31: Understanding Your Business Financial Story with Alan Miltz

The Kevin Shee Show

Alan Miltz is the founder of Cash Flow Story and an expert in cash flow management for business. He is a Chartered Accountant from South Africa, currently living in Melbourne Australia, and a former shoe designer for Esprit. Alan has a history of advising many companies in the clothing and textile sector.

Cash Flow Story is an accounting firm designed for financial and non-financial people to understand their numbers by getting into the shoes of the company CEOs and explaining the numbers in a storytelling way.

In this episode, Kevin and Alan discuss understanding your business financial story and the different levers that will support growth.

Links :

• Alan Miltz Website
• Cash Flow Story Website

Show Notes:

• 5:02 - Common misunderstanding of Business Owners
• 7:16 - "Our real passion is helping business love the numbers" -Alan Miltz
• 7:33 - Cash Flow Story and how it can help ordinary business owners
• 8:37 - The Four Chapters of your business financial story
• 10:01 - When is your business ready to hire a CFO?
• 10:29 - "If you don't know your story, you'll be making decisions that could have a negative impact on your business" - Alan Miltz
• 10:46 - 7 things a company can do to improve their cash and their profit
• 14:03 - Should a company borrow or take on investors in order to grow?
• 15:40 - Pricing vs. Cost-cutting, which is more important?
• 15:55 - "Price is a gift that never stops giving" -Alan Miltz
• 16:55 - Managing the cost of growth in your business
• 18:20 - Advice for business owners during Covid