Entrepreneurs' Blog

Posts Tagged ‘Cash-Positive

In our experience at RCapital there are three key areas of weakness among business owners: a lack of understanding of the meaning of cash flow management; a tendency towards over trading; a reluctance to ask for advice from those who have had practical business experience – until it’s too late.

If we take a constructive look at why businesses fail we find one of the biggest reasons is overtrading. What does this mean? Well, when you think things are going great, you’ve getting lots of orders and contracts, you’re growing and growing and then suddenly it seems the business runs out of cash and you didn’t see that coming. Most businesses have a negative cash flow and if you have this you have very little room to manoeuvre and actually grow your business. Cash is king. I say it all the time.



  • Morgan Grage: I like this post, enjoyed this one regards for putting up. "No man is wise enough by himself." by Titus Maccius Plautus.
  • Derek: Brilliant article Bev, thanks for sharing. coincidentally the kilimamjaro example used is on my 2014 to do list! Ps thanks for the tips you gave me
  • jackson: thanks for your great article about developing your business idea to great business Jackson mutebi

About EBA

The Entrepreneurs' Business Academy is a unique and highly practical one stop resource for business owners and aspiring entrepreneurs, providing a range of courses , EVENTS and materials that give step-by-step guidance for entrepreneurs on their business journey. The EBA's courses have been put together by James Caan and Bev James MD of EBA and The Coaching Academy, and specifically designed to teach its participants the skills required to take an idea and turn it into a reality. Read more...

 

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