Relay
    CustomersPricing
Log inRequest a DemoSign Up
Relay
Log inSign Up
BlogCash Flow & Money Management
July 11, 2023•2 minute read

Keep More Profit Without Doing More Deals

Cover Image for Keep More Profit Without Doing More Deals
Matas Pranckevicius Headshot
Matas Pranckevicius Headshot
Matas Pranckevicius

Content Manager at Relay

Share this Article

Almost every business owner, at some point, feels like this:

“I’d rather hit a nail with my head than look at my finances...” “I hate talking with financial people—I want to do deals...” “I do a ton of sales but feel broke...” “I feel like I'm on the cash rollercoaster...” 

These are direct quotes from businesses in a cycle of check-to-check survival. You frantically chase sales → survive another month → see expenses increase → repeat...

But there’s a way to create clarity, confidence, and sustainable profitability in almost every business. Which is why on July 20th, at 2:30 p.m. ET, we’re joined by David Richter, Founder of Simple CFO Solutions and Author of Profit First for Real Estate Investing, for an overview of how to keep more profits without doing more deals.

Note: this webinar has already aired. You can now watch the on-demand recording!

David Richter - How to Keep More Profit - Header Image - Relay

An active investor who has scaled a real estate business from 5 deals/month to 25+ deals/month, David will guide us through effective and sustainable cash management strategies in this upcoming webinar.

In the webinar:

  • 💡 A transformational case study of how David’s client went from being in the

    negative to building enough reserves to fund a charitable cause

  • 🌀 The 3 biggest mistakes that keep business owners (and real estate investors especially) living deal to deal

  • 😊 How to achieve financial peace and freedom in your business 

  • 📖 A draw to win a copy of David’s book: Profit First for Real Estate Investing

  • ⚡️ Demo of how David would set up and use Relay for Profit First

  • 🙋 Your questions answered in a live Q&A

About David Richter

David Richter is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. He is the Founder of Simple CFO Solutions, where David helps businesses turn around from living check-to-check to building healthy cash reserves. David is also the author of Profit First for Real Estate Investing. He's on a mission to transform how real estate investors view their finances and bring them true financial clarity and freedom.

About How to Cash Flow

How to Cash Flow is a webinar series by Relay and Profit First Professionals. In each webinar, we equip you with the knowledge, tools, and support needed to get cash flow clarity and run sustainable, profitable businesses.

Related Articles

Cover Image for HVAC Business Loans: Financing Options for Contractors
Home Services
HVAC Business Loans: Financing Options for Contractors
By: Relay Editorial Team
Cover Image for HVAC Estimating Software: How to Quote Jobs Faster and More Accurately
Home Services
HVAC Estimating Software: How to Quote Jobs Faster and More Accurately
By: Relay Editorial Team

logo
What is Relay
  • Business checking
  • Business savings
  • Profit First banking
  • Accounts payable
  • Expense management
  • Invoices
  • Payment Requests
  • Pricing
  • Integrations
  • Xero
  • QuickBooks Online
  • Gusto
  • Plaid & Yodlee
Accountants & Bookkeepers
  • Client banking
  • Partner program
  • Get certified
  • Guides
  • Accounts payable
  • Data security
  • Growth playbook
  • Becoming a cash flow advisor
Resources
  • Everyday business blog
  • Advisor directory
  • Advisor hub
  • FAQs
  • Bi-weekly webinar
  • Support center
  • Banking for real estate investors
  • Banking for e-commerce
  • Banking for home services
  • Banking for agencies
  • Switch to Relay
  • Cash Flow Compass
Company
  • About us
  • Customer stories
  • Careers
  • Affiliate program
  • Contact us
  • Why Relay
  • Trust Center
  • Safety & Security
Legal
  • Terms of Service
  • Privacy Policy
  • Deposit Agreement
  • Savings Account Agreement
  • Cardholder Agreement
  • Electronic Communications Agreement
  • Relay Visa® Credit Card Cardholder Agreement
  • Visa® Signature Card Rewards Program Terms & Conditions

Relay Financial Technologies, Inc. © 2026

Download mobile app from Apple app storeDownload mobile app from Google Play store

Relay is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. FDIC insurance available for funds on deposit through Thread Bank, Member FDIC. Certain conditions must be satisfied for pass-through FDIC insurance to apply.2

1. For Relay Subscription Plans with an interest-bearing deposit account, the interest rate and Annual Percentage Yield on your account are accurate as of 5/1/2026 and are variable and subject to change based on the target range of the Federal Funds rate. Fees may reduce earnings:

  • When you are subscribed to the Starter Plan, the interest rate on your savings accounts is 1.10% with an APY of 1.11%.
  • When you are subscribed to the Grow Plan, the interest rate on your savings accounts is 1.74% with an APY of 1.75%.
  • When you are subscribed to the Scale Plan, the interest rate on your savings accounts is 2.96% with an APY of 3.00%.

2. Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

3. The Relay Visa® Debit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted.

4. The Relay Visa® Credit Card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc and may be used anywhere Visa credit cards are accepted.

*Terms and conditions apply to the cash back rewards program. Monthly cash back rewards will be automatically deposited into your Relay checking account within 30 days of the end of the credit card billing cycle. ATM transactions, the purchase of money orders or cash equivalents made with your Relay Visa® Credit Card4 are not eligible for cash back. Please refer to the Visa® Signature Rewards Program Terms & Conditions for more details.

**Relay is not affiliated with SoFi, or OnDeck, and Relay's privacy and security policies may differ from SoFi's, and OnDeck's, privacy and security policies. Relay will be paid a fee from SoFi, and OnDeck if you obtain a product through either of these links. All rates, terms, and conditions vary by provider. Approval for a loan is not guaranteed.

5. International payment services are provided by Community Federal Savings Bank (“CFSB”), a federal savings bank chartered in the United States. These services are facilitated by Nium, Inc., which operates under a program sponsored by CFSB. Relay provides access to these payment services through its platform.

6. All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.