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In the current climate, never has cash flow been so important and the saying ‘cash is king’ been so true and in this episode Shaz shares some great tips on how you can keep your cash at the moment and be in a great position when things start to move again.
\\nHe explains the vital importance of tracking all money through your cash flow forecast and undertaking regular reviews of all aspects of your business.
\\nWith many elements to any business it’s vital to closely examine every payment and service to ensure you are running your business in the most efficient way.
\\nThis will mean when there are tough decisions to be made and difficult times you know exactly where your money is, putting you in a great position to move quickly when the world moves forward and the opportunities start coming.
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KEY TAKEAWAYS
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BEST MOMENTS
\\nKeep a tight eye on what’s going on
\\n‘Get ready for the upside when it comes’
\\n‘Review your management accounts regularly’
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VALUABLE RESOURCES
\\nshaz@aaa-accountants.co.uk
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ABOUT THE HOST
\\nShaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
\\nShaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
\\nHe is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
\\nYou can find Shaz on:
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This show was brought to you by Progressive Media
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