Managing cashflow is a critical skill for any business - without it, you're sure to go bankrupt. In this video, I show you the steps I've taken to build a cashflow app in Airtable that runs entirely on automation. Every payment we receive is instantly added to our cashflow app and the expenses related to that income are also created. This way, we never spend more than we earn, building a strong financial foundation for our business.
As I mention in this video, the cash management philosophy at play here was first introduced to me from one of our amazing clients in the form of a book by Mike Michalowicz called "Profit First" - if you're interested in learning more about this topic, I'd strongly recommend this book as a way to build a financially strong business!
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