In this episode, host Jay Allen from My True North dives deep into one of the biggest hurdles for businesses hovering in the six-figure range: managing money and cash flow as you push toward that elusive seven-figure milestone.Jay unpacks the hidden dangers of “growing broke” versus simply “going broke,” revealing how rapid expansion can put your business at risk if cash flow isn’t managed with foresight and discipline. Drawing on years of research and real-life cautionary tales, including his own personal business setbacks, Jay breaks down practical strategies for building cash reserves, forecasting cash flow, and negotiating payment terms—especially when dealing with large corporate clients.This episode is packed with actionable advice to help you avoid the most common financial pitfalls and confidently scale your business to new heights. If you’re ready to take control of your company’s financial health and ensure it thrives through every stage of growth, you won’t want to miss this conversation.3 Key Takeaways for Growth-Minded Business Owners:Distinguish "Going Broke" vs. "Growing Broke": It’s not only a lack of money that kills businesses, but sometimes, fast growth with poor cashflow planning. Scaling too quickly without reserves can be just as dangerous as not making enough sales.Cashflow Forecasting is Critical: Don’t just rely on historical data or your profit and loss statement. Proactively manage when money is due in and out with comprehensive cashflow forecasting. It’s a game-changer for making confident business decisions.Negotiate Better Payment Terms: If long payment cycles are standard in your industry, don’t just accept the risk. Renegotiate terms, consider offering early payment discounts, or align with initiatives like the Fair Pay to Small Business scheme. It’s YOUR business—set terms that protect your growth.If you haven’t yet, think about embedding a cashflow forecast into your business toolkit—Jay shares a ready-made calculator and actionable advice in this episode.Unlock the secrets to sustainable business growth in Episode 82 of the #Add A Zero Podcast! Join host Jay Allen from My True North as he dives deep into the three biggest money and cash flow challenges faced by ambitious six-figure businesses aiming for that elusive seven-figure milestone. Discover practical strategies to avoid the dangers of "growing broke," manage your cash flow like a pro, and build the financial foundations to scale your business with confidence. Whether you’re an owner with a small team or an entrepreneur hungry to break into the next tier, this episode is packed with real-world advice, actionable tips, and proven tools to help you master your finances and transform your business journey. Subscribe now and start scaling smarter with the UK’s leading ethical business consultancy!#BusinessGrowth #CashFlow #EntrepreneurTips #SmallBusiness #MyTrueNorth #ADDAZEROFull Episode on Wednesday at 12pm