We all know that cash is king and improving your cash flow to make sure that more if it is coming in than is going out is vital. Having a cash flow forecast is important, particularly if you have a seasonal sales cycle when you may have to ramp up production, incurring costs before you are able to sell the goods. The forecast will allow you to track where you are with your money each month and show any months where the costs may outstrip the incoming revenue allowing you to plan for the shortfall, rather than it being nasty surprise. […]
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The thing with networking is you need to keep turning up, certainly if, like me, you are new to an area and wanting to get known. Once you are established, you can cut back on spending your days driving to one networking group after another. The initial challenge is working out which ones to go to. If you’re like me networking is the lifeblood of your business and you may need to go to many. I had great difficulty tracking down some groups when I first started looking in August (Google doesn’t throw them all up when you search for ‘networking in […]
Read more →In my new role with Business Doctors I’ve become the queen of networking. It’s a whole new world for me and it’s been fascinating. I’ve never had to network before; not actively in the way I do now and I’ve had to navigate the myriad of networking options available. The key, if you’re new to business networking, is to go to as many different meetings as possible to start off with to find which ones suit you best. If I’m really honest, I was dreading having to network; the thought of having to go into a room of strangers terrified […]
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