14. How To Structure Your Payment Terms To Avoid Negative Cash Flow Problems

Fricken cash flow problems!  I’m sure you’ve experienced them at some point. Right?  I know in my early years after setting up my joinery business I had some serious problems with cash flow.  I remember the sleepless nights tossing and turning all night waking up worrying about money. Not having enough money in the bank to pay the wages. Getting those overdue payment reminders from my suppliers and falling behind on paying my VAT and tax bills. There were times when we were down to living just week to week, hand to mouth and it was flipping tough back then. Thankfully now I do not have to worry about money. All my businesses make a profit and I have positive cash flow. In this coaching episode, I teach you how to change your payment terms so you become a cash-rich company and never have to worry about money again. Key Learnings & Actions From This Episode 1. How to get yourself out of debt and your overdraft at the bank. Why do business owners end up in this horrible situation? 2. Learn how to get your customers to pay you quicker and on time without having to chase them 3. Discover how to become a cash-rich company and never have to worry about money again  4. Learn how to implement strict payment terms and how to explain these to your customers with confidence  5. Discover the 4 essential money pots and how to split your money up - allowing you to sleep at night If you need to turn your negative cash flow into a positive cash-rich business. You need to listen to this episode NOW! 🎧 LISTEN TO ALL OUR PODCAST EPISODES HERE: ⁠⁠⁠https://tradesfreedomclub.com/podcast⁠⁠⁠ ------------------------------------------------------------------- APPLY TO JOIN OUR "INNER CIRCLE" MARKETING & BUSINESS COACHING PROGRAMME:⁠⁠⁠ https://tradesfreedomclub.com⁠⁠⁠ ------------------------------------------------------------------- FOLLOW US ON OUR SOCIAL MEDIA PLATFORMS: Join Our Safe & Thriving Facebook Group & Community: ⁠⁠⁠https://www.facebook.com/groups/tradesfreedomclub⁠⁠⁠ Instagram: ⁠⁠⁠https://www.instagram.com/tradesfreedomclub⁠⁠⁠ TikTok: ⁠⁠⁠https://www.tiktok.com/@tradesfreedomclub⁠⁠⁠ ------------------------------------------------------------------- WHO WE HELP AND SUPPORT At the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

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