Seeking to grow? This is the cash flow
Every business owner knows that the cash is the king. But many are in the back foot that handle their cash flow just to keep their heads above the water.
What happens if you have growth ambitions? How do you establish the business financially to make strategic investments or take advantage of opportunities?
Educate yourself. It is not enough to say: “Oh, my accountant does it.” No matter how much we value your entry, it really depends on us. Only we can make decisions on how we assign cash (and time) to which projects.
Be sure to take advantage of the large number of courses available for you to count and become Confident cash flow.
What does it mean to become cash flow ‘confident’?
- Comprehension of cash flow
- Knowing where your cash is
- Channel properly cash to extract the best value
Your time (and energy) are so important. Be attentive to the general panorama and make sure you are investing your own time where you have the greatest impact. Maybe you could think about this as a ‘roti’ (return on time invested)
I have probably heard of the adage, “works in the business, not” in “. But what should you do when you are on the running tape?
I often say, you know, who is the owner of your business? Are you owner of the business or do you have you? And if he possesses you, it’s time to speak with yourself.
When channeling your cash in operations or investments, you can choose who and what time make available.
These options allow you to outsource the elements of your business that you hate and help you concentrate on those you love where time is money and money is time.
I have much more to say about this topic. You can dig deeper with This recent video interview I did it with Airwallex. I hope these ideas work as well for you as they did for me.
For more information about the #ChoSegrowth campaign with Airwallex Click here
Also published in Half.
#cash #flows #determine #grows
