Michael BurdetteHow to Grow Your Business To, And Catapult Past $5,000,000/year, the 'Cash Flow Positive Way...'
If it hasn’t hit you already, you have, more than likely, seen it coming!
Your revenue is growing, cash flow is getting tighter and, if you’re not haemorrhaging cash already, the prospect is really starting to worry you. Cash Flow Management is becoming a more pressing issue every day.
You’ve asked your accountant for help, but your books are structured to submit your tax return, not help you with cash flow management and running your business. When you try to look at your financials for a glimmer of hope, all you see is a mass of numbers and an overwhelming task to take your business to the next level…
Would you be pleased to know it is possible, at last, to sort out your cash flow management and turn your business around without the $60,000 to $100,000 price tag to bring in a consultant?
Does your Profit and Loss (P/L) statement show a profit but you don’t see it in your bank account? Or worse, you have large debts that are getting larger and the banks are starting to get upset with you?
Like most business people, you most likely have a lot on the line. Not just your business or job but your livelihood and maybe your house as well… selling the kids may even be starting to look like an attractive option!
The bottom line is there are three things you need to succeed in business – profit, cash flow and growth. No matter what you do, or where you look, or whether you want to hang upside down like a baboon, these three things are what a business is all about. Everything you do needs to achieve these three outcomes.
If you are in business and you don’t want to improve your profit all the time, even just a little, you’ve got to ask yourself “What am I doing in business?”
The problem is, a lot of people do the “growth” thing because they are sales orientated, at the expense of profit, so their cash flow falls into a heap – and they don’t understand why!
One of our client’s businesses grew 400% in one year with massive cash flow problems. They had much more sales and profit, or did they? What was their profit as a percentage of sales? They didn’t really know except in dollar terms. What were their debtor days? How long did it take them to pay? What were their stock turns? The problem was they knew nothing about their business when it came to cash flow management. It was all too daunting and complicated. Do you feel the same?
There are many issues that need to be solved for better cash flow management. The systems, tools and knowledge you will have access to will give you the real story behind your cash flow problems.
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Read 'Contemplate Your Business Navel Now to find out what you have to do next for your business. |