The 10 Cash Flow Rules You Can't Afford to Ignore

Written by Philip Campbell


Continued from page 1

The bank balance andrepparttar cash balance are two different animals. Rarely willrepparttar 104980 two ever berepparttar 104981 same. Don't makerepparttar 104982 mistake of confusing them.

It's futile (and frustrating) to attempt to manage your cash flow usingrepparttar 104983 bank balance. It's a prescription for failure. You reconcile your bank balance. You don't manage from it.

7. Know What You Expectrepparttar 104984 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 transformrepparttar 104985 way you manage your business.

This question really gets torepparttar 104986 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 atrepparttar 104987 number of businesses that fail becauserepparttar 104988 owner did not see a cash flow problem in time to do something about it.

The key is to always be able to answerrepparttar 104989 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 arerepparttar 104990 key to making wise and profitable business decisions. They give yourepparttar 104991 answer torepparttar 104992 all-important question from Rule # 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 Rules to free yourself from cash flow worries. That way you can focus all your time and talents where you can makerepparttar 104993 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.

Philip Campbell is a CPA, and the author of the book: "NEVER RUN OUT OF CASH, 2 Questions That Will Eliminate Your Cash Flow Worries". Do you have the cash flow of your business under control? Learn more about regaining control of the financial side of your business at http://www.growandsucceed.com.


Common Courtesy

Written by by Bob Osgoodby


Continued from page 1

If you try to answer allrepparttar questions people might have up front, two things happen. First, they are not going to send you an email which takes up your time to answer. Second, and more importantly, you are not giving them a chance to "cool off". They are inrepparttar 104979 mood to buy now, and if they have to wait for a few days to getrepparttar 104980 information they want, they may rethink their decision and not buy.

One ofrepparttar 104981 best ways is to have a FAQ (Frequently Asked Questions) page on your web site. Here you can list customer questions you received inrepparttar 104982 past, and your answers. If someone has a question,repparttar 104983 odds are others will as well, but are just not asking them - did I mention they are probably also not buying.

Do you have a guest book? If you capture nothing else, you should try to get their email address and first name. If they fill it out, have an auto-responder, which thanks them for their note. Then, add them to your mailing list. This is one ofrepparttar 104984 surest ways to keep in contact with them. People will sometimes buy months or even years later if you keep in touch.

Many people, while they are interested in your product or service, are simply not ready to buy. There are "tight" times ofrepparttar 104985 year whenrepparttar 104986 finances of some are limited. Buying new school outfits atrepparttar 104987 start ofrepparttar 104988 school year; recovering from an over generous holiday season; can all add to a cash shortage. Above all, you should be patient.

Like you want to be treated properly because it is your money you are spending, and you arerepparttar 104989 customer, haverepparttar 104990 same concern for your potential clients. It boils down to common courtesy, and if you want my business, remember - I'mrepparttar 104991 Customer.

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Did you know that subscribers to Bob Osgoodby's Free Ezinerepparttar 104992 "Tip ofrepparttar 104993 Day" get a Free Ad for their Business at his Web Site? Great Business and Computer Tips - Monday thru Friday. Instructions on how to place your ad are inrepparttar 104994 Newsletter. Subscribe at: http://adv-marketing.com/business/subscribe2.htm

Did you know that subscribers to Bob Osgoodby's Free Ezine the "Tip of the Day" get a Free Ad for their Business at his Web Site? Great Business and Computer Tips - Monday thru Friday. Instructions on how to place your ad are in the Newsletter. Subscribe at: http://adv-marketing.com/business/subscribe2.htm


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