Posts tagged ‘Ways to use your money’

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…)


Register At: https://www1.gotomeeting.com/register/507431856


TRANSCRIPT:

How to Manage Your Business Money Like A Millionaire – Webinar

Hi, Sandra Simmons here from Money Management Solutions to share one of the key missing steps that you need to do to manage your money like a millionaire does.

First, let me tell you that successful business money management is a very simple science. That means that there is a simple formula to follow, and if you follow the exact formula, it yields a specific, and predictable result.

Millionaires know and use this money management formula for one purpose, and that is to direct the use of their money, to control their financial future in order to reach their personal financial goals.

The first fundamental of successful business money management is deceptively simple. What is it?

It is: Make more money than you spend.

The second fundamental is: Direct the use of the money you do make in a specific way to make even more money.

How do you do that?

The fast answer is, learn and use the rest of the business money management formula.

I’ve designed a simple system that automates learning and using the formula that saves you a lot of time trying to figure this all out for yourself.

It shows you exactly how to use your business income each week to steadily progress towards achieving your specific financial goals:

• Increasing your company’s income

• Cutting waste and paying off all debt

• Making bigger profits

• Making every dime of income make more money for you

• And achieving long term wealth
It’s a simple, proven system that works. That’s been verified by thousands of business owners.

Here’s the thing…Most business owners are behind the 8 ball – scrambling to pay last week’s or last month’s bills with this week’s income.

A few are on top of the 8-ball. Just keeping up with paying this week’s bills with this week’s income.

Only 1 out of 20 are ahead of the 8-ball; using this week’s income to pay next month’s bills, to invest in the expansion of their business, and in future long-term wealth building activities.

Our system, spells out the exact steps to get you to here – in front of the 8-ball – thinking and planning in futures so you are in control of your financial future

It is a law of nature that the achievement of success starts with a decision to achieve a specific goal, followed by taking the actions necessary to achieve the goal.

So I want you to do 2 things:

One, decide that YOU are going to be the one who directs the use of your business money instead of being controlled by how much money is in your bank account.

And two, start Learning this system by accepting my VIP invitation to attend a FREE, live, one night only, online coaching webinar. I’ll be there live sharing the basics of the rest of the formula you can use to take charge of your financial future in 45 days or less, and Make Your Business Recession-Proof.

I think you will like what you’re going to see… how to increase your income and how to direct the use of your money so you take charge of your financial future.

I’ll tell you a secret about the private clients I work with all over the world that pay thousands to keep me on retainer – they are not worried about the economy, and they sleep really good at night because they aren’t worried about money. I’ll show you the basic fundamentals of the system we use that makes this happen. And I’ll share with you the results that some of our business owners have gotten by using it, so I think you’re going to love it.

You can simply visit the link below the video to accept your invitation and register to attend.

Seating at this one-night-only special event is limited, so claim your seat before it fills up.

p.s. Register now because this is going to be for a very small group and we’d love to see you there.

The following is a transcript of a telephone conversation with Sandra Simmons, President of Money Management Solutions and creator of the Money Management Solutions software system…

Sandra Simmons, President Money Management Solutions

Sandra Simmons, President Money Management Solutions

Sandra: Hi [name withheld] how can I help you?

Business Owner: Your business money management software doesn’t work for my business.

Sandra: What do you mean exactly when you say it doesn’t work for your business?

Business Owner: Well, for one thing, what good is going to all the trouble to fill out the budget? I already know how much money I’m spending.

Sandra: The budget module isn’t meant to tell you how much you’re spending. It’s designed to tell you how much you should be making.

Business Owner: What?

Sandra: And just making break even isn’t good enough, you have to budget to do better than break even.

Business Owner: Huh?

Sandra: Have you built your budget in the Money Management Solutions software?

Business Owner: Yeah.

Sandra: Okay good. How much did you budget for your Emergency Fund?

Business Owner: My what?

Sandra: Your Emergency Fund.

Business Owner: What’s that for?
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Business Money Management – To Get Your Retirement Savings


Today, I want to talk to you about How To Start Your Own Retirement Savings Plan

It’s common knowledge that the American Social Security program is in catastrophically bad financial shape, and that those retiring in just a few years cannot depend on getting anywhere near what they need or expected from that system.

Regardless of how far from, or close to, retirement you are, you should know your business money management plan needs to include a self-funded retirement savings plan for your financial security. So let’s talk about how to start one FAST!

You’ve probably heard the old saying, Pay Yourself First, and that is some of the best business money management advice you will ever get. If you don’t pay you into a retirement savings plan, who will? So how do you do that? Here’s how.
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