A day in the life of..

This is my first blog entry and I aim to mix business issues with general musings that I hope will interest readers.

Today was an ordinary day as far as business was concerned. I saw two clients one that was well run and had some interesting thoughts on the internet websites blogs and all. This is what triggered me to start this one.

The other, new client for whom I was carrying out a business healthcheck has got themselves into all sorts of personal and business debts that will be difficult to recover from. It never ceases to amaze me that people persist in trying to run their business without one eye on the financials. This business has been run on negative cash flow for sometime and whatever resources the owner had have now gone to the extent that he has entered a voluntary arrangement with his creditors. I do not think I shall be seeing this client again! (Not least because they cannot pay my very modest fees)

If nothing else if you run your own business look after cash as profit is sanity and turnover is vanity!