Most businesses struggle to have enough cash. However, we’ve developed a process that helps businesses build cash flow so they have enough to do what they need to do, when they need to do it, to survive and thrive.

The word ‘process’ is defined as a series of actions or steps taken in order to achieve a particular end. As a business owner, your targeted objective is this particular end. 

Business owners face an array of challenges to survive and thrive in today’s economic environment. Perhaps one of the greatest threats they face isn’t having enough cash to do what they need to do and when they need to do it, for the business to grow and prosper.

Business coaches face an ongoing dilemma – time constraints. The more business owners you serve, the less time you have availability to work with each owner individually in overcoming obstacles and addressing challenges.

Your business reflects the decisions you have made, are making and will make in the future. Are you making informed decisions or guessing about what you need to do when facing critical choices?

Some actions yield greater results than others. Some contestants win more frequently than their opponents. The Pareto Principle, better known as the 80/20 rule, states that not every action produces a proportional outcome.

The language your numbers speak paints a picture of your performance, productivity and profitability. That picture forms a pattern and tells a story. Your story will show you how to move forward to manage and build your cash flow.

Most businesses struggle to have enough cash because they don’t know how to understand, interpret and use the numbers in their business. These lessons will teach you how.

Guessing eventually leads to wasted time, effort and money.  Sound business decisions are rooted and grounded in financial reality. The one thing business owners cannot ever afford is to fool themselves. A business must be anchored in financial reality to survive and thrive.

Don’t let the above information on cash flow statements overwhelm you. For now the main point to remember is that cash is real money. It is one of the only two indisputable facts in your financials. It is the lifeblood of your business and it will determine the destiny of your operation.

A set of financial statements can help you answer all of these questions. In this article, we'll explore the five most common types of financial statements – highlighting each one's role in helping you manage your business.

Better known as the "vital few and trivial many," the 80/20 principle states that 80% of consequences stem from 20% of causes. Understanding the psychology and implications of the Pareto Principle can help your business tremendously – and can be applied to nearly every part of your business and personal life.

Do you spend every day pouring your heart and soul into this business but still find yourself running into issues you don’t know how to solve – like incomprehensible financial documents and unpredictable cash flow? It’s easy to fall into the trap of the same old routine work and to divert all your efforts in the wrong direction.