Today is the last day to get Volume 3 of my eBook series Managing Cash When You Haven’t Got Any: Practical Cash Flow Strategies for Small Business, Managing Accounts Receivable and Payroll FREE for Kindle on Amazon. Download your copy today!
Prefer a hard copy? A consolidated paperback version of Volumes 1 through 3 is now also available:
Is your business profitable – yet still you never seem to have enough cash?
Do you find yourself not knowing what to do with the cash you do have?
Are you constantly wondering whether you’re going to make payroll?
Are your vendors going unpaid and threatening to cut off your supplies?
Are your subcontractors refusing to work unless you pay them up front, worsening your already precarious cash situation?
Are your company credit cards and lines of credit maxed out, with no hope of borrowing more?
Are your employees irritable because you’ve reduced their benefits, and it’s been years since they’ve had a raise?
Are you irritable because you can’t stop worrying about money?
Are you wasting your precious dollars on interest and late fees, making it impossible for you to ever catch up?
Have you just started your business and find yourself running out of capital already?
Do you find yourself thinking, “I know we could succeed if only we could only pull ourselves out of this hole!”
If so, the Managing Cash When You Haven’t Got Any series is for you!
In Volume 3 of the series, I discuss how best to manage your Accounts Receivable and Payroll with the aim of maintaining good cash flow. I will tell you:
The importance of accurately predicting your inflows in creating a manageable cash flow plan.
How to use calculate how much money you’ll have coming in and when you can reasonably expect it.
Setting monthly Accounts Receivable and cash projections and goals and how doing so can both create incentives for your employees and help you to predict how your month is going to go.
Suggestions for tweaking an Accounts Receivable schedule that always leaves you cash-poor.
The pros and cons of various methods for encouraging your customers to pay you early or on time – accepting credit card payments, offering cash discounts, etc.
How and why you should turn maintaining cash inflows into a cooperative company-wide endeavor.
Why you should empower as many people in your firm to collect payments as you safely can and how to do so without sacrificing security.
The “No, we’re not desperate” plea for money and why you need to master it.
How properly setting payment expectations with your customers from the start will help to ensure that you get paid in full and on time.
How to approach collecting from private individuals versus collecting from businesses.
When to bring in the “big guns” in collections – and how using their ammunition sparingly can make it more effective.
How to make employees who are uncomfortable with the collections process more at ease when it comes to asking for money.
Lies I’ve heard collection people tell – which ones worked and which ones didn’t.
How to select a payroll schedule that works best for your firm.
How changing your current payroll schedule may solve some of your company’s cash flow problems – and possibly create others.
The differential cost of having more frequent or less frequent payrolls.
How payroll services are robbing you of control over your cash flow, and when it’s time to take it back.
Tips for minimizing your worker’s compensation expense and making sure you don’t get hit with a giant bill when your policy ends.
Understanding payroll taxes – the comparatively small expense that can have a disproportionately large impact on your cash flow.
Why not paying your payroll taxes is a really bad idea – and what to do if you haven’t.
How to deal with the IRS and other government agencies if you haven’t fulfilled your payroll or other tax obligations.
As always, the book is also FREE with Kindle Unlimited.
I was raised without religion. My mother was a lapsed Catholic, my father a lapsed Protestant. My understanding of Easter as a child was that it was that day you ate ham (as opposed to Christmas, which was that other day you ate turkey). I have been to regular church services exactly four times in my life, and I can’t say I remember much about them – except for the hymns. For that matter, I’ve been to Passover services exactly four times, too, with my ex-girlfriend. I seem to remember liking the music there, too.
In other words, apart from the singing, when it comes to the Judeo-Christian tradition, I haven’t a clue. I could not – and still cannot – tell you the difference between a Presbyterian and an Episcopalian or a Methodist and a Baptist. In addition, I grew up in New England, in an area where Jews were nearly as prevalent as Christians, and seemed to have nearly as many variations on their religious tradition as the Christians did. All of these different people, so much alike in their non-religious lives, yet each of them carrying a torch for some particular branch of a faith, the nuances of which I couldn’t begin to understand. What could they all have in common? The Bible, of course.
So I decided to read it. Yes, I read it, the whole thing, even the really boring parts about who begat whom ad infinitum. And you know what? It turns out that The Bible is really pretty interesting – particularly when you know next to nothing about the religions that use it as a basis for their doctrine and faith. And so I sat down and began analyzing what The Bible said to me as a layperson, someone with no emotional or historical attachment to its teachings and tenets. These volumes are the result of that analysis.
It is not my intention to judge the value, relevance, or accuracy of what The Bible says, nor do I pretend to be a religious scholar of any sort with special knowledge of biblical interpretation or history. Rather, I examine the meaning of what The Bible says to ME, an ordinary twenty-first century person without religious training or knowledge who has picked up The Good Book for the first time and said to himself, “Well, look at that! Who’d have thought that was in there all along?”
I had a lot of fun digging these gems out of our most famous work of literature, and I hope you’ll have fun reading them, too. This first volume is on everyone’s favorite subject: SEXUALITY. What does The Bible really say about homosexuality? About adultery, chastity, and incest? If you’re a layperson like me, I think you may be surprised by just what’s contained in those two testaments – and the impact those words have had upon our society down to this day.