222. What to do when you're short of cash

222. What to do when you're short of cash

Author: Susan Bradley: E-commerce Expert July 2, 2024 Duration: 16:12

Struggling with cash flow is overwhelming, exhausting, and can lead us to making decisions we regret. In this episode, I'm sharing my own experience with cash flow struggles, and what I wish I had known when I was running my first business.

If your store earns 6-7 figures annually and you answer "yes" to any of these questions, this episode is for you:

  • Are your inventory purchases eating up cash you need for operating?
  • Are your debt repayments eating up the cash you need for operating?
  • Is your profit too small to cover your operating expenses?

When your cash is really tight, it's scary. And our first impulse is often to rush in and fix it. 
Listen in and learn what NOT to do when you're short of cash, and exactly what you should be doing instead. 


RELATED LINKS:

A Lesson On Fixing Your Cash Flow: https://thesocialsalesgirls.com/a-lesson-on-fixing-your-cash-flow-episode-166/


3 Things You Can Do Today To Be More Profitable: https://thesocialsalesgirls.com/3-things-you-can-do-to-be-more-profitable-today-episode-219/


Formula For An Easy Collaboration You Can Do This Month: https://thesocialsalesgirls.com/the-formula-for-an-easy-collaboration-you-can-do-this-month-episode-215/


How To Create Profit Goals: https://thesocialsalesgirls.com/how-to-create-profit-goals-episode-209/


How To Get Control Of Your Cash: https://thesocialsalesgirls.com/how-to-get-control-of-your-episode-158/

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Susan Bradley has spent years navigating the twists and turns of online retail, and in The Ecommerce Roadmap, she shares that hard-won expertise directly with you. This isn't about vague theory; it's a practical guide built from the ground up for Shopify store owners who are tired of guesswork. Each episode pulls back the curtain on real stores, dissecting what actually moves the needle for growth and profitability. You'll hear a data-driven blend of overarching strategy and the specific, actionable tactics you can implement immediately. The focus is always on building a business with predictable, profitable sales, not just fleeting traffic. As an e-commerce expert, Susan structures every conversation to cut through the noise, offering clear direction whether you're just starting out or looking to scale an established brand. Tune into this podcast for honest conversations that feel like consulting with a trusted advisor, all aimed at providing you with a reliable map for your unique journey in online commerce.
Author: Language: English Episodes: 100

The Ecommerce Roadmap
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