Wow, The Busy Tax Season is over; we're back to Normal Business
Activities. I would like to share with you, how you can always be in Demand and
get paid what you're worth.
I visited an Eyebrow Threading Specialist recently and was
amazed at how she attended to her Clients and the artistic way, she used the
popular Thread, that we're all used to shape her Clients' Eyebrows. This was so
amazing to me and it was funny, that as simple as it looked, she was making
"Big Bucks" from this Trade, with all the Clients waiting to have
their Eyebrow shaped and to think, that was all she did for a living was even
the eighth month of the Year, We are gradually getting to the end of the year,
and soon it will be time for Year End Reports. In our last Newsletter, We
discussed the concept of Cash Flow and how it affects our Business Operations;
this month, we will be looking at tips to manage our Business Cash Flow.
Being in Business for yourself is like being an Air traffic controller,
especially in the area of cash flow management ; You can imagine trying to
control 100 Airplanes landing simultaneously on two runways; this can be
an upheaval task, but we regularly see clients line up their monthly bills,
their projected income, business projects and business expenses and try to
combine all these activities, at the same time, trying to ensure a
steady cash flow into the business; you can imagine, the projected
outcome, if all these activities are not properly coordinated.
Recently, I was discussing with a friend, who was competing with her sister in selling their hand made beads. The conversation was about raising her prices from ten cents to twenty five cents per bead. I asked her what she needed to achieve from the increase and what areas of her life, that she feels the increase will make an impact, hence asking her the five most important things that matters to her in life.
She thought about it, looked at me and said in this order: “First, My Family, then My House, Television, Candy and then Money”.