LumberJocks

Pleasure doing business

  • Advertise with us
Blog entry by sawblade1 posted 04-11-2010 05:24 AM 861 reads 0 times favorited 4 comments Add to Favorites Watch

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 elmerthomas81@neo.rr.com



4 comments so far

View SKFrog16's profile

SKFrog16

661 posts in 2663 days


#1 posted 04-11-2010 03:07 PM

There is nothing easy about staying in business. Hang in their, we learn from our experiences or so they say. Experiences don’t put food on the table or clothes on our backs. Good luck with your Web page redesign. We are in some strange economic times, but I think perseverance will win out. With summer coming, I am hoping for a new and better year ahead. Good Luck and Prosper.

-- Methods are many,Principles are few.Methods change often,Principles never do.

View Walt M.'s profile

Walt M.

245 posts in 2473 days


#2 posted 04-11-2010 04:05 PM

I’m glad you had a good week as summer approaches more people will want to be outdoors and needing some well made outdoor furniture.

Just a thought. My brother owns a small lamp repair business in Denver and he was telling me that if you have a Facebook page for your business you will get more hits off Google. I’ts free and make lots of friends who knows.

Have a blessed week.

View newplane's profile

newplane

159 posts in 3540 days


#3 posted 04-11-2010 08:53 PM

what was the original company that you used? I have a friend that wants to set up his own Self defense products web sight and he asked me suggestion. Thanks for your help. Stay in the good fight friend.

-- Dont just dream it, get up and live it!

View Beginningwoodworker's profile

Beginningwoodworker

13347 posts in 3135 days


#4 posted 04-11-2010 09:14 PM

There is nothing easy about being in business, you just have to take one step at a time.

Have your say...

You must be signed in to post the comments.

DISCLAIMER: Any posts on LJ are posted by individuals acting in their own right and do not necessarily reflect the views of LJ. LJ will not be held liable for the actions of any user.

Latest Projects | Latest Blog Entries | Latest Forum Topics

HomeRefurbers.com