6. Don't Manage From Bank Balance.

The bank balance and cash balance are two different animals. Rarely will two ever be same. Don't make mistake of confusing them.

It's futile (and frustrating) to attempt to manage your cash flow using bank balance. It's a prescription for failure. You reconcile your bank balance. You don't manage from it.

7. Know What You Expect Cash Balance to be Six Months From Now.

What do you expect your cash balance to be six months from now? This one question will transform way you manage your business.

This question really gets to heart of whether you are managing your business or whether your business is managing you.

8. Cash Flow Problems Don't "Just Happen".

You would be shocked and amazed at number of businesses that fail because owner did not see a cash flow problem in time to do something about it.

The key is to always be able to answer question - what do I expect my cash balance to be six months from now?

9. You Absolutely, Positively Must Have Cash Flow Projections.

Cash flow projections are key to making wise and profitable business decisions. They give you answer to all-important question from Law # 7.

It's impossible to run your business properly without them.

10. Eliminate Your Cash Flow Worries So You Are Free to Do What You Do Best - Take Care of Customers and Make More Money.

Use these 10 Laws to free yourself from cash flow worries. That way you can focus all your time and talents where you can make most difference in your business.

No more wasted time worrying about what's going on with your cash flow. Instead, you can focus your unique talents and abilities each day on ways to grow your business and make more and more money each year.

And that's a recipe for success and wealth creation.

STOP Doing dishes.

Allow dishes to stack up for a full week.

Save yourself time and trouble of cleaning up after meals. After you enjoy a good meal, put dishes in sink or on counter and get on to other things you have to do. Move on to other important things around house.

Just think how much free time you will create for yourself.

Life is good, right?

Well, maybe not. After first day or so, a couple thoughts start to run through your head. "I'm still going to have to do dishes. When I do, there is going to be a huge stack and it's going to take a long time. After a week, they are also going to be smelly and have old and hardened food all over them."

You would be embarrassed when friends come over and see a dirty pile of dishes stacked up in your kitchen. Then after a week, isn't it a much, much harder chore?

Stop and ask yourself this question - do most people do dishes every day because they just love doing dishes?

Of course not. They do them each day because it's one of those chores that is best done in bite-sized chunks.

TAKE CONTROL OF YOUR CASH FLOW

Doing dishes every day is practice of doing today's work today. You do it because alternative approach is a really bad idea.

You need to put this same approach to work in your business.

Specifically, make sure your financial records are kept current each day. This will ensure you have an accurate cash balance.

Make commitment NOW to take control of your cash balance. You owe it to yourself and to your business.

Remember, Cash Is King, because No Cash = No Business.