Ep. 265: Cash Flow: The Lifeblood of Business Growth

Cash flow is the number one reason businesses fail—even profitable ones. Luis Serrano, Founder of Serrano Bookkeeping, joins the show to discuss why trades businesses struggle with cash flow and how to fix it. From understanding the stress in-house bookkeepers face to implementing practical strategies for maintaining 2-3 months of operational capital, Luis shares insights on breaking the cycle of being "profitable but broke." Plus, NCG Business Coach Kathryn Freeman weighs in on real-world cash flow challenges, including the dangers of making financial decisions based solely on tax benefits without considering cash flow implications.

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Creators and Guests

Molly Nolan
Host
Molly Nolan
Marketing & Program Manager at Nolan Consulting Group, a Coaching & Consulting firm focused on the Trades Industry.