QUESTION: WHAT ARE SOME CHALLENGES YOU DID NOT ANTICIPATE WHEN DECIDING TO START YOUR OWN BUSINESS?
Question by: Ashley
CASH FLOW IS A COMMON STRUGGLE
“We started with clients from day one, so we’ve always been profitable, but one thing we didn’t think about when we started was cash flow. Many profitable businesses experience famine and feast, due to invoice scheduling or higher sales during certain parts of the year. You must have a plan to spread profits from the most profitable times to cover times when cash flow is slower.”
