Everyone is talking about cash flow these days. The question to ask yourself is are you proactively managing cash flow?
1. Do you already have a line of credit in place should you need it?
2. Are you collecting payments quickly to keep cash flowing through your business?
3. Are you pacing out expenses, so you don’t have a surge of expenses in a particular month?
You can answer these questions with the advice of a SCORE business counselor, who can help you analyze your cash flow and map out a plan. A plan to help you steady the cash flowing in and out of your business.
Ask a SCORE mentor now
Download a cashflow planning template
Take a cash flow workshop: Creating a Cash Reserve
The latest place to network or interact with others for business is online. Here’s an alphabetical list of business-related forums, online communities and social networking websites:
Biznik “The business networking community where collaboration beats competition.” The tagline is “business networking that doesn’t suck.” Their approach is aimed more at entrepreneurs and business owners than employees looking for a job. Has different communities for major cities in the U.S. http://www.biznik.com/
Cofoundr is a private community for entrepreneurs. It “helps members find co-founders, as well as to build teams and network with other entrepreneurs.” http://www.cofoundr.com/
Ecademy “a social network for business people founded in 1998 now with over 150,000 member profiles worldwide. It is unique as business people connect both online on the web site and offline at events and 1-2-1 meetings.” http://www.ecademy.com/
Ideablob.com “where entrepreneurs and small business owners can share and grow their business ideas – and have a chance to win $10,000 towards fulfilling them.” http://www.ideablob.com/ more…