Day: March 23, 2017

Myth-busting business ideas about cash flow

As part of this series of articles, let’s start with mythbusting business ideas some people have that I find funny, odd, or just plain sad.  And there are a number of these.  The sad part is that some of these myths have become so well ingrained in our business culture that they’ve created habits hard

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Myth-busting business ideas – part 4

You don’t need an accounting system to tell you how much you spend because you know how much you spend.  FALSE!If that were true then we as a country wouldn’t be spending more than we earn; and business owners wouldn’t ask us something along the lines of “why if you made $40,000 profit last year,

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Myth-busting business ideas – part three

To get more cash, you just need to sell more.  TRUE and FALSE!Sometimes, selling more is like pushing the accelerator down on a car that’s hurtling towards a cliff.  The only thing you will achieve is hurting yourself more and faster.  Sometimes the problem of not having enough cash has nothing to do with your

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