Thursday, September 30, 2010

Cashflow and money management

1.  Cashflow is very important.  In all activities you need money.  You cannot go out of your door without money.  To do this you initially have money in your pocket and use that for business or investing activities to make it grow.  Use it as capital for your business.  It could be simple as churning out P200 for a dealership.  Or the dealership could be free.  You could start with nothing!  And then SELL!!!

2. That way you recover your costs from the income that comes from your SALES.  Do it and you will have definite POSITIVE CASHFLOW.  Make sure that your EXPENSES<REVENUE.  Then you will have positive cashflow.

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