Knack 4 Business
Increase Profits and Boost Cash Flow
Welcome to the Knack 4 Business podcast.
Today's guest is Walid Doumyati from WD Accounting Services
Walid, focuses on the importance of understanding cash flow versus profit, financial forecasting, and planning for successful business growth. He emphasizes the significance of cash flow management across various industries, particularly construction, and discusses the challenges and solutions for startups and established businesses in maintaining positive cash flow. We cover practical aspects such as factoring, budgeting, and the vital need for businesses to seek professional financial guidance early. Additionally, the importance of separating personal and business finances and the potential of leveraging tax planning and grants to enhance cash flow are discussed.
email: info@wdaccountingservices.ca
Website: https://www.wdaccountingservices.ca/
Please send your comments and questions to info@kreativinsight.com
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To hear other Knack 4 Business podcasts CLICK HERE.
Acknowledging their support, I would like to express my thanks to Carl Richards from Podcast Solutions Made Simple, a renowned podcast expert, Fred Crouch who is the Property Wizard podcaster, Melanie Webber my invaluable business partner, and Wayne Pratt from Motive8U Inc, who serves as both a coach and co-host of these podcasts.
Hosts: Bernie Franzgrote and Wayne Pratt
How I learned to invest in real estate, with seasoned expert Fred Crouch.
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Disclaimer: Please note that the Knack 4 Business podcast episodes are meant solely for educational and general informational purposes. The information and opinions contained within are not intended to be professional advice on any subject matter. The thoughts, views, and opinions expressed by the participants are their own beliefs and do not represent the views of the podcast hosts or any affiliated organizations.
It is important to note that this podcast is not a replacement for consulting with certified experts in your area who possess knowledge of your unique situation. The hosts of the podcast, along with any participants or affiliated groups, do not take responsibility for any actions taken or not taken based on the information presented in this episode.
It is highly recommended that individuals seek guidance from their advisors in fields such as accounting, law, or other pertinent areas prior to undertaking any actions or making decisions that may impact their financial, legal, or other aspects of life.
