Skip to content

Cash Flow: The Silent Killer – [PowerTips Unscripted] Ep.75

Cash Flow: The Silent Killer – [PowerTips Unscripted] Ep.75

It’s incredibly busy in the remodeling world at the moment — leads are pouring in, proposals are flying out, and jobs are being scheduled like crazy. We’re seeing businesses with 30 percent growth, year over year.

Yet there’s a silent killer lurking beneath all the fevered growth: insufficient cash flow.

In this episode, Mark’s flying solo and he tackles the phenomenon of “growing broke” — being busier than ever, but running out of cash.

It can happen to the best, most experienced remodelers — times are almost too good, and it’s easy to lose track of your cash flow. Mark shares why you need to control it, and what to do if cash is starting to run out, including:

  • How to assess your cash flow situation
  • Why cash flow is king
  • Long-term planning strategies
  • What to do when you start feeling the pinch
  • How to address a problem if you’ve got one
  • Keeping your customer experience safe
  • And more …

If you’re concerned about where your cash situation is, set a calendar alert for the all-new RA University, launching Monday, Aug. 12 (the link is still to the older site). You’ll find five new lessons — and one of them is The Importance of Cash Flow. You’ll also find the The 5 Things to Never Do & The 5 Things to Always Do, Running a Paperless Office, Marketing that Works, and Setting Goals and Hitting Them. If you want to go even deeper and you can always reach out to us to help you find the solutions to your cash flow issues.

Click here to listen to this episode

Share:

>

Opt Out

I confirm that I am choosing to opt-out of the new Roundtables membership, henceforth referred to simply as Roundtables (“Roundtables”).  

I understand that my current membership will not change and will be henceforth referred to as RT Legacy, Roundtables Legacy, or simply Legacy (“Legacy”). I understand that by opting out I will not receive the additional benefits offered to Roundtables membership and will not receive the bonus PSCs.  I acknowledge that if I choose to upgrade at a later date, I will not receive any bonus PSCs above the standard issue.

By clicking below, you opt out and will be locked into the Legacy program for 2021. You will not receive an increase in dues, other than our standard inflationary annual dues increases. You will have the opportunity to opt in for the 2022 membership year. However, there will be no bonus given to future opt in cycles.

Please note that if you cancel your membership, you forfeit access to Legacy membership in the future. You may rejoin only as a Roundtables member.

Hey there!

Login To Come In

Member Support

Roundtables Application

Let's do this