Cash Is NOT King: What Tradies Need to Know - Trade, Construction and Service Based Business Ep 204

UpScale - Build your profitable Trade and Construction business · Apr 13, 2025 · 18m

Still taking cash payments? You might want to rethink that! In this episode of UpScale Business Coaching, Business Coaches Mitch & Kirk break down why relying on cash isn’t as great as it seems—and how it could be causing more headaches than it's worth.⁠⁠Get started now⁠⁠⁠⁠We’re covering:💰 How cash payments affect your taxes (and why the ATO is watching)📉 The hidden risks of running a cash-heavy business✅ Simple ways to keep your books clean & avoid ATO troubleIf you’re in trade or construction, understanding your cash flow the right way is key to staying compliant and making smart financial…