Steve's Point to Ponder: How to Fix Your Cash Flow w/ Pricing Insights
Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Cash flow is the lifeblood of every business. Let’s dive into the impact of pricing on cash flow. In this episode, your host Stephen King, President & CEO at GrowthForce, walks you through why and how to price your jobs to raise your cash flow: What you’ll learn: - Understanding the fully loaded labor cost - Establishing a gross profit per team field in your accounting system - Identifying which clients are most profitable (probably not your biggest client) - Why discounts are so damaging to cash flow Listening on a desktop & can’t see the links? Just search for Path to Profit in your favorite podcast player.