Episode 57 – Manage Your Cash Flow Effectively In Seven Simple Ways
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Wealth transfer, wealth protection, and wealth enhancement – all of these aspects have one important component in common –– cash flow!
In this episode, Tim Scannell discusses why managing cash flow is critical for your business in the long-term, especially for your exit strategy. Join him as he dives into seven key ways in which it can affect the value of your business.
You will learn:
- How you can ensure a smooth transfer of ownership – internal or external
- The importance of having various employee incentives in place
- Ways in which stress testing can help you better evaluate your cash flow to minimize your risks
- How your cash flow can vary significantly before and after your exit
- And more!
Listen now to learn how you can effectively manage cash flow to get a better value for your business going forward!
Resources:
Hightower Great Lakes: (219) 246-5370 | Tim Scannell | Tscannell@hightoweradvisors.com | Episode 49 – Why a Valuation Analyst Is Critical for Planning – With Guest Greg Clark | Using Short-Term Key-Employee Incentives to Increase Sale Price