Cash is king and positive cash flow a must for every business enterprise…
Beyond startup funding, all business enterprises must maintain a positive cash flow in order to sustain operations. Equally important is financing the strategic initiatives necessary for the business to remain relevant and grow within the evolving marketplace.
Managing money on an enterprise scale requires a significantly different knowledge base and skillset than one’s personal finance management. Such management typically involves many more transactions, organizations, and institutes as well as governmental requirements.
After initially financing their business startup, entrepreneurs face the new challenge of maintaining financial stability through positive cash flow while financing ongoing operations and strategic initiatives.
While initial small in size, a startup’s finances can be as complex as much larger enterprises; necessitating the need to manage points of sale, merchant services, payroll, suppliers, loan repayments, shareholder dividends, and stock options to name a few. All of these, of course, are shrouded by business-to-business and business-to-individual contractual obligations, regularly requirements, and taxes.
StrategyDriven and members of our Service Providers Network stand ready to support entrepreneurs whatever their circumstances and to the degree they desire. From online advice to direct consultation and the provision of services, we are an entrepreneur’s most trusted partner.
Focus of the Managing Your Finances Forum
The StrategyDriven Managing Your Finances Forum presents the practices for establishing and maintaining the financial health of your business. Our expert insights reveal how to both maintain a positive cash flow and finance the initiatives necessary to sustain and grow your business.
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Kim Ades is President of Frame of Mind Coaching and one of North America’s foremost experts on performance through thought management.
Christopher Conner, President ofFranchise Marketing Systems has been in the franchise industry since 2002 working with several hundred different franchise systems in management, franchise sales and franchise development work.
Jeffrey Gitomer is the New York Times bestselling author of Little Red Book of Selling, the best-selling sales book of all time.
Nathan Ives is a renown Fortune 500 business advisor and author of Discovering Business Gold, used to identify over $200 million in operational cost savings.
Hank Moore is a renown business advisor, speaker, and author of The Business Tree, revealing his trademarked approach to growing, strengthening, and evolving business.