Month: March 2012

Behave Your Way to Obtaining Capital for Your Business

In his book, The Seven Habits of Highly Effective People, Dr. Stephen Covey recounts a conversation with a man who hated attending out-of-town training events. The man explained that his wife calls and hounds him on every detail of the day, whom he dines with, etc., and that he felt imprisoned by it. He also… Read more »

Five Steps To Create Effective Cash Flow Projections

Creating effective cash flow projections is important for every business. The frequency depends on the stage of your company: stable and steady, monthly is fine; high growth, crisis, or contracting, weekly is imperative. The layout in its simplest form is: Beginning Cash Balance + Cash Receipts (In) – Cash Disbursements (Out) = Ending Cash Balance.… Read more »