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How to Get Your Cash Flow Handled – Part 4

April 3, 2014 by Lisa Mininni Leave a Comment


lead-generationOne of the reasons businesses go out of business after a short period of time is cash flow management.

Cash flow management is critical to any business. It’s like a lifeline to the heart of your business.

There may be several systems missing that have a direct connection to cash flow, including, accounting systems, sales systems, and marketing systems. Another system that has a direction connection to your cash flow is your lead generation system.

Continuously filling your prospect pipeline is great. Filling your pipeline with pre-qualified prospects with an automatic lead generation system is even better. Lead generation systems should be utilized and help pre-educate your prospects so by the time they reach you, they are already pre-qualified and ready for the solution or services you provide.

There’s another benefit to lead generation systems. When you have the right lead generation system, you gather information from your prospect so you take out the guesswork on exactly how to serve them.

The lead generation systems, along with your accounting systems, sales system, and marketing systems, are necessary for great cash flow management. They are the very ones you need to:

• Track your money and create a plan to make informed business decisions.
• Pre-qualify prospects and close on more sales without being pushy.
• Acquire new customers or clients essential to grow your business.
• Develop additional products or services to existing customers.

Remember, cash flow is like the lifeline to the heart of your business. Without cash, you delay your ability to grow your business.

Do you know what the biggest heartbreak of all if you don’t get your cash flow handled right now? Those clients who will be denied the solution you provide if you go out of business.

Filed Under: Blog Tagged With: cash flow strategies

How To Get Your Cash Flow Handled

March 13, 2014 by Lisa Mininni Leave a Comment

howtogetyourcashflowhandled excellerateassociates.com

The Small Business Administration estimates that about 600,000 new small businesses are launched each year. Yet, two-thirds will only survive two years, 44 percent survive four years, and 31 percent survive at least seven years.

What’s the bottom line on the high rate of failure? At the top of the list – poor cash management contributes to these failures.

Cash flow is like the lifeline to the heart of your business. Without cash, you delay your ability to grow your business and get your talents and gifts into the hands of those customers who need it most.

In order to grow your business, you’ll need to have a positive cash flow; that is, more cash flowing into your business than leaving your business. It may seem like a no brainer that if you need more cash flow, you need to attract new customers or sell more services. For many, however, achieving a consistent positive cash flow is easier said than done.

So, it may be time to ask yourself this question: “What am I missing?” There may be several systems missing that have a direct connection to cash flow, including your accounting system. (View the video for these other systems).

If you don’t know your cash balance, you’re missing a major piece of your accounting system. You can remedy it by using a software, like Quickbooks. At a minimum, review your financials once a month by scheduling an appointment with your CPA or your Accountant.

Your accounting system is the very one you need to track your money and create a plan to make informed business decisions. Remember, cash flow is like the lifeline to the heart of the business. Without cash, you delay your ability to grow your business.

Do you know what the biggest heartbreak of all is if you don’t get your money handled now? Those clients who will be denied the solution you provide if you go out of business.


Entrepreneurial Edge System x 250 Want to discover:

  • How to set up continuous cash flow?
  • Proven ways to systematize and monetize your marketing?
  • Specific systems and processes that continuously fill your prospect pipeline?

Get started with the Wake Up Profitable with the Entrepreneurial Edge System Implementation Program. Discover the systems approach to profitability EntrepreneurialEdgeSystem.com

Filed Under: Blog Tagged With: cash flow strategies, how to get your cash flow handled

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