Mastering Small Business Cash Flow and Profitability with Tom Dillon

Welcome to another episode of the Buzzworthy Consultant Podcast! In this episode, host Michael Buzinski sits down with Tom Dillon to tackle the often misunderstood—but absolutely crucial—topic of cash flow for small and medium-sized businesses. Michael and Tom dive deep into what cash flow really means beyond just sales, why managing both incoming and outgoing cash is vital, and how to smartly reinvest profits to ensure long-term success. You'll hear candid stories about the realities of entrepreneurial finance, from the pitfalls of running a business on thin margins to the risks and rewards of taking on debt or outside investment. Whether you're looking to scale your business, prepare for an exit, or simply want to avoid common financial missteps, this episode is packed with practical insights and real-world advice. Join us as we uncover the financial foundations every entrepreneur needs to master!

00:00 Understanding Cash Flow Basics
06:16 Cash Flow Misconceptions in Business
08:22 Maximizing Profits and Managing Taxes
13:38 "Startup Equity and Exit Challenges"
15:37 Service Business Exit Challenges

Navigating Cash Flow Challenges for Small Businesses with Tom on Buzzworthy Consultant Podcast

BCP EP52 – Tom Dillon, CFA
Founder, Frak Finance
Fractional CFO | Financial Strategist | Profitability Expert
🎙 Follow Our Guest: Tom Dillon
🌐 Website: frakfinance.com
🔗 LinkedIn: linkedin.com/in/tom-dillon-cfa
🐦 X (Twitter): @ProfitHunterCFO

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About Our Business:
Welcome to Buzzworthy Integrated Marketing! We are dedicated to creating predictably profitable integrated marketing campaigns for service-based businesses.

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📚 Recommended Resources:
Book 1: The Rule of 26 - https://www.amazon.com/Rule-26-Servic...

Thank you for watching! Don't forget to like, comment, and share this video with your friends.
******
About Our Business:
Welcome to Buzzworthy Integrated Marketing! We are dedicated to creating predictably profitable integrated marketing campaigns for service-based businesses.

******
🔗 Links & Info:
✅ Subscribe for more great content:    / @buzzworthymarketing  
👂 Listen to Buzzsprout: https://www.buzzworthymarketing.show/
🌐 Visit our website: https://buzzworthy.biz/
💡 Follow us on LinkedIn:   / urbuzzworthy  
📷 Connect on Instagram:   / buzzworthymarketing  
👍 Like us on Facebook:   / urbuzzworthy  
🔔 Turn on notifications to never miss an update!

💬 Business Inquiries: buzz@buzzworthy.biz

📚 Recommended Resources:
Book 1: The Rule of 26 - https://www.amazon.com/Rule-26-Servic...

Thank you for watching! Don't forget to like, comment, and share this video with your friends.