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Ep. 19: Create Your Fortress Balance Sheet

In this week's episode, Wes and Brooks discuss the importance of managing your balance sheet.
Think of your family business as a "fortress" that needs to have enough defenses to withstand unforeseeable costs and unfavorable market conditions.

 

Learn all about it here on Builder Funnel Radio.

 
  • 2:23 Introduction
  • 8:05 What is a Fortress Balance Sheet? 
  • 12:30 Steps to build up your assets
  • 20:22 How to recover from negative cash flow
  • 25:38 Managing lines of credit
  • 27:25 Lending relationships
  • 30:55 Decreasing reliance on loans
  • 34:22 Debt-capital ratio
  • 39:19 How much capital should you build up?
  • 43:17 Key highlights

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