Posts tagged ‘business money management’

I’ve noticed that, in letters, e-mails and conversation, more and more people are using the phrase “flourish and prosper” recently and I wondered just how many have actually analyzed what that actually means in terms of business money management, and just how it can be accomplished.

Socrates said, “The beginning of wisdom is a definition of terms“ so, by habit, I went to the oldest set of dictionaries that I own to get the purest definition of flourish, and here is what I found:

Flourish (verb intransitive) to do well and be prosperous; to be in a state of activity and production; to reach a height of development or influence; to increase in health, wealth, happiness, honor, comfort or whatever is desirable. [Webster Third International Dictionary © 1909]

Business Money ManagementSo if we can flourish, then we have a much better chance of being truly prosperous. How can we carry out the actions of flourishing when it comes to business money management? Here are a few thoughts.

Be in a state of activity and production: Activity can’t just be busy work, a person or company must also be in production. To me that means to be producing something of value that actually contributes to the income generation of the company. For example, if a salesman spends all day calling people on the phone, but closes no sales, then he was certainly active, but wasn’t productive because he didn’t produce what he was hired to produce; closed sales. If a company spends its time, money and energy acquiring or making products, but never sells any, they are not really producing. To prosper, the production must generate income for the company. (more…)

How to handle business money management problems…

“Confront your problems head on.

Issues that you run from,

run your business.”

- Jill Marcus


Join Sandra Simmons for this live, one-hour special event to learn

How to Take Charge of Your Financial Future and Make Your Business Recession-Proof

Date: Tuesday, October 18, 2011 at 8:00 – 9:00 p.m. (Eastern Standard Time)

Registration Link: https://www1.gotomeeting.com/register/509789296

Very wealthy business owners use a very simple formula to:

Direct the use of their income, to
Control their financial future, and
Reach their financial goals.

This webinar will cover the basic fundamentals of this formula and how you can use it to manage your business cash flow starting today.

Seating is limited so register now to claim your seat!

We’d love to see you there.

I really love helping business owners with their money management and internet advertising, so I spend the majority of my days sitting at my desk working on the computer and phone. It seems that the work never ends. There are hundreds of thousands of small business owners out there who need help on their finance lines.

The sedentary working life isn’t good for my health, so Brian, my Chief Operating Officer and I like to get out and get some exercise. It makes us feel better and clears our heads; and that makes us more efficient when we are at our desks.

Yesterday it was cold in Florida, so instead of going for a long walk outside, Brian wanted to go to the gym and shoot hoops on the basketball court instead. Okay, I was game for something new, so I decided I’d go along and learn to shoot hoops and get my work out that way.Internet Advertising Is Like Shooting Hoops

First thing I had to learn was how to hold the basketball and the basic technique of flipping my wrist to propel the ball up and toward the hoop. Once I had that down it was learning about where to look when I was shooting the ball so it would go through the hoop.

I quickly realized that if I aimed dead center at the rim of the hoop that I could be a little off to the left or right with my shot and it would still go through. Then it became how much energy I put into shooting the ball. Too little and the ball would not get up and over the rim. Too much and it would bounce off the backboard or just fly over the hoop.

I started thinking about business money management and promotion using internet advertising to increase income in relation to shooting hoops. Once you have the basic fundamentals down you can make the basket [get the customer sale] almost every shot.
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