With unprecedented amounts of businesses shutting down worldwide, it’s time for us to talk about business basics.
For a business to make it through tough times, they have to have to understand cash flow.
Failing to understand why this is important, or how to have a positive cash flow, will result in an unstable business.
Listen now to find out how you can adjust your business practices to ensure you have a positive cash flow to keep your heads above water in 2020 and beyond!
In this episode you’ll discover:
- What the #1 reason businesses go under is
- Why many businesses are facing the same problem right now (and how to overcome it)
- Why some business models are more prone to issues than others
- How to drum up demand for your services on the spot
- How to get guaranteed income
- Why it’s best to get paid in advance
- How deferring expenses can rescue your business
- Why downsizing is the best way to save most studio businesses
- Why flexibility is the key to a successful business
Join The Discussion In Our Community
Click the play button below in order to listen to this episode:
“To build a business that’s bomb-proof, you have to be in control of your cash flow.” – Chris Graham
“I’m under the impression that right now, for the foreseeable future, you do not need a commercial recording space. Period.” – Brian Hood
Filepass – https://filepass.com
456 Recordings – www.456recordings.com
Chris Graham – www.chrisgrahammastering.com
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Lij Shaw – https://www.thetoyboxstudio.com/lij-shaw/
The Profitable Producer Course – theprofitableproducer.com
The Home Studio Startup Course – www.thesixfigurehomestudio.com/10k
6FHS Facebook Community – http://thesixfigurehomestudio.com/community
@chris_graham – https://www.instagram.com/chris_graham/
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