Cash is king. Cash flow*
keeps you king. Kings own their business; creditors need not apply.
Kings choose their journeys and who can join them. It’s good to be king.
With that in mind, here are some principles that can serve to either keep you king or help you be a king in your business, king of cash flow.
Education.
Start with yourself. Are positive cash flows meaningful to you as the organization’s leader? Why? Do you measure it? Would you be able to answer, if asked, how much cash-flow do you generate each month? How long would it take for you to find that answer?
Can you explain what it may mean to everyone in your organization? (survival, ownership, control, freedom, growth, new equipment, new hires, no layoffs, incentives, R&D…)
Are you not sure you want feedback from others? Read on.
To read the full, original article click on this link: 7 Principles for Cash Flow Kings | Small Business Trends
Author: Zane Safrit
