How much pain can you take before you act on your cash flow?

English: Fish seller in Kalk Bay, Cape Peninsu...
Fish sellers in Kalk Bay, Cape Peninsula, South Africa (Photo credit: Wikipedia)

One Christmas morning not too long ago I was walking after church with my children in Kalk Bay when I came across an old friend who I had fished with on the wooden commercial fishing boats when I was growing up. He looked in a bad way. One leg of his denim jeans was ripped. He had a gash on his big toe. His face said it all: he had a dreadful night alone on Christmas Eve.

I shook hands with my old fisherman friend and wished him Merry Christmas. We spoke briefly about fishing. There was a promise that someday we’d fish again on one of the commercial boats that go out from Kalk Bay hunting for yellowtail and snoek. Continue reading “How much pain can you take before you act on your cash flow?”

I wish people didn’t have to make money this way

 Photo credit: Andrew Taylor aka andytuwphoto
Photo credit: Andrew Taylor aka andytuwphoto

There are 10 ways to more effectively manage your cash flow before it gets out of hand … you’ll find the ways below.

Onward with the story…

When I was 15 years old I had a boat that I used to row out to the reef just outside my house to catch Red Roman off Kalk Bay.

Unless you knew the exact location of the reef, you were unlikely to catch anything. My father had shown me on earlier occasions going out to sea in his ski boat how to locate the reef. From the sea the marker was a row of three chimneys – the chimneys of houses against the mountain side at different levels that you needed to line up. Continue reading “I wish people didn’t have to make money this way”

Small businesses owners living close to the edge need to act fast

It’s just amazing how the cost of doing business has risen. Consider fuel costs – they have sky rocketed  Electricity prices have gone through the roof. Rentals, wages and business services are all shooting up. The inflation rate running around 5,8% lulls one into thinking that everything is not as bad as it seems. But costs of products and services that are essential for doing business are increasing at an alarming rate. Continue reading “Small businesses owners living close to the edge need to act fast”