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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.

Dental practice cash management is one of the most critical administrative functions to maintaining the financial health of the dental practice. Unfortunately, dental practice cash management is not adequately taught in any dental school.

The practice owner may get a short course on accounting, but accounting is NOT cash management planning. There’s a big difference between the two.

The only thing an accounting program can do is tell the dental practice owner what happened in the past – how much money came in and where it was spent. So if a practice owner is looking at how much it has cost them to make payroll and pay the bills, and that is the income target they are going after, then they are aiming for a break even target. As costs go up they tend to start losing money. Then they just pay bills as they get them. So, in essence, the cash flow controls the dentist, rather than the dentist controlling the cash flow. (more…)

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.

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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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: 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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