Do you ever find yourself feeling anxious, even though your business is profitable?

Perhaps this unease stems from uncertainties about your cash flow – a crucial financial aspect that often confuses many mission-driven CEOs.

Fear not!

This episode of Her CEO Journey serves as your comprehensive cash flow masterclass, equipping you with the knowledge and strategies to confidently manage your business's financial health.

Join our founder, Christina Sjahli, as she delves into practical techniques for closely monitoring your operating cash flow.

Christina will walk you through the art of cash flow management, empowering you to take proactive control of your business's financial well-being.

By the end of this episode, you'll be a cash flow pro, ready to:

• Extend your runway and breathe a sigh of relief.
• Make sound decisions based on real financial data.
• Prioritize effectively and stay true to your mission.

Are you ready to become a cash flow master? Let's get started!

Bonus: We've got a Practical Guide for Busy Founders like you with even more cash flow wisdom and common forecasting mistakes to avoid. Grab it in the show notes!

Key Takeaways:

In this episode, you'll learn:

• Profitability is a crucial indicator of a healthy business, but it's not the only factor for financial stability. Efficiently managing cash inflows and outflows is the secret to maintaining healthy cash flow.

1. Profitability Matters: Profit is important, but it doesn't guarantee a business will have enough cash on hand to operate smoothly.
2. Cash Flow Management is Key: The real "core principle" is in managing cash flow effectively. This involves ensuring a steady stream of incoming cash (inflows) while minimizing unnecessary outgoing cash (outflows).

• The 3 types of cash flow every CEO should understand (investing, financing, and operating - we'll focus on the big kahuna: operating cash flow)
• How to monitor your cash flow and discover your runaway date (the day the well runs dry!)
• The power of cash flow modeling: play "what-if" with your finances and prepare for anything!

Episode Highlights

• [00:54] Cash Flow as a concept and a process
• [01:15] Big mistake: use bank balances to manage cash flow
• [02:44] The three types of Cash Flow: investing, financing and operating.
• [03:38] Three Operating Cash Flow steps
• [04:00] Monitor Cash Flow and find your runaway date
• [04:30] Manage Cash Flow
• [05:30] Model Cash Flow

Resources

• Connect with Christina Sjahli on LinkedIn
• Check out Christina’s Fractional CFO Services
• Explore Profit Reimagined and discover how you can turn purpose into profit: Website and LinkedIn

Enjoyed This Podcast?

Each review you write helps us reach more women in business. Your insights are invaluable—share this with your friends and amplify the impact!

Connect With the Profit Reimagined

Ready to turn purpose into profit? Transform your financial strategy and embark on a journey toward a sustainable and thriving business. Schedule a chat with the team today!

Imagine this: You've built a thriving business, your sales are climbing, and on paper, you're incredibly profitable.

But then, reality hits.

Payroll day arrives, and suddenly you're scrambling to find the cash to cover it. Does this scenario sound familiar?

It's what many founders experience—the profit versus cash flow paradox.

While profit might seem promising, cash flow tells the real story about your business's financial health.

In this episode, our founder and host of Her CEO Journey, Christina Sjahli will clarify the difference between profit and cash flow.

Christina will explain why profit and cash flow don't always go hand-in-hand, and equip you, a mission-driven founder, with the knowledge to use both effectively for wise and sustainable business decisions.

Ditch the financial frustration and join us as Christina reveals the secrets of true financial health for your business!

Key Takeaways:

• Profit (net income): The remaining amount after deducting all costs from revenue. It reflects the profitability of your business model, marketing strategy, pricing, and cost management.
• Cash flow: The movement of money in and out of your business. It tells you about your cash collection habits, supplier credit utilization, inventory levels, and external financing needs.
• Profit doesn't equal cash: Profit is calculated based on accrual accounting (revenue recognized at sale, even if cash hasn't been received), while cash flow reflects actual cash movement.
• Profitability and cash flow are independent: A profitable business can have negative cash flow and vice versa.
• Founders need both: Analyze both profit and cash flow to make informed decisions about your business.

Episode Highlights

• The story behind profit: How a healthy profit indicates a strong business model, effective marketing, and efficient cost management.
• The cash flow conundrum: Why founders might struggle with cash flow despite showing a profit on paper.
• Accrual accounting vs. cash accounting: Understanding the timing difference between revenue recognition and cash receipt.
• Profit vs. cash flow stories: How each metric provides valuable insights into your business health.
• Why both matter: The importance of using both profit and cash flow analysis for effective business management.

Resources

• Connect with Christina Sjahli on LinkedIn
• Check out Christina’s Fractional CFO Services
• Explore Profit Reimagined and discover how you can turn purpose into profit: Website and LinkedIn

Enjoyed This Podcast?

Each review you write helps us reach more women in business. Your insights are invaluable—share this with your friends and amplify the impact!

Connect With the Profit Reimagined

Ready to turn purpose into profit? Transform your financial strategy and embark on a journey toward a sustainable and thriving business. Schedule a chat with the team today!

Patrice's journey serves as an inspiration for aspiring women entrepreneurs, showcasing the profound impact of blending passion, purpose, and strategic planning to build a successful and meaningful business.

In this episode of Her CEO Journey, our host Christina Sjahli welcomes Patrice Mousseau, founder and CEO of Satya Organics, a company dedicated to creating effective and sustainable skincare products.

Patrice unfolds her inspiring journey from media personality to entrepreneur, driven by a personal need to find natural remedies for her daughter's eczema. She delves into Satya Organics' commitment to social good, building a diverse workforce, and navigating the dynamic world of international expansion.

Key Takeaways:

• From passion to purpose: Patrice's journey underscores how personal experiences can ignite entrepreneurial ventures.
• Values-driven business: Satya Organics prioritizes quality, sustainability, and social responsibility, demonstrating that businesses can be profitable while making a positive impact.
• Building a diverse team: Patrice emphasizes the importance of fostering an inclusive environment that empowers individuals from different backgrounds.
• Going global: Expanding internationally comes with its own set of challenges, but Patrice believes it can be less daunting than expected by focusing on connecting with advisors and then finding the right partners and aligning with your values.
• Strategic growth: Patrice's experience showcases the importance of a balanced and thoughtful approach to financial strategy, utilizing various resources to achieve sustainable growth.

Episode Highlights

• [04:33] Patrice's journey from media personality to founder of Satya Organics.
• [08:14] Cultivating a business culture centered on purpose, values and sustainability.
• [10:14] Evolution of the product and packaging always at service of community and environment.
• [14:19] Sourcing simple and high quality is the key.
• [17:50] Prioritizing opportunities that align with your values while letting go of those that don't.
• [21:32] The crucial role of advisors in business international expansion growth.
• [24:51] Top recommendation: work on your margin for healthy finances
• [30:20] Partnering with suppliers that align with the mission and values.
• [33:10] Patrice's proudest moment on her impact journey.
• [36:50] Returning to the community to drive innovation.

Resources

• To learn more about their products and mission visit Satya Organic’s Instagram and Website
• Connect with Patrice Mousseau on LinkedIn
• Connect with Christina Sjahli on LinkedIn
• Explore Profit Reimagined and discover how you can turn purpose into profit: Website and LinkedIn

Enjoyed This Podcast?

Each review you write helps us reach more women in business. Your insights are invaluable—share this with your friends and amplify the impact!

Connect With the Profit Reimagined

Ready to turn purpose into profit? Transform your financial strategy and embark on a journey toward a sustainable and thriving business. Schedule a chat with the team today!