BREAK-EVEN POINT: THE SECRET to SUCCESS
BREAK-EVEN POINT: THE SECRET to SUCCESS Business owners who do not know their break-even point will eventually find themselves asking, “I’m making sales, but why don’t I have any money?” How can this happen? The answer is simple – because you are probably not doing the math. Making sales is different than making a profit, and … Continued
Managing Cash Flow for Success
Did you know that profitable, growing businesses regularly go bankrupt? One main reason is cash flow mismanagement. The typical business owner is highly skilled at their craft and knowledgeable in their product or service; however, many times, they are not formally trained to run a business, and may not be familiar with the process of cash flow management. … Continued
Four Strategies for Managing Cash Flow
Four Strategies for Managing Cash flow Did you know that profitable, growing businesses regularly go bankrupt? One main reason is cash flow mismanagement. Many business owners are not trained for, nor understand cash flow management. Most are missing this vital skill they need to achieve long term success and stability. There are many ways to get good cash flow. Here are four … Continued
