As of Monday morning we had Mozambique join the audience making it our 117th country, not bad for just our Second Season on the air. We currently have entrepreneurs and owners in 60% of the global business community tuning in daily - thank you and we are just getting started!
We have three more weeks of shows left - 009 through 012 before Season 3 starts and everyone is excited about our hard launch on October 5th from the Kilo Market (Australia, New Zealand, Singapore, Philippines, Taiwan, Hong Kong, and surrounding areas).
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JOIN our Community and Let’s Grow Together!
Have a great business week.
Show Objectives - The Why
There are three stages in a business's growth cycle covered on IBGR where the business could die. Life or death stages of a business covered at IBGR are Stage II, Stage IV and Stage VI. Failure in Stage II and Stage IV are both dependent on cash flow (Stage VI fails because of bad decisions - a topic for another show). It will either grow the company or kill it. You have already navigated the first cash flow crisis when you validated your business and began generating consistent revenue in Stage III. It’s imperative that you begin to focus on cash flow again in Stage IV.
Today’s show will give you the areas you need to monitor closely and frequently in order to keep your business on a growth trajectory. Failure to do so will be the failure of your business. There is no other way around it. How you accomplish this is by having an understanding of the relationship between sales, production and cash flow - and it’s not what you think!
Key Issues - Owner Perspective:
Stage IV Failure Points: Destruction of working capital: unbalanced mix of new sales vs. production while servicing existing accounts. Insufficient infrastructure: over promise and under deliver caused by the failure to build capacity in Stage III.
EPISODE A4.008 MONITORING CAPACITY VS SALES VS WORKING CAPITAL
What You Need to Do - The How
Written by Donna Kunde
new choice for BUSINESS SEARCH