Managing Cash Flow to Scale a Business with Ashley Ingle

Ashley Ingle is the Founder and CEO of Profit Matters, an accounting company that provides bookkeeping, taxation, CFO, and other financial services to businesses, with a specialization in the construction and manufacturing industries. Profit Matters is 100% virtual and uses a powerful combination of skilled professionals and automated software tools to solve financial challenges. Ashley is a serial entrepreneur and also serves as the President of Ashley Concrete, a commercial concrete contractor located in DFW, Texas.

In this episode:

One of the main goals of going into entrepreneurship or starting a business is to make profits. Businesses need cash to take care of their daily operations, including managing payroll, stock or inventory, and advertising.

Regardless of which accounting method you choose, managing your cash flow is very important for the success of your business. Cash flow problems can limit the growth of your business and lead to loss of employees and clients. But, with efficient processes and procedures, you can achieve consistent sales and grow profits — which will help you scale your business.

Ashley Ingle, the Founder and CEO of Profit Matters, joins Adi Klevit in this episode of the Systems Simplified podcast to talk about managing cash flow in order to scale your business. Ashley also shares tips for running a virtual team, talks about the benefits of having well-documented processes and procedures, and discusses the lessons she learned from working in the construction industry.