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The StoryBrand Podcast

#132: How to Avoid the Biggest Cause of Business Failure (REPLAY)

The StoryBrand Podcast

StoryBrand.com

Business, Marketing

4.72K Ratings

🗓️ 10 July 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Cash flow problems are the number one reason that small businesses fail. If your business is going to stand the test of time, you must have an effective system for managing your business finances. Unfortunately, many business owners are confused by their bookkeeping, don't understand what's really happening in their finances, and never have enough money saved for taxes. But it doesn't have to be that way!

 

Today we continue our Summer Replay Series, highlighting our top episodes of all time. In today's replay, you'll learn a simple cash flow management system using 5 checking accounts. When you learn Donald Miller's simple framework, you'll finally have a no-nonsense strategy to manage cash flow with zero confusion or stress. Tune in now to learn the 5-part framework that simplifies managing finances and ensures you never run out of cash!

 

Go to BusinessMadeSimple.com/cash to access our new course, Small Business Cash Flow Made Simple. You'll learn an easy way and playbook to organize your finances so you never run out of cash. Finally get total clarity on what's happening with your money and disciplines that result in long-term financial security. Just go to BusinessMadeSimple.com/cash.

 

--

 

IF YOU'RE SERIOUS ABOUT IMPLEMENTING A PLAN TO GROW YOUR BUSINESS AND REVENUE, FLIGHT SCHOOL IS FOR YOU! JOIN NOW: SmallBusinessFlightSchool.com.

 

ORDER DON'S NEW BOOK "HOW TO GROW YOUR SMALL BUSINESS"GrowYourSmallBusiness.com

 

SUBMIT FOR YOUR CHANCE TO GET COACHED ON THE PODCAST: BusinessMadeSimple.com/Podcast 

 

FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple

Transcript

Click on a timestamp to play from that location

0:00.0

Most small business owners know how to make a lot of money.

0:02.5

They don't know how to manage it.

0:03.9

Welcome to the Business Made Simple Podcast,

0:08.9

brought to you by the HubSpot Podcast Network.

0:11.3

I'm your host, Donald Miller.

0:12.8

Welcome back to our Replay Series.

0:14.5

This is our summer Replay Series,

0:16.5

and we are going to continue revisiting

0:18.3

some of the best episodes of Business Made Simple

0:21.5

that help small business owners make or today save money.

0:26.1

In fact, I would even say today's episode

0:27.7

helped a lot of people make money

0:29.6

because it helped them manage their cash flow.

0:32.5

And so in today's episode,

0:33.7

I talk about how to use five checking accounts

0:36.1

to manage your money.

0:37.2

In fact, after you listen to this episode,

0:39.3

you can actually get access to our new course,

0:41.7

small business cash flow made simple.

0:43.7

Just go to businessmadesimple.com slash cash.

0:47.1

That's businessmadesimple.com slash cash.

0:50.4

All right, if you struggle with managing cash

...

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