After Business Planning

After Business Planning

Promote Your Page Too

So are you making good use of all the online marketing strategies available to your small business?   Facebook pages and groups create community around your business.   Take a look at ours and join in the discussion.   We want to get to know you – so go ahead and click the link above.

Strategy #2 Cash Flow

Cash flow can be more important than profit.

Did you get that?  You can be profitable, but your bank account says cash-poor.  A lot of business owners do not know what cash flow is, how to calculate it and manage it.  All you know is that you worry about meeting a payroll or paying bills or pay penalties for late payments because you don’t have the cash.  And then you have to borrow.  But you can get a handle on cash flow, and you don’t have to be good at numbers to do it. 

In our Cash Flow program, you will master the 5 severe warning signs that you are headed for a cash flow problem, and you’ll be able to stop cash flow problems before they start.  You can avoid all of the usual symptoms, and always have more cash coming in than going out.  Or if your business is seasonal, you will learn how to plan and prepare for those fluctuations.  In this program you’ll learn how to calculate a cash flow projection.  This is a tool you can use over and over again.

Click the Welcome Tab above for more information.

For the latest release of my August newsletter – Online Advisor – check out these headlines:

Put mid-year tax planning in your summer agenda

IRS defines new work credit

Social Security and Medicare to go broke sooner than expected.

Read details:  http://www.planningtips.com/Planning_Tips.asp?Co_ID=98512&Tip_ID=6850

Comment below for conversation about these topics!

Do your employees have the skills your business needs?   Is your workforce the most productive it can be?

Managing your employees is critical if you want your business to be efficient and successful. One unproductive employee can have a huge effect on your workforce, especially if your workforce is small!   Employees are one of a business’s important assets.   How well your employees perform affect how much your business succeeds.

We have a workshop available that will teach you how to choose the right employees. For more information, go to the What You Get tab.

Debra Schill on Facebook – http://www.facebook.com/home.php?#/home.php?ref=home

Find us on  Linked In.com    

http://www.linkedin.com/profile?viewProfile=&key=26801842&trk=tab_pro

Had an enlightening conversation with my business coach today.  We were talking about struggling business owners – wondering why so many that are struggling keep on struggling?  Granted, it is a pretty rough economy right now.   But why are some businesses thriving in the midst of the same economy?  Why do some people seem to have all the luck?  

I often see two business owners in the same place financially.  One is struggling, or what I call  “starving” and one is what I call “hungry”.  Can you see the difference?  It’s an attitude, not the state of their financial being. 

Struggling or starving business owners are working  hard IN the job of their business, with their head down, running into things (challenges).  They just keep on doing what they know to do, getting the same results, taking what comes to them.  There’s always something in their way and eventually they give in and give up or close because they starve.

Hungry business owners, on the other hand, are working IN their business too, doing their job, but they walk around with their head up and don’t run into things because they can see where they are going.  They know things aren’t going well and they don’t yet know how to fix it.   But they are looking for help, proactively looking for new things to try instead of taking what comes to them.  They know that they will find it if they keep looking and they won’t give up until they find it.  They are hungry but not starving because they get bits of food (or success) along the way to keep them going.  They won’t stay hungry – they’re just passing through that stage.

Do you see the difference?  What kind of business owner are you?  I am looking for “hungry” business owners to tell your story here.  Our site is about giving you tools to feed yourself.  Don’t stay hungry!!   Come back and stick around!

Debra

Small business resources online – my site – www.afterbusinessplanning.com has been in a perpetual state of change for over 2 years now!  I keep changing it in a quest to bring the right combination of resources that appeal to my small-busines audience.   Some people are more of a do-it-yourselfer and like to read and hunt for resources, tools and training material they can study to improve their lot.  Other people like to pay someone else to just do their accounting and business strategy and have no interest whatsoever in learning how they can improve their situation.  Which type are you?

So help me out – post some comments and let’s get a conversation started.  Here are some questions you might think about posting answers for:

Are you a small business owner or thinking about starting a business? Tell some of your business story.

What kind of resources do you look for online and how do you use them?   Do you consider yourself a self-learner?  Where else do you find resources to help you develop your business?

Tell me about your own website journey -  have you worked with professional web designers?  How has that worked out for you?  Post your site URL and discuss your site offerings.  Do you know your statistics and how many people you drive to your site?  Are you getting the results you want?

What is your online marketing strategy? Do you have one and how’s it working out for you?

These are just some of the things I have been thinking about.  Post your comments and ideas below – please!

Thanks  -

Debra

If you want your marketing campaign to be successful, you need to know who your customers are. Focusing your marketing on the needs and wants of your customers allows you to efficiently use your marketing dollars. You will target potential customers and expand your customer base.

Marketing is an essential part of any business. Used correctly, marketing can increase your customer base and increase profits. Used incorrectly, it can be an expense that doesnt pay off.  

We have a workshop that can teach you how to market effectively. For more information, read this article.

Marketing

How well do you manage your cash flow? Cash flow management is an essential skill for any business owner. With good cash flow management, a business can survive problems and continue to thrive in the future.

Cash flow is literally the flow of cash in and out of your business. Identifying the sources of your business’s cash inflows and outflows can dramatically change the way you run your business. Once you know how much cash you have available and where the cash goes, you can anticipate problems and plan for how to turn them into opportunities or lessen their negative impact. Successful cash flow management helps you avoid those seasonal fluctuations and money crunches by planning ahead for them.  You will no longer play catch up because you will have the tools to plan and be prepared.

We have workshops available that can help you learn to better manage your cash flow. For more information, click on the link below.

Cash Flow Management