Home Business Solutions - 60 Minute Money

Written by Sharon Benson

You would be working from your home around your existing schedule. You would earn an income commensurate with what you produce and not what a traditional corporate structure, politics or your educational background dictates.

The advantages to this system are numerous:

·You eliminaterepparttar cost and time waste associated with commuting. ·You spend more time with your family. ·Your income is not limited. ·You work fewer hours for more money. ·You don’t answer to a boss in a traditional corporate structure, but only answer to yourself. If you don’t feel like working, you don’t have to. If you want to earn more, you can by simply putting in more time and effort. You are master of your own destiny.

Keep The Cash Flowing

Written by ab@digital-e.biz

*Article Use Guidelines*

This copyrighted article is free for you to use as content in opt-in publications, or on your Web site. When you use it in opt- in publications, or on a Web site, please includerepparttar resource box.

However, please do not charge for it. Please DO NOT include it in CD compilations, paid-subscription sites or in publications for which you charge.


Summary: Without a steady cash flow, your business dies. Here's how to keeprepparttar 117286 cash flowing when it's not.

Category: Small Business

Words: 650

Keep The Cash Flowing

Copyright © 2003 by Angela Booth


Without a steady cash flow, your business dies. This means that you need to be focused on your cash flow situation at all times: you need to know how much cash you have and how much is coming in. If you can see that you're likely to have problems,repparttar 117287 time to take action is --- NOW.

This constant awareness of your finances is especially vital for creatives. Writers, artists and designers are in a unique situation. Not only are we creators, we're also marketers and salespeople. Combining these functions is so difficult that at times it feels as if it’s impossible. However, it can be done.

Whether you're starting your own business, or have been in business for a while, here are some ways to keeprepparttar 117288 cash flowing when business is slow ---

=> Start your business with six months' worth of expenses

If you're going fulltime in your own business, you need a cushion. It's best to have at least six months' worth of expense money to keep you going. Then, when you've been in business for a year, always keep at least three months' worth of expense money in your account. Do whatever it takes to get that three months' cushion.

=> No cash? Moonlight until things improve

Business works in cycles. It's always either feast or famine. You either have more work than you can handle, or not enough. If you're going through a famine cycle --- and these can last for several months --- moonlight. There's a reason actors and actresses work as bartenders and taxi drivers. :-)

=> Consider working part-time for someone else

Just because business is slow atrepparttar 117289 moment, it doesn’t mean that your business idea is terrible. To easerepparttar 117290 situation, take a part-time job. Although you'll be busier than you'd like to be,repparttar 117291 fact that you have money coming in regularly lets you relax, so that you can enjoy working in your business again.

Cont'd on page 2 ==>
ImproveHomeLife.com © 2005
Terms of Use