The Cash Flow Secret That 99% of Business Owners Miss

Welcome to another insightful episode of the Profit Cash Growth Podcast, the go-to resource for six and seven-figure business owners striving to grow financially successful businesses.

The episode kicks off with a surprising twist: a discussion about McDonald's iconic Big Mac. Simon reveals recent discreet improvements made to the Big Mac and Quarter Pounder, focusing on how these subtle changes enhance customer satisfaction without causing uproar. Claire and Simon explore the significance of continuous, small-scale improvements in business and how such incremental changes can lead to substantial gains over time.

Next, the podcast transitions to a crucial financial topic: the difference between cash and equity in your business. Claire explains the concept of equity, how it accumulates through retained profits, and why it is essential for business owners to track. The discussion includes a real-life example of a business owner who had significant equity but limited cash flow, highlighting the importance of understanding and managing these financial metrics effectively.

The episode wraps up with the Profit Cash Growth Extra segment, where Claire shares her experience with the Sky VIP app. She discusses the perks of being a Sky VIP member, including winning free concert tickets and accessing exclusive rewards. Simon and Claire also touch on the benefits of utilising reward programs like McDonald's Rewards to maximize value from everyday purchases.

Join us this week for a blend of financial wisdom and practical tips, ensuring you're equipped with the knowledge to enhance your business operations and personal rewards.

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ABOUT THE HOST:

Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.

As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.

Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions.