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Casual Articles - How To Avoid Being Eaten Alive By Your Bad Cash Flow
Gone are the age old days when women wasted their lives getting all dressed up and men by languishing in battlefields. Today men are equally fond of dressing well and looking good and this trend is reflective in the upshot that the men’s wear market in UK has shown.As soon as you enter men’s clothing shops in UK, you realize that its men’s suits that form the backbone of any man’s wardrobe that is worth a mention. If there is anything that can be cons
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
What I learned About Soda Vending Machines
Soda vending machines come in all shapes and sizes but the most common style are the stand-alone full sized machines.Soda vending machines have lots of capacity. Even my old one that I paid too much for had a capacity of over 500 cans with 7 total selections. That's a lot of soda which also means that it could be possible that you don't have to visit a location too often if you are looking to vending as a part-time business.The large capacity of these
But in today’s business jungles, entrepreneurs have something much more ferocious to cope with – Cash Flow!
Business picks up – you are working your backside off to get ahead, money is coming in, you rejoice and continue working your butt off.
And at some point, you just have to get bigger premises, get a car that is just a little smarter – to impress the mother-in-law – and of course you need to get staff to help out.
One day, out of the blue, you have a look at your bank statement – and you ask yourself, “Where is all the money?”
My business has grown, I employ staff, I have vehicles, it is apparently going well…
As you watch your would-be empire starting to trip over itself.
And you get that sick feeling in the pit of your stomach.
The same feeling your ancestors had as they were being dragged underwater by a crocodile…
Because cash flow is your life blood.
Take your eye off that ball and you stand a very good chance of getting yourself killed.
Guaranteed.
So how do you avoid this unnecessary – and almost unnoticed – killing?
The same way your ancestors kept out of the clutches of crocodiles - KEEP YOUR EYE ON THE CROCODILE – All The Time!
Unless an expense actually contributes towards generating money – then CUT it!
Unless you can actually measure the contribution – then it probably is NOT contributing.
Get rid of it.
Immediately.
If your staff do not cover their own wages – sorry to say, but this is a matter of life and death – You have to do what you have to do!
Could you not do with smaller premises for a while?
Do you actually need to spend money on your accountant (careful – this depends on your size!).
Perhaps you could get the Inland Revenue/ Tax people to help you do your tax if you are small enough and save money on an accountant.
Think.
Question.
Who says you HAVE to spend this money?
Have a serious look at how you spend your advertising money.
If you are unable to measure EXACTLY how much business each method of advertising generates – then how do you know it is worth it?
Measure it – and if it does not pay for itself many times over – then stop it.
If you tell me that word of mouth is your best form of getting new customers, then my question to you is
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
The marketing paradigm that can literally make or break your coaching business…What’s the single most important process determining whether or not your coaching business is successful?The correct answer to this question can completely change your coaching business forever. It can change your perception of your business. It can change your focus in your business. It can change how you go about operating your business. And most importantly, it can deter
My business has grown, I employ staff, I have vehicles, it is apparently going well…
As you watch your would-be empire starting to trip over itself.
And you get that sick feeling in the pit of your stomach.
The same feeling your ancestors had as they were being dragged underwater by a crocodile…
Because cash flow is your life blood.
Take your eye off that ball and you stand a very good chance of getting yourself killed.
Guaranteed.
So how do you avoid this unnecessary – and almost unnoticed – killing?
The same way your ancestors kept out of the clutches of crocodiles - KEEP YOUR EYE ON THE CROCODILE – All The Time!
Unless an expense actually contributes towards generating money – then CUT it!
Unless you can actually measure the contribution – then it probably is NOT contributing.
Get rid of it.
Immediately.
If your staff do not cover their own wages – sorry to say, but this is a matter of life and death – You have to do what you have to do!
Could you not do with smaller premises for a while?
Do you actually need to spend money on your accountant (careful – this depends on your size!).
Perhaps you could get the Inland Revenue/ Tax people to help you do your tax if you are small enough and save money on an accountant.
Think.
Question.
Who says you HAVE to spend this money?
Have a serious look at how you spend your advertising money.
If you are unable to measure EXACTLY how much business each method of advertising generates – then how do you know it is worth it?
Measure it – and if it does not pay for itself many times over – then stop it.
If you tell me that word of mouth is your best form of getting new customers, then my question to you is
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
Industrial Adhesives-A History of Industrial Adhesives
An industrial adhesive is defined as anything that is used in a fastening or bonding application in any manufacturing industry. There are several different types of adhesive that are used regularly – epoxies, hot melt, sealants, acrylics, thermostat and silicon adhesives. And something many of us are familiar with - cement and mortar are also considered to be industrial adhesives.Different industrial adhesive types have different properties or features and c killing?
The same way your ancestors kept out of the clutches of crocodiles - KEEP YOUR EYE ON THE CROCODILE – All The Time!
Unless an expense actually contributes towards generating money – then CUT it!
Unless you can actually measure the contribution – then it probably is NOT contributing.
Get rid of it.
Immediately.
If your staff do not cover their own wages – sorry to say, but this is a matter of life and death – You have to do what you have to do!
Could you not do with smaller premises for a while?
Do you actually need to spend money on your accountant (careful – this depends on your size!).
Perhaps you could get the Inland Revenue/ Tax people to help you do your tax if you are small enough and save money on an accountant.
Think.
Question.
Who says you HAVE to spend this money?
Have a serious look at how you spend your advertising money.
If you are unable to measure EXACTLY how much business each method of advertising generates – then how do you know it is worth it?
Measure it – and if it does not pay for itself many times over – then stop it.
If you tell me that word of mouth is your best form of getting new customers, then my question to you is
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
MBA Basics
The MBA is perhaps the most coveted course in today’s world. This course tops the list of courses almost in all the developed and developing countries across the globe. The enthusiasm for the course has brought in many small private institutes etc. to offer this course. However, only those students who have obtained the MBA degree from some recognized eminent university find the best of placements. So the institute or the university is the first factor for a succeseful – this depends on your size!).
Perhaps you could get the Inland Revenue/ Tax people to help you do your tax if you are small enough and save money on an accountant.
Think.
Question.
Who says you HAVE to spend this money?
Have a serious look at how you spend your advertising money.
If you are unable to measure EXACTLY how much business each method of advertising generates – then how do you know it is worth it?
Measure it – and if it does not pay for itself many times over – then stop it.
If you tell me that word of mouth is your best form of getting new customers, then my question to you is
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
Are You Too Busy To Make More Money?
My husband's car has had a few mechanical problems this year. It's a few years old and is at that stage where little things need replacing. In fact we found it's got to the point where he needs to buy a new one.Anyhow it reminded me of what happened earlier in the year when it was taken to our local mechanic for another repair job . At the time of pick up, Robert the mechanic said he hadn't prepared the bill and will do so later and let us know how much iy question to you is
– How Much Do You Spend On Word Of Mouth?
If you say “Nothing” – Isn’t there something wrong with this picture?
If that is your most effective method, could you not figure out some way of promoting/ rewarding word of mouth with the money you spend on ineffective advertising methods?
One side of the coin is to stop throwing unnecessary money down the drain.
The other side of this coin is to generate enough new business so that much more money starts flowing in.
And that again comes back to effective marketing methods that pay for themselves.
How to Avoid the Slow Death By Cash Flow?
Don’t ever lose sight of that monster.
Be awake and alert all the time – cut away anything which does not actually measurably pay for itself.
And beware the… “I couldn’t possibly get rid of this” – it is far better to be alive with a small office than dead with no office!
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