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Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 2:43am On Oct 22, 2019 |
Doing Business in Nigeria or elsewhere require money. Without money one cant't run a successsful and profitable business.Just as human can not survive without blood in their body,so also business cannot survive without money. Renting shops to buying inventory, raw materials, transportation , paying for advert to paying salaries require money.Hence the importance of cashflow in business cannot be overemphasize.. Most people would not understand what is cashflow in business. Many a new business owner has asked, “What is cash flow and why is it so important?” The short answer is cash flow is the amount of money coming into a business and the amount of money going out. Think of it as a water tank: water comes in at the top and drains out the bottom. So to keep your tank nice and full, you want more coming in than going out. To be continued |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 10:16am On Oct 22, 2019 |
Good morning, greatminds. Sure we all had lovely night rest. We will be continuing with what cash flow is about later today... |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 2:12pm On Oct 22, 2019 |
When we talk about the positive cash flow we are talking about the amount of money coming into the business as inform of sales and profits. A business man must ever concerted effort to always increase sales.selling is the livewire of any venture. In our training we will be discussing different Chanel's of sales that brings in sales either online or offline We will be discussing about the negative cash flow later in the evening. Do not hesitate to ask questions or add your own contribution |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 8:26pm On Oct 22, 2019 |
Goodevening folks, still on business cashflow .The importance of cashflow cannot be overemphasize. Cash inflow is the lifeblood of your business and comes from sources like payments from customers, receipt of a loan, monetary infusion from an investor, or interest on savings or investments. Cash is also important because it later becomes the payment for things that make your business run: expenses like stock or raw materials, employees, rent and other operating expenses. Naturally, positive cash flow is preferred. Positive cash flow means your business is running smoothly. High positive cash flow is even better and will allow you to make new investments (hire employees, open another location) and further grow your business. We love that, right!?! Conversely, there’s negative cash flow: more money paying out than is coming in. |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 10:18am On Oct 23, 2019 |
How To Do Real Business In Nigeria, How you can set up your own distributorship business from ground floor to a profitable enviable height. We are going to to reveal to you how you can raise capital, that is money to start and expand your business. Do know, it is easy to raise a Million Naira by taking loan than to save a Million Naira. In addition, we will be revealing how you can sell your goods through FB and IG. This training will be taking place on WhatsApp on 30th Oct.2019 to run for 5 days Read more by following this link https:///2W8Nilo |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 8:41pm On Oct 23, 2019 |
We will be continuing our writ up in the morning |
Re: Business Require Money.what Blood Is To The Body ,that Is What Money Is To Busin by dguvnur(m): 9:36am On Oct 24, 2019 |
Goodmorning greatminds, we will be delving into the procedure through which one can access loan from commercial Banks,like Access Ban, STERLING Bank and so on, It is good to first understand what an assets and liablility are- we continue later in the evening. please leave comment and contributions |
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