Improving Small Business Cash Flow, EBOOKI, pobierz pdf

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//-->Improving Small Business Cash FlowCraig Alexander Orr MBA, MSc, HNDCopyright 2011 Craig OrrSmashwords EditionDiscover other titles by Craig Orr at Smashwords.com:Finding Cash in Your Business -http://www.smashwords.com/books/view/62199If you have access to the Internet you can jump to the enhancedcontent of this book by clicking on the links below. The links willconnect you with the podcast, the blog, presentations, the obligatorytwitter feed and of course the website www.craigscopy.com.Cash in your Business PodcastslideshareBloggerTwitterAny trademarks, service marks, product names or named features areassumed to be the property of their respective owners, and are used onlyfor reference. There is no implied endorsement if they are used.Finally, use your head. Nothing in this book is intended to replacecommon sense, legal, medical or other professional advice, and is meantto inform and entertain the reader. So have fun finding the Cash in YourBusiness.Smashwords Edition, License NotesThank you for downloading this free ebook. You are welcome to shareit with your friends. This book may be reproduced, copied and distributedfor non-commercial purposes, provided the book remains in its completeoriginal form. If you enjoyed this book, please return to Smashwords.comto discover other works by this author. Thank you for your support.Table of contentsChapter 1 - IntroductionChapter 2 - The Cash Flow FormulaChapter 3 - Focus on Cash CustomersChapter 4 - Strategic Solutions PlanChapter 5 - ConclusionChapter 1IntroductionCutting costs and improving Cash Flow is where all small businessesneed to be right now. The big question is where do you start? This guideprovides the steps to help you to rapidly find the Cash buried in yourbusiness.Recently the owner of a small business said to me I am quoting formore business opportunities than ever before, converting less, constantlyrunning short of time and my costs keep going up. He showed me into hisoffice where ring binders full of quotes that had not converted to orderswere stacked in waist height piles, taking up valuable floor space. May Ifirst say that these guys were experts at filling quotes, with a keen eye formethodical approach, and if that had been their core business they wouldhave been very profitable. Mentally I could see cash sticking out of thering binders and falling onto the floor. He asked me the obvious questionwhy have I lost out on so many quotes? His business was a car bodyrepair shop and rather than provide an answer to a subject I knew nothingabout. I asked him to indulge me as we started to evaluate how muchmoney he had invested in creating the stacks of quotes. The results werestaggering in one year alone he had investing about two years wages,which had ultimately feed through to his bottom line costs and explainedwhy he was busier without seeing any improvement in cash flow.Small businesses cannot afford the luxury of doing “business asusual” in a recessionary environment it is critical to re-evaluate how yourbusiness operates. Download The Business survival workshop -http://www.smashwords.com/books/view/73829to focus your businesson what you do best.Cost cutting can be a bit like liposuction, providing an unsustainablequick fix, unless you make the required life style changes the problemwill quickly comes back. This short guide will provide pointers to helpyou assess where you may have developed habits that are stopping youfrom being more profitable.First stop is a process of Cash Flow triage; identifying where the bigissues are. Once the issues are identified it’s time to create a strategicsolutions plan. This enables the small business to achieve the greatestreturns within the shortest amount of time. The strategic solutions planwill ensures that the life style changes required to sustain costmanagement and improve long-term business performance becomeembedded into the day to day running of the business.The Cash Flow Formula was developed after extensive research intounderstanding and improving the way companies handle Cash. Thecircular wheel shown below is the ‘aide memoire’ to drive a systematicapproach to the analyse. Each of the segments in the circle are brokendown in detail in the various resources available athttp://www.craigscopy.comand in the Finding Cash in Your Businessebook- http://www.smashwords.com/books/view/62199Cash in StrategyWith most of the world’s economies at their worst condition sinceWorld War 2, as never before a clear “Cash in” strategy plays animportant role in a small business’s success. In today’s turbulentcompetitive environment, companies more than ever need a “Cash in” [ Pobierz całość w formacie PDF ]

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