Of Impact
Of Impact
Alicia Reynoso, Shad Doverspike, Chris Bodnar
Understanding Cash Flow: Strategies and Insights
1 hour Posted Jan 14, 2024 at 1:56 am.
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Join Shad and Chris in this episode of "Of Impact" as they explore effective strategies for managing and improving business cash flow. They discuss practical approaches such as renegotiating supplier terms, utilizing SBA loans and lines of credit, and considering invoice factoring. Shad shares real-world experiences from his business ventures, while Chris provides expert advice on financial planning and inventory management. This episode offers actionable tips for both e-commerce and service-based businesses, aiming to enhance their financial sustainability and growth. Dive into the world of business finance with insights that cater to entrepreneurs at all stages.