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Want to boost your business skills?
Welcome to our free learning center where you will find
- Quick tips
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- Success stories, and much more.
This is a game called cash flow two truths and a lie. Grab a pen and keep score.Ā Each round gives you three statements about money in your business. Two are true, one is a lie. Guess before you read the answer. Miss one, and that lie might be costing your business thousands, or even hundreds of thou...
Would you ratherā¦
Sell $500,000 after 20% discount
Or
Sell $300,000 after 5% discount?
Check out this video to see the powerful effect discounts have on sales, profit and cash flow.Ā
Would you rather sell more or save more money? Check out this video to learn how each activity boosts the bottom line in your business.
Spoiler alert - financially stableĀ service companies require managing all three - sales, profit and cash flow.Ā
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Revenue, profit and cash are all needed to operate a healthy business. But they are very different numbers and tell different stories about your operations.
In the perfect world, your Revenue, Profit and Cash balance will grow at the same rate. Unfortunately, itās common for businesses to generate ...