Dirty Money? Part 2

"From birth to 18, a girl needs good parents. From 18 to 35, she needs good looks. From 35 to 55, good personality. From 55 on, she needs good cash. I'm saving my money." - Sophie Tucker

I loved, absolutely loved, the discussion about money at the Marigold Forum Lunch last week. As is our way, the conversation weaved its way from business to personal and back again, with the group getting increasing comfortable with each other and the topic. Do we pay down our debt or stash or cash (do your debt duty, but stash any extra cash was the consensus)?

How do we better collect on accounts receivables? Stay on top of them and make it personal. Don't let unpaid invoices go unacknowledged. How do we increase cash flow? Invoice customers when the work is done, not just at the end of the month. Send reminders more often. Be light-hearted in your invoice reminders but make your point.

So much great information was shared by women who are in the trenches of their business and household finances. Thank you to those of you who participated!! And, a big open armed invitation to attend our next Forum Lunch which will focus on when it is the right time to expand your business. New services, products, employees, buying a building, etc... Whatever form it takes, timing is crucial
Mighty Oaks from Little Acorns Grow; Is it Time to Grow Your Business?
April 23, 11AM-1PM- Elks Lodge

Register here