Cash flow is how much money that you bring in to the facility in all of your different revenue streams. Every single day I look at how much we brought in and are we on track to hit our weekly and monthly goals. If you are behind, you better figure out a way to take action on one of your plans that are in the works that could bring in additional revenue.
This is money that is guaranteed to come in the future from your current clients. This is not a guess...This is a fact and can not be based on if Mrs. Jones pays...These MUST be contracts and guaranteed revenue.
An example of this is EFT (Electronic Funds Transfer) for membership dues. We sign everyone up to a 6-month or 1-year membership and guarantees us income every single month.
Figuring out your Daily Numbers are easy...First you have to figure out what you want to make each month. Once you have that numbers, divide it by the number of days in the month and than GO GET THAT NUMBER and don't stop until you get it.