Last week we covered a lot of ground including how The Universe says the portal to every next level is through the parts of yourself that you avoid as well as what the cop said to my English buddy Will when he got pulled over.

Speaking of *shouting* it’s the wrong soid of the roade ya was droivin down, innit…

Dave and his girlfriend were having piilow talk and here is how it went:

Dave’s Girlfriend: In a relationship, communication is key.

Dangerous Dave: What’s wrong?

Dave’s Girlfriend: nothing. Goodnight.

In other news…

The bigger you get… the smaller your circle.

Anyhoo…

Your one PROFIT ACCELERATION THING today is:

‘Cashflow Statement’ (CFS)

A business goes out of business for ONE reason and ONLY one reason.

Same reason you lose at Monopoly.

Running out of cash.

A Cashflow Statement (CFS) is therefore critical for a growing business but strangely very rare for a business owner to have let alone understand.

Here’s a synopsis:

1. The problem it solves is to see how cash is moving in and out of a business.

2. The CFS has three parts: Cash from Operating Activities. Cash from Investing Activities. Cash from Financing Activities.

3. ‘Operating Cash’ is from day to day operations (OC is the acid test of a business and a CRITICAL number). ‘Investing Cash’ consists of three primary parts which are 1. CAPEX 2. Mergers and Acquisitions 3. Marketable Securities. ‘Financial Cash’ measures cash moved between the company and its shareholders and debtors.

The one you NEED to understand here is ‘Operating Cash’ and how it’s the lifeblood of a business.

4. Changes in cash balance in each of three areas provide critical information to know the short term / long term health of the business.

Example: A company has $1,000,000 of profit (earnings) and you think WOW, great business.

When you read the CFS you’d see how they sold three trucks and a small piece of real estate last year… that totaled $900,000.

That only leaves $100,000 of profit from the day to day operations (operating cash) of the business.

Dramatic example to drive home a point but clearly… not such a great business.

You heard it here first.

Now, pick up the phone and go help someone.

Obsessed with your business coaching success,

Karl Bryan

Founder, Focused.com

PS. Look, I still want to be invited but there’s no chance I’m coming.

PPS. If this helps and you want it to really sink in… GO TEACH IT to someone cause that’s the best way for you to learn it. A friend, your spouse, a prospect, a client etc…

*Don’t plagiarize my work like a lame arse.

PPPS. Marriages break up from lack of money… over lack of love X 100. Business failures lead to destruction, addiction, depression, anxiety, suicides, and unfortunately, far more.

As good business coaches, we save marriages, save families, save kids from self-destruction… we save lives!

A true life of purpose.

PPPPS. If you’re looking for a proven system to follow for your coaching…. I created Profit Acceleration Software™ and high-end step-by-step training to support it…

We did a training that will teach you ‘A strategy that can DOUBLE your clients’  bottom-line profits using exponential growth without spending more on marketing.

Imagine finding your high-ticket coaching fees BEFORE you start coaching your new clients?!  And a proven coaching system created for you to follow with your new coaching client.

Access the free training here

PPPPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited-time, complimentary subscription to my business coaching magazine go here:

https://thesixfigurecoach.com/subscribe/

PPPPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin, High-End Coaching Client Findin Gold For Business Coaches.

https://karlbryan.com/business-coaching-secrets-podcast