Healthy Cash Flow: The Lifeblood of Your Business
It wasn’t that long ago that I was racking up credit card debt to fund my business.
I got myself into a lot of trouble at one point and that’s why these days, I run my business on the “C” word: “Cash Flow.”
(By the way… experiences like this are the reason I feel so strongly about supporting jewelry designers like YOU with powerful business and marketing strategies. I want to help you implement what works – and avoid repeating my mistakes!)
Here’s the TRUTH about debt:
YES, there will be times that you need to finance and invest in your business to get ahead. And YES you might get into a little bit of debt because of it.
However, there is a secret about how to keep your cash flowing and your debt to a minimum (and it might not be what you think).
That’s what I’m going to teach you in today’s VLOG and it’s all about Healthy Cash Flow: the Lifeblood of Your Jewelry Business
Click to tweet: The Real Truth About Cash Flow in Your Jewelry Business via @Flourish_Thrive
Now it’s your turn! In the comments below, tell us the following:
- How are you currently tracking your inventory?
- Which category do you fall in: inventory surplus or deficit?
Speaking of cash flow, sometimes just trimming a few expenses can free up the cash flow you need to invest in training that will help you GROW your business exponentially.
Because investing in the right information can give you the fast-track to building a business on your terms.
With that being said, are you still on the fence about enrolling in Multiply Your Profits LIVE?
For just about $5 a day, you can learn how to organize your business so that you are spending more time in your creative zone (whilst keeping your cash flow healthy).
Enrollment is closing tomorrow, 4/29/15 at 11:59 EDT for our LAST live round on MYP ever.