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

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