…just learning the importance of cashflow is king.

So we could see as our revenue was coming in and our expenses going out on a weekly basis what that looks like. And now we probably fortnightly or sometimes even weekly update those figures. So we have avoided the surprises we had earlier.

It’s far better to plan for the what if than be left with the if only.

And just to show the, I guess, the unfairness of the world, I guess this happened three times in this business where owners lost their lives and insurance was the funding mechanism to pay out.

There can be over 25,000 scenarios of insurance policies when you decide to add particular add-ons, or not.

If this struck a chord, the full conversation with Nick Hau goes deeper into cash flow, planning for the what if, and the real-world decisions business owners face when things do not go to plan.

The full episode is available at GoBeyondBusy.com, where Christine Abela speaks with business owners and advisors about what actually helps beyond the day-to-day noise.