Increase is the Key to Better Cash Flow

The purpose of your company’s product or service is to meet a need, solve a problem or create an experience. Focusing your energy and effort on increase allows you to grow top-line revenue and profitability, which creates healthy cash flow.

Here are ways to bring increase into your company:

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Get Your Financial Systems Together

As a women business owner, it is important to leverage your business for less worry and more ease.

To do that, it is necessary to develop and maintain financial systems that give you confidence in your financial stability while having funds for your lifestyle and allowing you to leave a financial legacy that is meaningful to those you love.

If this sounds good to you, follow these steps to get started:

Be Clear: Being unclear keeps you stuck. There is no payoff for that. Clarity sparks action to do the right things in the right order at the right time. Get clear on your income, your expenses, what your goals are and, of course, write them down.

Be Resilient: Develop resilience by overcoming big setbacks and navigating the daily distractions, disappointments and doubts you encounter when you don’t get the financial results you expected. Know that there will be setbacks in your business. Plan for them. Have more credit than you need and always have reserves.

Be Courageous: Talking about finances with your business or life partner can be uncomfortable. Heck, sometimes talking to your accountant can be a little daunting. Be willing to be uncomfortable, ask a lot of questions, ask for what you need and get whatever support you need to achieve your goals.

Be Practical: Simon Sinek says, “It’s the magical partnership of the person with their head in the clouds and the person with their feet on the ground that creates progress.” Make sure you have a financial coach, consultant or partner to assist you in getting all your financial systems in place to thrive each day in your business. Get partners who champion your success.

You have so many talents to share. Follow these steps to ensure that you can continue to bring your gifts as long as you like.

How to Translate Your Vision to Dollars and Sense

Your vision doesn’t capture your heart until it captures your wallet. –Andy Stanley
How excited would you really be if you knew that your cash flow and profit aligned and truly supported your vision and values? Would you be more passionate about growing your company? Business needs cash flow like you need oxygen. It is vital for your company to grow well. Creating clarity allows you to make more money AND keep more of what you make. Here are four ways to grow your business well.

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