Clarity in business has to do with three things – the past, the present, and the future. Where we’ve been, where we find ourselves today, and where we are going – our final destination. Like a three-legged stool, removing any one of these elements would damage our ability to see the whole picture of our [...]
Tags: Business, cash flow, financial, Management
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In order to stay in business, it’s important to have the fundamentals right. A very basic fundamental is managing the cash flow of the business. Cash is literally the life blood of a business. If a business isn’t adequately capitalized, it won’t survive.
Many businesses are founded “on a shoestring”. They grow by reinvesting the earnings [...]
Tags: Business, cash flow, on a shoestring
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