Thomas Joyner
Director of Coaching | Business Coach | Business on Purpose
Presenter bio
Thomas is the Director of Coaching at My Business on Purpose. He has been in organizational leadership for the past 15 years with the past 3 of those fully focused on small business coaching. He has a degree in Marketing from Clemson University and wakes up every morning excited to liberate business owners from chaos. His most recent expertise and focus have been centered on helping family-owned businesses build the necessary systems and processes to create a succession plan for their kids.
Thomas is a regular contributor to the Business on Purpose Podcast, where he shares real-life stories of transformation and encourages all listeners to work ON their business, not just IN. His client success stories span a wide variety of industries, but his niche is the contractor and trade spaces.
When not liberating business owners from chaos, he can be found wrestling his 3 kids or navigating the open ocean on a boat or surfboard.
Stop the Bleeding: 5 No-Cost Moves to Instantly Boost Your Cash Flow
Think cash flow only comes with more sales or more stress? Think again. In this no-fluff, high-impact session, we'll walk you through five powerful strategies to increase your cash flow without spending a single extra dollar. These are field-tested, proven tactics used by successful contractors across the country-and they're just waiting for you to implement. Get ready to plug the leaks, find the hidden money, and gain the clarity your business (and life) need.
Structure of the Talk:
1. Plug the Profit Leaks (Process Fixes)
Message: More sales won't fix bad systems.
Strategy: Identify and fix broken estimating, job costing, and contract practices.
Zero Cost Win: Implement a simple pricing and job costing system using existing tools like spreadsheets or free templates.
2. Subdivide Bank Accounts (Profit First Light)
Message: You don't have as much money as you think.
Strategy: Break one big account into multiple purposeful accounts (e.g., taxes, operating, profit).
Zero Cost Win: Just ask your current bank to open a few new accounts-it costs nothing.
3. Cancel the Cash Vampires (Unseen Recurring Expenses)
Message: Small leaks sink big ships.
Strategy: Audit and eliminate or renegotiate subscriptions, software licenses, and services.
Zero Cost Win: Use your existing bookkeeping reports to spot the leaks-then cancel or consolidate.
4. Weekly Cash Balance Tracking
Message: What gets tracked gets managed.
Strategy: Start tracking weekly balances and rolling averages manually.
Zero Cost Win: Use a free Google Sheet and review it for 10 minutes every Friday.
5. Implement a Project Start Sheet
Message: Plan your cash flow, don't guess it.
Strategy: Forecast incoming revenue by job, by week or month.
Zero Cost Win: Map it on a simple spreadsheet-you already have the data.