I am not able to control my cash flow

1
I am not able to control my cash flow
2

• Sir my statement are showing good profit in my
  business but the problem I am facing is
  cash flow I am not able to control my cash
  flow my condition is getting bad and even it
  may lead to situation where I have to stop my
  business can anyone help me to overcome this
  problem?

3
Introduction
4
Introduction

• The capability to control cash flow has always
  been a problem in any business. According to
  study, one of the main reasons for business
  collapse is running out of cash. In this article,
  we will talk about some of the ways to control
  cash flow so that your business remains
  profitable and of course these steps will help
  you to control cash flow

5
(No Transcript)
6
What is cash flow and How to control cash flow

• What is cash flow? Cash flow is the amount of
  money that goes into a business (income) versus
  the amount of money that leaves a business
  (expenses). If you have more money in than out,
  you have made a profit and positive cash flow. If
  you have more money outgoing than incoming, you
  have negative cash flow.
• How to control cash flow while there are many
  fancy spreadsheets to help you keep track of
  these things, it's really hard to control cash
  flow.

7
Emotional process

• If you've had any problems so far, I'm right
  there with you it can be an emotional process to
  see money in and out as you build your business.
  Before continuing with the ways to control cash
  flow, be aware of your emotions. It can be
  difficult to see where we have made mistakes and
  this can raise a lot of things. But the good news
  is that once we know what mistakes we're making,
  we can fix them below are some ways to control
  cash flow.

8
Figure out your steady expenses

• Figure out your steady expenses Calculate your
  fixed expenses. I was recently telling about my
  inability to understand cash flow when my friend
  pointed out something to me. He said my
  understanding for experimenting and trying new
  things all the time has resulted in not being
  able to better control cash flow. In other words,
  that new software I wanted to try, the person I
  wanted to hire because I felt that something was
  working well, or start experimenting with
  Facebook ads - although it has all been
  beneficial to some degree - is making it
  difficult for me to maintain. my constant
  expenses.Of course, it may take some time to
  figure out what your expenses are. Everyone's
  business is different and I believe there is some
  trial and error required to figure this out. But
  I think what my accountant was trying to achieve
  was the fact that I sometimes get impatient, get
  excited about something that can help my
  business, spend more money than I anticipated ,
  and then criticize about cash flow.

9
This brings me to the next point

• This brings me to the next point . Work with an
  accountant. I always predict how entrepreneurs
  should surround themselves with people who can
  catch their blind spots. The truth is that none
  of us are perfect and we all have areas of
  challenge, so it is in our best interest to have
  people around us who can call us.
• If you happen to have problem controlling your
  cash flow then you better build a good
  association with your accountant so that he can
  call you, Find better deals for business
  services. Another area where cash flow can be
  improved is to actually reduce expenses. That's
  what I did when I switched web hosting providers.
  That's also what I'm doing now as I try to find a
  better deal with media liability insurance.

10
However, it doesn't stop there and And let's not
even start with the processing fees

• However, it doesn't stop there. My all-in-one
  email marketing system now allows you to create
  landing pages within the system itself, so this
  will save me hundreds of dollars because I won't
  need to purchase a separate service for that.
• And let's not even start with the processing
  fees. Those tricky things will kill your cash
  flow if you don't shop around for the best deal.
  Take a break from creating so much and focus on
  sales as an alternative. Another problem that
  many creative entrepreneurs can relate to, is
  that it's very easy for us to create things in
  the blink of an eye. In fact, many of us are
  super creators.

11
Problem With Planning And Executing

• The problem is that we sometimes have a problem
  with planning and executing the marketing and
  sales part for everything we've created. For
  example, I've created tons of digital courses and
  a membership site, but it was a challenge for me
  to pick one thing to market and sell over and
  over again. The reason is because it's so much
  easier for me to keep creating.
• Now, the good news here is that if you happen to
  relate to this, you probably already have a suite
  of products and services that will allow you to
  create multiple streams of income. In other
  words, you have a good problem. You have already
  created what needs to be sold. Now it's just a
  matter of selling it.

12
CONCLUSION

• Earn more The beauty of running a business is
  that we can make more money if needed. Sometimes
  it's about finding holes in a sales process,
  which isn't a big deal. Other times you just have
  to market more (as I have experienced in my email
  marketing). And, even again, other times it's
  just a matter of trust. I guess this will help
  you follow the abovementioned steps and this will
  certainly help you to control cash flow.

13
Contact us

• CONTACT 450, Mastermind 1, Royal Palms, Aarey
  Colony, Goregaon(E), Mumbai, Maharashtra
  400065Ph91 8097027355, 91 9137256150, 91
  9222086563 or visit http//mbaprojectreports.com/
  email at profprakash_at_mbaprojectreports.com