(Guidance to Wealth) The Millionaire path - CASH FLOW - THE LIFELINE OF YOUR BUSINESS - Raj Kapur
Raj Kapur - "Guidance to Wealth" - The Millionaire path
CLARITY ON YOUR BUSINESS - THE WHY, WHO TO WORK WITH
IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow, or exit a business. Grow with us.
“Cash Flow or what is commonly referred to as Working Capital is the heart of any business,” “Without it a business cannot survive.
As a small business owner, the survival of your business depends on the way your money moves. Understanding how cash flows in and out of your business gives you the power to grow strategically. But once your cash flow dries up, it's tough to dig yourself out of the hole and it inevitably impacts all aspects of your business.
What is cash flow?
Cash flow measures the net amount of monetary assets coming into and going out of a business over a set period of time. It shows the financial health of a business by showing how much liquid cash a business has on hand.
Good cash-flow management, in simple terms, means understanding every inflow and outflow of cash
Understand and record cash flow projections
Profit does not necessarily equate to cash
Unanticipated expenses and emergencies
Marketing Expenses exceed sales
Late payments can cause major cash flow disruptions
Faster Growth in the company than anticipated
MISTAKES SMALL BUSINESS OWNERS MAKE REGARDING CASH FLOW
1. Overestimating future sales volumes
2. Engaging in impulse spending during the startup phase
3. Being passive about past-due receivables
4. Not using a cash-flow budgeting tool
5. Not keeping a cushion of cash on hand
WHAT TO DO
RAJ KAPUR - EXECUTIVE & SUCCESS COACH
Coach | Mentor | Speaker | Non-Profit Expert | Published Author | Radio Show Host
As an Executive/Leadership Coach Raj believes in building World Class “Super Leaders,” One Executive at a time.
Raj is the founder and CEO of Options Ahead, Inc. With his program “Guidance to Wealth - The Millionaire Path” he helps Coaches live their dream life by resolving their financial stress without just needing to make more money.
Raj leverages his 30 years of experience & success to help coaches & trainers on how to grow from 5 to 7 figures. He helps them find their niche, market, clientele, capitalize on their strengths and help empower them to grow their business & monetize it.
Raj is an Award-winning, C-suite leader and certified executive and leadership coach who has built, developed, and led large, globally competitive teams, provided transformational coaching to maximize productivity, improve staff morale, and inculcate powerful leadership skills — experience in for-profit and non-profit sectors. He leveraged leadership skills to transform struggling companies.
With over 30+ years’ experience and leadership wisdom backed by a toolkit of the world’s best leadership resources and cutting-edge techniques and ideas, Raj has leveraged proven leadership methods to develop super leaders that transformed not only themselves and their teams but also the entire organization at various levels.
Raj has led extensive workshops, seminars, coaching sessions, mastermind sessions, keynote engagements, and group and one-on-one coaching sessions. He has coached thousands of individuals during his career, created powerful instructional programs and courses. He has developed financial leadership programs, introduced leadership training, and Mastermind sessions at various organizations designed, developed, and led workshops on leadership, communication, and productivity across the country.
His corporate experience includes a background in managing budgets exceeding tens of millions of dollars, turning around companies, maximizing profits, and catapulting business success while working with CEO/board of directors.
Raj Kapur is an Executive Director with The John Maxwell Company. He is a Certified Coach, Teacher, Trainer, and Speaker, a certified DISC Trainer, and a published author.
Written by: Raj Kapur
http://www.millionaire-path.com/ | http://www.nonprofitedge.org/
Leave a Reply.
new choice for BUSINESS SEARCH