Cash flow management is a common challenge for business owners. The unpredictable nature of delays in receivables, and unexpected expenses can create a stressful "feast or famine" cycle that keeps entrepreneurs up at night.

To break free from this cycle, you need to implement robust financial planning and monitoring systems. Engaging a fractional CFO can provide invaluable support in creating cash flow projections, setting budgets, and identifying opportunities for financial optimization. They can also help to determine the appropriate line of credit and cash reserves needed to weather any downturns.

Additionally, one should focus on diversifying the client base to minimize risk and ensure a more consistent flow of work. Implementing stricter payment terms and deposit requirements can also help stabilize cash flow. By taking proactive measures to manage finances, you can reduce stress and build a more sustainable business.