In business cash flow is critical. The businesses where stress can overwhelm you are usually poor cash flow businesses.
One element that most successful business models possess is cash flow, predictable revenues and an element of extreme predictability.
Cash flow is critical to success.
written by Bradford Richdale copyright 2011 all rights reserved
story also found at Brad Richdale for: Brad Richdale
Showing posts with label BUSINESS MODELS. Show all posts
Showing posts with label BUSINESS MODELS. Show all posts
Thursday, August 18, 2011
CASH FLOW MODELING BY BRAD RICHDALE
In business cash flow is critical. The businesses where stress can overwhelm you are usually poor cash flow businesses.
One element that most successful business models possess is cash flow, predictable revenues and an element of extreme predictability.
Cash flow is critical to success.
Brad Richdale copyright 2011 all rights reserved
blog founded by Bradford Richdale
Brad Richdale is the creative creator of the Brad Richdale Internet Yellow Pages
Margins Are Tantamount To Success BY BRADFORD RICHDALE
Often the biggest culprit in a business venture is margins.
I wouldn't touch a business with less than a 10:1 margin (sales price to cost ratio).
Why? I've failed with bad margins, moreover the greatest successes in business have one common element, great margins.
Look at the drug industry, make a pill for 10 cents and sell it for $10. Bad margins increase the chance of failure.
written by Brad Richdale copyright 2011 all rights reserved
blog founded by Bradford Richdale 2011
I wouldn't touch a business with less than a 10:1 margin (sales price to cost ratio).
Why? I've failed with bad margins, moreover the greatest successes in business have one common element, great margins.
Look at the drug industry, make a pill for 10 cents and sell it for $10. Bad margins increase the chance of failure.
written by Brad Richdale copyright 2011 all rights reserved
blog founded by Bradford Richdale 2011
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