Mastering Business Financials: Cash Flow, Revenue, and Smart Decisions with Avi Pinsky

Richard Walsh and Avi Pinsky explore the key differences between cash flow and revenue, highlighting their impact on business success. They discuss managing revenue, profit, and cash flow, and share strategies for optimizing cash flow and managing debt. Avi emphasizes the CFO's role in ensuring profitability and the importance of smart financial decisions. The episode covers the roles of accountants, bookkeepers, and CFOs, urging business owners to understand financial basics. They advocate for financial education and using reports for informed decisions, discussing owner compensation and financial health. The episode concludes with Avi's contact info and final thoughts.

Speakers

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Richard Walsh

Host • 51%

Avi Pinsky

Guest • 49%

Chapters

0:00	Introduction and guest Avi Pinsky's background
2:18	Cash flow vs. revenue in business success
4:40	Understanding and managing revenue, profit, and cash flow
6:59	Optimizing cash flow cycle and managing business debt
10:11	Role of a CFO and ensuring profitability
16:02	Smart financial decisions and asset management
18:06	Financial advisors: accountants, bookkeepers, and CFOs
24:09	Learning financial basics as a business owner
27:32	Seeking financial education and making informed decisions
34:57	The importance of business reports for decision-making
36:21	Owner compensation and business financial health
42:19	Investing in financial experts and the value of coaching
44:42	Contacting Avi Pinsky and closing thoughts
46:08	Outro and call to action

Transcript

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