
5 days ago
Master Cash Flow: Grow Your Practice & Retire Sooner with Host, Eric Miller and Guest, Sean Healy.
Are you ready to take back CONTROL of your finances, grow your practice, and retire sooner? In this episode of the Financial Peace Podcast, Eric Miller, author of *How to Become a Financial Beast* and co-owner of Econologics Financial Advisors, teams up with Sean Healy, founder of Accounted4, to uncover the EXACT strategies every healthcare practice owner needs to master cash flow, maximize the value of their practice, and fast-track their journey to financial freedom.
Mismanaging cash flow is the #1 threat to your financial future, but it doesn’t have to be. Learn how to navigate the gap between profit and cash flow, build personal wealth, and make your practice a powerful asset that funds your ideal life. From understanding the difference between profit, EBITDA, and cash flow to identifying hidden opportunities and constraints in your finances, this conversation is packed with actionable insights tailored for practice owners like YOU.
Start your Financial Beast training by focusing on what truly matters: becoming a confident, well-informed leader in your business. Whether you’re aiming to expand your business, achieve financial stability, or build long-term wealth, this episode is your roadmap to success.
Subscribe now and take the first step toward transforming your practice and your future!
This content is brought to you by Econologics Financial Advisors, LLC.
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#financialeducation #financialfreedom #practiceownerfinances #retirementplanning #automatingsavings
CHAPTERS:
00:00 - Intro
01:34 - Understanding Cash Flow Importance
04:32 - Profit vs Cash Flow Explained
10:03 - Cash Flow Projection Techniques
11:39 - Challenges in Restoring Solvency
17:25 - Emotional Impact of Cash Flow Issues
20:00 - Assessing Business Revenue Needs
22:09 - Identifying Major Business Expenses
25:17 - Capacity and Constraints Analysis
27:22 - Role and Responsibilities of a CFO
30:57 - Overview of Accounted For
36:13 - Contact Information for Eric
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Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.