What Are Four Pieces of Advice Every Business Owner Must Follow? | 908

On this episode of The Inside BS Show, Dave Lorenzo and Nicki G deliver essential advice for small business owners and entrepreneurs who want to build strong, sustainable businesses.

What You’ll Discover Today:
  1. Why Cash Flow is King – Dave shares how demanding payment in advance transformed a failing hotel into the top performer in its category. Learn why rich people get paid first and how you can adopt this practice in your own business.
  2. The Power of Tight Books – Nicki G explains why hiring a good accountant early saves you headaches later and positions your business for growth, financing, and stability.
  3. Know Your Client Better Than They Know Themselves – Dave discusses why you can’t outsource customer research, how to get inside your client’s head, and why solving their problems matters more than focusing on their pain.
  4. Why Standard Operating Procedures Save Your Business – Nicki G highlights the dangers of over-relying on one person or system without oversight, and why every owner must understand their SOPs.
Key Topics Discussed:
  • Cash flow strategies that separate thriving businesses from those that struggle
  • The role of accounting in securing financing and scaling successfully
  • Practical sales psychology to connect with and retain customers
  • Protecting your business by mastering systems and procedures
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