The Cash Flow Consultancy

The Cash Flow Consultancy The Cash Flow Consultancy Turnover is vanity; profit is sanity; CASH FLOW IS REALITY!

06/12/2016

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it (source: Henry Ford)

15/11/2016

A day without laughter is a day wasted (Charlie Chaplin)

18/05/2016

Saw a great reminder today of why thinking differently to the masses will put/keep you two steps ahead of mediocrity.
It comes from the Kiyosaki school of action, and is in reference to savings.
Its perfectly acceptable to save money to build up funds that will eventually be used to invest in a cash-flowing asset. However, to save for the sake of saving "because that's what I've always done - to keep money aside for a rainy day....." is not helping you at all. Here's why......
Your money i.e. your savings, earn you interest of (if you're lucky) 1% per annum. That same money being held by your bank/building society is then loaned to people in the form of a mortgage. The bank receives 5% per annum. So they make a 4% margin on your money. Or, put another way, the bank makes 5 times what it costs them.
Here's the killer - you are not saving your money - you have actually loaned your money to the bank for a paltry 1% per annum. Think about it - you are not saving; you are lending!
Did you notice that mind shift between your ears. Puts a different perspective on what you're doing with your money now, doesn't it?
Now that the realisation is setting in that you're getting a totally crap deal out of the arrangement with your bank/building society, what are you doing/going to do about buying/building some cash-generating assets?
Ladies and gentlemen, you have it within you to build a successful online business. A business that can generate far more cash for you than the interest you receive for lending your hard-earned cash to the Establishment.
With inflation eating away at your capital i.e. your "savings" - your spending power is diminishing by the day, so it makes sense to use that money to invest in your education - your online business education and your financial education.
As long as you apply yourself; keep a positive attitude; and aim for attainable targets, you will get a far better return on your investment than the pathetic loan interest you charge your bank/building society.
You even have an option of investing in property, despite Osborne's and Cameron's attempts to scare the living daylights out of everyone, and to generate decent positive cash-flow that way.
I'll leave you to ponder. Pleasant thinking!

19/02/2016

One aspect of cash flow very few people seem to grasp in velocity. Most business people seem to be fixated with sales and profits, but it is the speed with which transactions i.e. sales take place that have a direct impact on cash flow.

Think about this: would you want to sell 1 item for £30 a day, or 2 items for £20 each a day? £30 going into your bank account or £40 going into your bank account? Profit per unit might be smaller, but your cash balance is healthier.

Think about it - what effect would that have on your business? More cash in the bank gives you more power to negotiate keener prices with your suppliers, thereby improving your profit margins. More cash enables you to outsource a task or two that frees up your time to increase sales (and profits and cash flow) further.

Think velocity - think; money makes the world go around....

Let us know your take on this subject. we'd love to hear from you.

17/02/2016

It's funny - people love to post to FB, Twit and other social media sites about the latest "cool" gadget that generates traffic; the latest sales technique that generates thousands of pounds/dollars/euros of profits; the exotic holidays they go on etc. And yet the mere mention of a cash flow problem they have that can be resolved within a matter of days and can add thousands to their bank account is, er, boring!

Is it boring or is it because people really don't understand how generating cash works?

Or is it because they've had personal experiences where they've lost money on the stock market or in a betting shop that clouds their judgement?

Or is it because they really can't apply simple mental arithmetic?

What do you think?

10/02/2016

Great comment from Daniel Priestly in an email promoting a seminar in London: ".....One of the best pieces of advice I ever got in business was “income follows assets".

Pretty simple - If you want rent, you need a house; If you want dividends, you need some shares; If you want a viable business, you need business assets.

There’s an asset that I think is the most undervalued asset for most people - their personal brand....."

09/02/2016

What do people really fail to understand about the way money works?

06/02/2016

What does "cash flow" mean to you?

31/01/2016

What are you going to do in the coming week that will increase your bank balance?

31/01/2016

What have you implemented this week that has improved your cash flow?

28/01/2016

Here's something you might want to consider - are you combining your passion with your profession, or do you keep the two separate? Please leave a comment in the box below. it will be interesting to see what effect one situation or the other has on the financial health of a business. In the meantime, have a great day! :)

04/01/2015

Keep cash flowing in the right direction - not only will your business survive, it will THRIVE!

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