Evaluating Cash Flow

Over a year ago, I wrote an article here in the Home Business blog about “Managing Cash Flow.” I thought it was time to revisit that important issue and talk about ways to look over your business operations and figure out what is going on with your cash flow and ways to make adjustments and/or improvements. Just to share, my home business in 2 1/5 years old and I am just now getting my cash flow to an (almost) comfortable place. Managing the influx and out flux of revenue is a challenge for any business—whether it is a start-up or … Continue reading

When You Need Cash

Do you need more cash flow? Well, there are really only three ways to accomplish this. Let’s discuss them. Earn more money. The best ways to earn more are: • Ask for a raise. Seriously, why not? Think hard about your accomplishments and provide a good case. It doesn’t hurt to ask. • Take on a second job. Seasonal labor is always in demand. You can help a retailer over the holidays or a gardener in the summer. Depending on your skills and time, there are almost limitless options. • Look for freelance opportunities. Can you “sell” one of your … Continue reading