• Cash Flow Demystified

  • Dec 26 2024
  • Length: 32 mins
  • Podcast

  • Summary

  • What is cash flow, how does it work, and why is it important? If you've found yourself pondering these or similar questions while navigating the complicated world of cash flow, this episode is for you!

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    00:29 Year-End Panic and Client Price Notifications
    01:15 Cash Flow Demystified
    02:02 Understanding Cash Flow Reports
    03:59 Importance of Positive Cash Flow
    04:46 Economic Uncertainty and Budgeting
    08:57 Impact of the Pandemic on Law Firms
    09:27 Adapting to New Technologies
    15:47 Improving Cash Flow for New Businesses
    17:32 Cash Flow Management: Lease or Buy?
    17:47 Identifying and Eliminating Unnecessary Expenses
    19:23 Optimizing Business Savings and Investments
    20:00 The Importance of a Rainy Day Fund
    21:52 Navigating Lines of Credit
    23:24 Leveraging Client Conversations for Business Insights
    23:59 Analyzing Staff Productivity and KPIs
    24:39 Year-End Financial Review and Adjustments
    27:38 Reminder: Filing Your BOIR Report
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    Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

    Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

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