The Money Blog

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Navigating Uncertainty Q+A

leadership profitwithoutpills Feb 17, 2023

Q1: How can I ensure my business remains resilient during uncertain times?

Answer: Maintaining a strong cash reserve is crucial for any business in uncertain times. It acts as an insurance policy and allows you to adapt to changing situations. Investing in systems and procedures also makes sense to both create stability and when you're preparing for growth and scalability.

Q2: Is it advisable to use a loan to pay off debts, especially with low interest rates?

Answer: Using a loan to pay off higher-interest debts can be a strategy worth considering. However, when applying for a loan, it's essential to communicate its purpose clearly. Some lenders may be reluctant if the loan is intended solely for refinancing existing debt.

Q5: What are the levers for improving operating cash flow in a business?

Answer: There are five levers for operating cash flow:

  • increasing sales,
  • reducing expenses,
  • decreasing accounts receivable (collecting money owed to the business),
  • increasing accounts payable (paying bills later),
  • and efficiently managing stock.

Additionally, focus on personal cash flow management to ensure a stable financial situation.


Navigating business operations and financial management during uncertain times requires careful planning and adaptation.

Prioritising cash reserves, cost reduction, and strategic hiring can set you on the path to resilience and growth. Understanding the levers for improving cash flow is vital in weathering challenges successfully.

The Health-prenuers Guide

Coming Soon!

I'm on an exciting journey with my book, taking it back to the good old days when books were served up in newspapers, piece by piece. I'm crafting circa 500 words a day and sharing it with all of you.

Now, this book is for you if you've ever had a brilliant idea or a vision for your own healthcare business or perhaps you want to revitalise your existing service, but you're stuck, not sure how to confirm if there's a market for your idea or how to bring your vision to life.

Let's embark on this journey together