Latest / The Motivate Collective Podcast by Melanie Suzanne Wilson
Podcast Episode: Amanda Thompson - financial advisor, mother, domestic abuse survivor, and ironman athlete
Keywords
cash flow, budgeting, small business, financial planning, salary forecasting, income management
Summary
In this conversation, Amanda Thompson emphasises the critical role of cash flow forecasting for small businesses. She discusses how many entrepreneurs neglect to factor in their own salaries and the importance of planning for personal income and business breaks to ensure financial stability.
Takeaways
Everyone does budgets, but a cash flow forecast should be in place to see how you're going to pay yourself as well.
This is the problem with a lot of small businesses. They don't…
The skinny
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