The Four Types of Cash Flow and Why It Matters

IDA Episode 48, Sam explores the four types of cash flow work we can do as accountants, and why it's important to get clear on that for both us and for our clients. This is the next stage after the series of Episode 41-46, which was about putting some habits in around your efficiencies particularly around end of year work, so listen to that if you haven't yet. Sam covers the mindset shifts accountant need to make to take the next steps with cashflow advisory work with clients, what 2020 has taught us all about the need for cash flow and what hasn't changed in our changing world. Sam then outlines the four different types of cash flow work and why the 'outflow' work is so powerful for you and your clients, plus the difference between 'doing for' and 'doing with' and how it will give you better, stronger clients. Sam shares a practical exercise you can do to understand this in your firm and with your networks, as well as the way our training as accountants has created a disconnect with clients around cashflow (plus how to reconnect!). Finally, Sam touches on the golden opportunity JobKeeper has created and why we must encourage clients to take action on it sooner rather than later. Here at BlueprintHQ, we are here to help. We are super passionate about the accounting industry and supporting you with what you need. Connect with me sam@blueprinthq.com.au We are offering 20 minute reach out calls to help support you during this time. Go to blueprinthq.com.au This episode is brought to you by Blueprint Renovate Program, the program designed to create space in your firm to cultivate mindset change through what you do everyday. Visit blueprinthq.com.au/contact to start the conversation.