12 Habits to Create a Healthy Cashflow
Every business operates on cash flow. A business with a healthy cash flow is much more enjoyable to run, as well as increases the value of the business and reduces the stress of managing the business.
Every business operates on cash flow. A business with a healthy cash flow is much more enjoyable to run, as well as increases the value of the business and reduces the stress of managing the business.
Every so often I wake up and wonder how I have gotten to where I am. In my early thirties life hit me hard. I was 10 years in a painful marriage, overwhelmed being a mom to two active toddlers, and my career was in flux.
Recently I was in a business meeting and someone was asked what was his aha moment? He stated that he identified a limited belief he was holding on to.
I clean when I get frustrated and my life feels out of my control. It’s a coping mechanism with benefits. However, this spring I have a different purpose to my cleaning.
For most business we have just closed a year and started on a new one. Now that the books are closed and the financial records will be as accurate as they can be, it is a great time to evaluate your progress.
In mid-March I get to raise havoc with my grandson, Easton. I am visiting him in Phoenix. He is turning 2. I will get to experience a bit of the warmth & sunshine. In addition, my value is rising in the eyes of his father.
Now that you have closed your books for the year it is a great time to take a deep dive into your financial results. Your statements can provide clues as to what is working and what isn’t.
For a very special birthday I got to have breakfast in the African bush watching a family of elephants browse on trees nearby. These were full grown African elephants, thick wrinkly skin, very gentle when not irked.
As a business owner it is easy to get caught up in the business. Customers are calling, emails seem to be endless, you are looking for the next sale, trying to get the last sale out the door, etc.
On New Year’s Eve my son, John, got married to Alicia. It was a beautiful evening for a magical wedding. It was held in Peoria, Arizona at the bride’s brother’s house.