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Do you have a financial forecast model in your business that is updated regularly?
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Do you ever wonder how profitable your clients are? Are you confused with your cash flow? Does it fluctuate a lot, or do you have to use a line of credit regularly?
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Thanksgiving Everyday By: Shane Bender
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By: Shane Bender The Scene It was cold October morning in the Rocky Mountains of Colorado. I had 2 pairs of socks under my shoes, multiple layers of clothes, gloves, and a chair. As I walked out of sight of anyone at the bottom of the hill, I sat down in my chair for a period of reflection and prayer. Quickly, I noticed a squirrel that seemed to be upset at my presence. He sat up in a tree staring at me and making an unusually large amount of noise. Had I somehow interrupted his plans? Over the next 2 hours, the squirrel would run by me getting acorns or some kind of food and put them in a hole in the ground. He was working very hard on this mid-October day.
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Do you have a small business that is growing fast, causing you to worry about cash flow? What if you get a large customer or contract that requires you to hire people, order inventory, or invest in equipment or property? You have heard it takes money to make money, but you don’t know how to get the money.