116: Simple Ways To Improve Cash Flow That Work For Small Business Owners, Cliff Spolander

When it comes to evaluating the risk profile of a business, buyers look at the potential pitfalls starting with cash flow. Cliff Spolander, author of The Cash Flow Code, is the CEO of Business By Design, an exit planning advisory company in the UK. He has started, bought and sold several companies across a range of sectors including retail, education, health and construction. Cliff helps business owners strike a balance between protecting cash flow and profit margins, while growing their business. Laurie Barkman talks with Cliff about the importance of improving cash flow as a key step towards getting your business exit-ready and creating the transferable value that every buyer is seeking. Enjoy this Succession Stories episode to help you improve cash flow and reduce risk in your business with Cliff Spolander.   Show links: Cliff Spolander on Linkedin: www.linkedin.com/in/cliffspolander/ Website: www.businessbydesign.co.uk The Smarter SCALE-UP: https://www.thesmarterscaleup.com/ Saleability Test: https://www.saleabilitytest.com/ Laurie Barkman on LinkedIn: https://www.linkedin.com/in/lauriebarkman/ Subscribe on YouTube: Succession Stories YouTube Channel     About Succession Stories Podcast Succession Stories is an award-winning podcast guiding entrepreneurs from transition to transaction. Hosted by Laurie Barkman, author of "The Business Transition Handbook: How to Avoid Transition Pitfalls and Create Valuable Exit Options."  Get your copy at: www.theBusinessTransitionHandbook.com Learn more about strategic business transition planning at https://smalldotbig.com  ______________________________   SHOW SPONSOR: STONY HILL ADVISORS Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.