{"id":3412,"date":"2020-03-27T13:43:24","date_gmt":"2020-03-27T20:43:24","guid":{"rendered":"http:\/\/www.successseriesllc.com\/wordpress\/?p=3412"},"modified":"2020-10-27T18:39:28","modified_gmt":"2020-10-28T01:39:28","slug":"talk-tom-5-cash-flow-goals-every-small-business-should-have","status":"publish","type":"post","link":"http:\/\/www.successseriesllc.com\/wordpress\/2020\/talk-tom-5-cash-flow-goals-every-small-business-should-have\/","title":{"rendered":"Talk with Tom:<\/i> Episode #72 | 5 Cash Flow Goals Every Small Business Should Have"},"content":{"rendered":"

On today\u2019s episode of Talk with Tom<\/em>, we continue with our January theme of goal setting but this time we turn it from personal goals to business goals<\/a>\u2026from Growing Your Life <\/strong>to Building Your Business<\/strong>. Today\u2019s topic is the 5 Cash Flow Goals Every Small Business Should Have<\/em>:<\/p>\n

    \n
  1. Pay attention to margins<\/li>\n
  2. Pay yourself a salary<\/li>\n
  3. Have finances in reserve<\/li>\n
  4. Avoid debt<\/li>\n
  5. Save for growth<\/li>\n<\/ol>\n

    Be realistic about your goals. Aiming for super high margins, an unrealistic salary, or endless cash reserves can be detrimental to your business. Think about each of the above steps and prioritize each based on what\u2019s realistic and achievable for your industry, fiscal state, and wider business goals. Start by revisiting your business plan, talking to your accountant, and then go from there.<\/p>\n

    \n

    Every month Tom shares topic after topic to Grow Your Life <\/strong>and Build Your Business<\/strong>. If you\u2019re not already a subscriber, join us. Talk with Tom<\/a><\/em> is 100% free, and there are special benefits available only to our subscribers, so be sure you subscribe yourself on iTunes<\/a> or wherever you get your podcasts, and we look forward to seeing you right back here on the last Wednesday of every month with Talk with Tom<\/a><\/em>.<\/p>\n

    http:\/\/media.livewithgregpodcast.com\/twt\/180131-e28_TWT-final.mp3<\/a><\/audio><\/div>

    Podcast: Play in new window<\/a> | Download<\/a><\/p>

    Subscribe: Apple Podcasts<\/a> | RSS<\/a><\/p>","protected":false},"excerpt":{"rendered":"

    On today\u2019s episode of Talk with Tom, we continue with our January theme of goal setting but this time we turn it from personal goals to business goals\u2026from Growing Your Life to Building Your Business. Today\u2019s topic is the 5 Cash Flow Goals Every Small Business Should Have: Pay attention to margins Pay yourself a […]<\/p>\n","protected":false},"author":4,"featured_media":2184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,50,6],"tags":[],"class_list":["post-3412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-build-your-biz","category-grow-your-life","category-talk-with-tom"],"yoast_head":"\n5 Cash Flow Goals Every Small Business Should Have | Talk With Tom<\/title>\n<meta name=\"description\" content=\"On today\u2019s episode of Talk with Tom, we continue with our January theme of goal setting but this time we turn it from personal goals to business goals\u2026from Growing Your Life to Building Your Business. 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