Cash is King...
Sue Gallagher
Build a Business That Works so YOU don’t have to: Master the 5 Levels of Ownership, the 9-Step P.R.O.F.I.T. Roadmap, and the 3 Pillars of Success. I'm here to guide and support YOU every step of the way...
Cash is King…
Always has been always will be…
In my last newsletter, I spoke about?#profit?if you missed it here’s the link…?
Every business HAS to make a profit…
No profit = no business = no jobs it’s that simple…
However, I’ve seen all too often profitable businesses go out of business due to no?#cash…
A key thing to remember in business is YOU’RE NOT A BANK… unless of course you really are a bank?
As a provider of products and or services, it’s up to you to set your terms of business…
You don’t have to jump through hoops…
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Nor should you…
You’ve provided an excellent service and deserved to be paid in accordance with your terms…
You can’t go into a supermarket and pay for your loaf of bread and pint of milk whenever you feel like it can you?
Unfortunately in my 14+ years as a business coach, I’ve spoken to too many people just that bit too late to help them avoid having to layoff their team and close their doors?
All of my clients have a?#cashflowforecast?a simple document that shows them what is due to go out of their bank account and what is due to come in. It’s a really simple tool and once it’s set up it’s easy to keep your eye on. Resulting in no nasty shocks when you log on to your account?
If you’d like a copy let me know in the comments and I’ll pop it over to you…
I could talk to you all day about?#cash?but instead, I’m going to offer you the opportunity to visit our YouTube Channel where there are nearly 200 videos all of which will give you proven tips and strategies that will support you on your business journey…
If?#cash?is a concern for your right now I’d suggest you check out the ‘Take Control of Your Cashflow’ playlist and ‘Understanding Your Numbers’ playlist, there’s even a video dedicated to?#cashflow?forecasting…
Happy viewing…