cashflow
The B word
With the tax season in our midst, you are probably reviewing just how much money you made last year and coming to grips with where that money went. Did you make more than you expected? Or did you spend more than you had planned?Read More >>
Personal money = Business money
Consider for a minute how your personal money is connected to your business money. You may be an owner and your credit score is now hurting a business opportunity; you may be a valued employee and your lack of savings is not allowing you to step into the role of an owner; or you may be a married owner who’s spouse is wondering when the pay-off is going to happen.Read More >>
Marry your budget and plan
Successful and healthy businesses have both budgets and business plans. Just like healthy bodies exercise and eat right. In order for either of them to work well, they need each other.
A plan without a budget can create a huge monster of a money burden when there are no monetary constraints. Sure you can plan to double your staff, office space, and equipment but applying a budget will make it clear if your plan is possible this year.
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