Failing To Plan Is Planning To Fail!

Today, we're joined by Luis Barrett of Neosho, Missouri. He shares his lawn care business startup story with us and spends a few minutes talking about their struggles with cash flow, keeping up to date with bills, and how failing to plan is planning to fail.

In this episode, you will learn:

• Luis's background in entrepreneurship and how he got started in the lawn care and landscaping industry
• The importance of cash flow management in a business
• Lessons learned from facing financial struggles and debt in a business
• Strategies for improving cash flow, including prepayment options, deposits, and draws on projects
• The significance of budgeting for off-season expenses and preparing for slower months
• Tips for negotiating with vendors and suppliers to manage cash flow effectively
• The value of communication and working with others to navigate financial challenges
• Personal experiences and insights shared by Luis to help others in similar situations

Want to Listen to More Episodes about Cash Flow?

• Ep 466. PROFIT & CASH FLOW Calculator is Now Available!
• Ep 359 . Getting A Handle On Cash Flow & Hiring A Good Bookkeeper w/ Carla Iniguez of Cycle CPA
• Ep 279. 100% CASH FLOW! Charge Card On File System - Let's Talk About It! w/ Host Brian Fullerton
• Ep 106. Creating Systems & Mastering Sales Skills w/ Serial Entrepreneur DJ Carroll

Links Mentioned In The Episode:

• Kujo Yardwear - save 10% with code "Brians10"
• The Lawntrepreneur Academy LINK Membership - Join on or before April 30th to get FREE Equip Registration with your LINK membership