Most business owners assume that profit means safety — that as long as they’re selling, they’re fine. But cash flow doesn’t care about your income statement. I’ve seen companies with 30% profit margins go broke because they didn’t understand one simple thing: Timing kills businesses, not numbers. Here’s what I mean. 1. Profit is just … Continue reading Why Most Small Businesses Run Out of Cash (Even When They are Profitable)
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Keeping Busy is Not Making Money
We’ve all seen it — and maybe done it ourselves. You spend hours designing a logo, tweaking a website, ordering business cards, setting up social media pages… and at the end of the week, you feel exhausted. You tell yourself you’ve “worked hard” on your business. But here’s the uncomfortable truth: none of that busywork … Continue reading Keeping Busy is Not Making Money
Small Business Entrepreneurs: Can They Really Make It?
I’ve seen it firsthand. Friends launch small businesses — some fail, some barely survive, and a few actually make something out of it. If we go by the stats, the odds are brutal. They say 1 out of 10 survives the first year. But why? First: Most “Small Businesses” Aren’t Really Businesses They’re self-employment. And … Continue reading Small Business Entrepreneurs: Can They Really Make It?
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