This week I will focus on cash flow and what I have learned :)
Cash flow in a business sense looks at how much is going out and how much is going in, plus what is left over.
what is left over is profit :) Unless you undersell yourself then you will have a negative cash flow or nothing left over or worse you OWE!!!! :(
This week I have managed to stay above the water, very few can make this statement, however and I use this statement lightly as I still have to use 80% of my next paycheck for materials for the next four chairs :( but I must keep on if I still want to turn out a profitable business.
Another not so smart move I made was switching web host I left my web host I have had for two years and switched to a cheaper one that boasted a better web hosting experience , well they suck and I am going to switch back shortly , the main reason is nobody including myself can easily find my business page, to be submitted to Google you must pay 53.99 for a tool that submits keywords and your domain name, with my former host they did this free – you get what you pay for :( However a friend and I are going to go over web designs and hopefully be up and running by the end of this month.
The key lesson is there is no get rich quick businesses , no free rides, and you must accept the good, the bad, and the ugly if you decide to go into business :)
Until next week Enjoy !!!!!
-- Proverbs Ch:3 vs 5,6,7 Trust in the lord with all thine heart and lean not unto your own understanding but in all your ways aknowledge him and he shall direct your path firstname.lastname@example.org