So, let's talk cash flow - again. I keep stressing Cash Flow because it can make or easily break your precious business. Yep, that infamous two-word combo that everyone talks about, but few people feel truly confident with managing. And if you're a creative, it can feel like cash flow is one of those mysteries of the universe—like why there’s always an odd sock after doing laundry!
Let’s be real: most creatives didn’t start their businesses to be pouring over spreadsheets or analysing every penny. You started your business to do what you love. But if managing cash makes you feel like you’re trying to hold water in your hands, know this: you’re not alone!
Cash flow confidence is actually a thing you can build. It’s not about turning into an accountant overnight (phew!), but about having a few solid, simple strategies that make sure your money is working for you—and you’re not sweating it out each month wondering if there’s enough to go around.
So, how cash flow confident are you? Here’s a quick way to know:
You’ve Got the Cash Flow Basics Down – Do you know where your money goes each month, or is it a bit of a surprise each time? If it’s the latter, a cash flow confidence boost is just what the financial doctor ordered.
You’re Ready for the Dreaded “Dry Months” – It’s no secret that creative businesses have ebbs and flows, so having a cushion can make all the difference. But what if there’s no cushion?
You’re Optimizing, Not Just Scrambling – It’s easy to start working harder when cash is tight, but wouldn’t it be nice to work smarter?
Cash flow confidence means that you can pay your bills, team and yourself every month on time.
If any of this resonates, you’re in good company! And because I know how tricky it can be to get a handle on cash flow when it’s not your primary passion.
Without cash flow confidence, you’re lost at sea,
One month it’s feast, the next it’s empty.
But with savvy steps, you’ll steer your way,
To fearless growth and brighter days.
Hope these insights help you take that first step toward cash flow confidence!
Your Financial Ally
P.S. I’ll be running a free 5-day Cash Confidence Challenge in January for those looking to go a little deeper on building resilient cash flow and setting up recurring income streams. Just reply with “Send Me Details,” and I’ll make sure you’re first to know when it kicks off!