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Managing Money & Business


Suggested Video.
​MS Cash Flow And Importance.
  • You can't spend profits.
  • Paying bills needs a positive cash flow.
  • Problems come from too much stock on hand, people not paying on time, spending too long on unpaid activities and poor or inefficient invoicing.
  • Predict problems.
  • Understand the relationship between profit and cash flow.
  • Understand the impact of fixed and variable costs.
Wellness.
  • Be patient:  Learning about accounts can take time but you need to do it.  The first lesson is never to get behind or 'sloppy' with your financial paperwork.  Take your time and make sure you get everything done properly.  
  • ​Live in the moment:  If/​when things start to get difficult, concentrate on whats happening now.  Don't use past successes to underpin your 'hope' that things will get better -  'Hope for the best but plan for the worst'.
  • Become aware:  You need to know everything about your businesses finances.  Don't let banks, accountants or consultants lead you around 'blindfolded'. 
  • Be happy:  Cash flow problems are inevitable, being able to predict them will make things easier - you will be happy that you haven't been caught out.
Calculator, coins, glasses and pen sat on top of cashflow, income and expenses forms.

What's Next?

I read somewhere that you know a company has lost its way when it buys a company jet.  To me this just emphasises one of the overriding principles I apply to everything I do:  Know where you want to go (your aim) and work out the best way to get there (your objectives).
  1. Make time to keep on top of your finances.
  2. Make time to learn about running a business.
  3. Avoid being swamped by things that don't matter.  Only give time to things that directly benefit your business.
  4. Recognise that the primary role of a small business owner is to grow the company.  Day-to-day, for small businesses, this often means generating sales and keeping customers happy. 
Suggested Video.
The Hard Truth about Running a Small Business.
A final point. The battle I often have is convincing owners that they should not be doing anything that can be delegated to others.  One-man-bands invariably have problems at home, work or both.  Start-ups are slightly different.  I accept that some money has to be generated before help can be brought in but the principle is the same.  As soon as you can get someone else to do the things that distract you.
Hello,

'"Success through team strength and professionalism..."

The content of this website is based on my experience, education and the hundreds of coaching sessions I have delivered in the real world and online.  Through these pages I hope to help with common problems faced in the workplace especially in team oriented environments.

Coach Walsh 2021.

Please Note;
  1. ​Unless otherwise stated, the use of third party videos on this website in no way implies any support or backing of the individuals/organisations involved.  They are just informative videos chosen for their quality and educational value.
  2. Any observations or comments I make that reference third-party works are to be taken as MY understanding of that work.  For this reason all writing should be taken as a personal commentary that may not be accurate and may not accurately reflect the views of the authors and/or publishers. 

This website is owned and operated by James Image Management Limited. Copyright 2012 - 2022. All Rights Reserved.

NOTE:  I am constantly updating and proofreading the website.  It is a big job and mistakes are sometimes overlooked.  If you spot any errors or broken links, it would be a great help if you email me and let me know.
  • Home +
    • Cookie Policy
    • Search Page
    • Blog
    • Podcasts
    • Book Appointment
    • Payment Page
    • Business Opportunities >
      • Business Basics Videos
      • Business Resources
    • Sponsor Members >
      • Sponsor Members Blog
    • Suggested Video List
    • Suggested Reading
    • Contact
    • Health And Wellness >
      • The surprising science of happiness
    • Acknowledgements
  • About
    • 469BCe - Our Name?
  • Coaching Pages
    • Workplace Coaching Pages >
      • How To Recognise Potential
      • How To Develop In-house Coaches 469BCe.com Business Coaching & Personal development
      • How To Coach A High Performing Superstar
      • What Are Personality Types? 469BCe.com Business Coaching & Personal development
      • How To Develop A Marketing Strategy
      • How To Grow Your Passion
      • How To Deliver Feedback
      • Understanding Leadership Responsibility
      • How To Live in the Moment
      • How To Motivate Others
      • Developing Powers Of Persuasion
      • Why People Need Recognition
    • Public Speaking >
      • Public Speaking Overview
      • How to Speak Naturally in Public
    • Build a Business >
      • Customer Acquisition
      • Customer Retention
      • Change Management
      • Negotiation Skills
      • Find out if you are a dictator
      • Team Building
      • Communicating Successfully
      • Leadership Styles
      • Strategic thinking
      • Productivity
      • Problem solving
      • Being Assertive
      • Networking
      • Conflict resolution
      • Influence and Power
      • Motivation
      • Performance Assessment
    • Soft Skills Selling >
      • Practical Sales Skills
    • Work From Home >
      • Work Home Environment
      • Time Management
      • Technology
      • Routine & Discipline
      • Business Insurance
      • Building Your Business
      • Mindfulness
      • WORK + HOME = LIFE
      • Managing Money & Business
      • What is Success?
      • Managing Expectations
      • Communicating With Clients
      • Contingency Planning
      • Succession planning
    • General Coaching
  • WBUK
  • Team Building Day
  • Private Coaching
    • Workplace Coaching
    • Team Building
    • Life Coaching & Executive Development
    • Introduction Public Speaking
    • Financial Education
  • Scorchers
    • 1 X 1
    • Diary 2021-22
    • Diary 2019-20
    • Winning mentality
    • Performance anxiety and stress
    • Ethics and morals
    • Autonomy vs Team
    • Self Image
    • Making time for family and friends.
    • Relationships with teammates
    • Trust and knowing who to listen to
  • Shop