
← Profitable Home Services Podcast | Increase Profits & Improve Cash Flow19. Okt. · 37 Min.
How To Improve Cash Flow & 10x Profits Even In The Slow Season
A profitable year can still leave you short on cash in January. Knowing how to improve cash flow in a service business is how you close that gap before the slow season starts.
In this episode, I'll walk through a $6 million example company that looks healthy on paper and still runs short on cash by January. That is one of the most common home service cash flow problems I see. Then I'll show you how to plan for it, starting with what it costs to run your business each month of the slow season.
What You'll Learn:
Why a profitable year can still leave your bank account short in January
How to build a 13 week cash flow forecast before the slow season starts
Why more sales won't fix a winter cash gap
The one question that tells you which expenses to cut before winter
How to protect your labor dollars and collect unpaid invoices faster
Why discounting takes a bigger bite out of your profit than you expect
The hidden cost of paying for spring capacity all winter long
Key Moments:
3:47 A $6 Million Example Of Profit Without Cash In The Bank