Struggling with cash flow in your business—even though you're making sales? In Episode 33 of Getting to the Bottom Line, host Stephanie Smith is joined by co-owner and guest Kris Smith to break down the 6 essential cash flow drivers every business owner needs to monitor to stay profitable and sustainable.

Whether you're sending invoices, managing inventory, buying assets, or figuring out when to pay bills, this episode dives into how to strategically manage your cash so you're not constantly scrambling to make ends meet. With practical insights and real-life examples, Stephanie and Kris cover:

• How to reduce Days Sales Outstanding (DSO) and get paid faster
• Managing Days Inventory Outstanding (DIO) to avoid tying up cash
• Smart asset purchases and sales to boost liquidity
• How to time your vendor payments for maximum cash control
• Strategic use of debt and aligning payment schedules
• Balancing owner distributions and contributions to avoid cash strain

If you're ready to take control of your business finances and keep more of what you earn, this episode is packed with CFO-level advice delivered in a clear, non-jargony style.

👉 Subscribe for more weekly episodes focused on real-world financial strategy for entrepreneurs.

We want to hear from you! Send us a message.

---

My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners walk the one clear path to generating more cash in their business. To learn more, visit us online at https://newlightfs.com/

Sign up for our newsletter for more great tips on how to keep the cash flowing in your business: https://newlightfs.com/newsletter/

Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/rightfit

Welcome to Getting to the Bottom Line, where I’m your host Stephanie Smith (New Light Financial Solutions). In this episode, I sit down with Stacey Szynkowski of S Squared Ledger to dig deep into one of the foundational pillars of any scaling business: bookkeeping and payroll.

If you’ve ever felt uneasy looking at your profit & loss, questioned whether your revenue really supports growth, or wondered whether AI can “just handle” your finances — this conversation is for you. Stacey and I talk about:

• Common bookkeeping mistakes that sabotage clarity
• Why clean books are essential for hiring, investing, and decision making
• The limits of AI in financial management
• The cost savings you unlock when your books are organized
• When you should bring in a bookkeeper (or upgrade your current one)
• How she helps her clients with both bookkeeping and payroll systems

By the end of this episode, you’ll see why bookkeeping is not just about being “up to date” — it’s a strategic advantage.

Tune in if you want to move from “I hope my books are okay” to “I know exactly where my money is going.”

🔗 Connect with Stacey on LinkedIn: https://www.linkedin.com/in/ssquaredledger/

We want to hear from you! Send us a message.

---

My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners walk the one clear path to generating more cash in their business. To learn more, visit us online at https://newlightfs.com/

Sign up for our newsletter for more great tips on how to keep the cash flowing in your business: https://newlightfs.com/newsletter/

Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/rightfit

In this solo episode of Getting to the Bottom Line, host Stephanie Smith, founder of New Light Financial Solutions, dives deep into a problem many high-earning entrepreneurs face: “Why don’t I have more profit even though I’m making sales?”

Stephanie breaks down the 5 key profit drivers—Cost of Goods Sold, Payroll, Marketing, Operating Expenses, and Other Income/Expenses—and reveals how each one can either make or break your bottom line. From actionable vendor negotiation tips to understanding your margins, Stephanie arms you with the insights you need to stop guessing and start optimizing.

Whether you're overwhelmed by your P&L or just looking to find a few extra percentage points of profit, this episode will help you Think Like a CFO and make smarter business decisions starting today.

Grab Stephanie’s free Think Like a CFO worksheet linked in the description to start mapping your profit strategy right now.
👉 https://newlightfs.com/cfoworksheet/

We want to hear from you! Send us a message.

---

My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners walk the one clear path to generating more cash in their business. To learn more, visit us online at https://newlightfs.com/

Sign up for our newsletter for more great tips on how to keep the cash flowing in your business: https://newlightfs.com/newsletter/

Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/rightfit