Category Archives: Cash Flow

A New Year! A New Plan! ~ Financial Review

We are really excited to introduce our series for the month of December: A New Year!  A New Plan! Over the next 3 weeks we will be helping you put together a plan for 2012.  This week, we’ll be examining our past.  In week 2, we’ll be focused on the present.  And, in week 3,...

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Saving for Slow Season

Yesterday, we tackled strategies for paying yourself.  These were my recommendations for ensuring that you, as the business owner, get paid for all the work you do.  Sweat equity isn’t going to cut it! Another thing I want you to be do is create a business savings account.  Most wedding businesses are seasonal.  One of...

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Paying Yourself

Today’s post is for those of you newer to business.  I assume if you have been in business for 3+ years, you’ve learned a system for paying yourself.  Those early years are critical at getting your business to the point where you CAN pay yourself and creating a strategy to do so.  I don’t like...

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Tracking Inquiries, Sales, and Cash Flow

This week we are discussing the concept of having a lull in your inquiries and sales.  This is a slow-down in business when you least expect it.  (Make sure to revisit yesterday’s post to catch up.)  We want to get a handle on this. Now… let me set the record straight.  You don’t often have...

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Do You Have a Lull in Sales?

It happens every year.  We start the year with a bang.  In January and February inquiries come in steadily and (hopefully) quickly.  Things are going well.  You are on fire! And, then… “BAM!”  Silence.  {{{crickets chirping}}}  The pace of inquiries slows down.  The phone isn’t ringing as often.  The pace of emails from new clients...

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