Cash flow business

Cash In On Cash Flow: How to Make Full-Time Income with Part-Time Effort in America's Hottest New Business Cash flow business This book is written in the style of the "make a fortune in real estate" guides that flourished during the 1980s. Pino, who heads a training organization in Florida, argues that he's on to the next financial craze: buying receivables at a discount. Though the concept is hardly new?factoring, owner financing and pawn shops are three variations?the rise of lotteries and structured insurance settlement payments have added glamour to the idea. Using straightforward language and even simpler examples, Pino explains that there is a major difference between having assets and having cash, and that often people are eager to sell assets at a discount to realize money immediately. The author does an excellent job of explaining how the industry?and this is indeed now an industry?works, but he underplays the problems: some structured payments and lotteries don't allow the assigning of benefits, and there is no guarantee that a receivable bought at a discount will return the amount you are owed. Copyright 1998 Reed Business Information, Inc. Review Gary Collins Larry Pino's cash flow system truly is the very best. It is one of the most remarkable financial opportunities I have ever seen. -- Review " Cash In On Cash Flow is one of the most clearly written and well organized books that I have ever read on business opportunities or investing. Mr. Pino presents an excellent overview of the entire cash flow industry. At the same time, he explains the initial step-by-step actions required for one to profit from brokering and/or investing in each type of cash flow. This book was written by someone who has learned his subject through practical experience. Mr. Pino also possesses, a sometimes rare gift among authors, the ability to teach others. I would recommend this book to anyone who is interested in the cash flow and discounted paper businesses." " I've been a Note Broker/Cash Flow Specialist for 4 years now and I refer all of my trainees to this book. It's very detailed in defining the main debt instruments that dominate the industry and pointing you in the right direction of who to network with in order to generate business. The one thing I disagree with is that the author claims you'll succeed part-time. Like any other profession, this one requires a lot of time and effort. And anyone who has experience brokering anything knows that good brokers make dozens, if not hundreds, of calls per day. If you like speaking over the phone and have the time, then this business will easily add a good $20-$40K to your annual income, possibly more." " Larry Pino's book is an extremely easy read, explaining the cash flow industry in layman's language. Too often, books dealing with finances confuse you and turn you off to the possibilities of what you can do and can't do with your money. This book explains, very simply, the many ways that you can make money without having money of your own.. I like that, andI I have recommended the book to many of my friends. They have actually thanked me for recommending the book to them. I would recommend it for anyone who is interested in improving the quality of their life witiout bing a genius with finances." ---------------------------------------------------- Cash Flow Questions - Improving Your Business Cash Flow? * How much of my profit should I put back into my business? Basically, the profit that you get from your business is considered to be your savings and may be used to fund other things such as loans and mortgages. However, in cases where you plan to expand your business, you can utilize the profit that you have earned. As to how much profit you will allot to your business, it will depend on the expansion you have planned. Things such as additional equipment (particularly in a production-type business) and personnel should be taken into consideration. After you have determined these things, you can now calculate the total cost you will incur from such expansion. You can now decide on the percentage of the profit that will go back to your business. * My business is experiencing fast growth. How can I make sure my cash flow can sustain that growth? There are basic rules for making sure your cash flow can sustain the growth of your business. These are discussed in the following: 1. Make sure your cash flow is updated with changes that happen in your business. Since your business is expanding, it is imperative that you have a good grasp of your cash inflow and outflow. 2. Always watch your cash balance. Do not neglect this. Although your business is growing, there will be instances when you need additional capital to finance your expenditures. Remember that your cash balance is part of your cash outflow. 3. Determine if your cash inflow, whatever your time table may be, is enough to sustain your growing business. 4. Use a professional such as an accoutant to help you with your cash flow. Although an expense, his or her expertise can be invaluable and save you money in the end. * What are some ways I can improve my business cash flow? It is important that you consider your business' cash flow. Remember that the progress of your business is dependent upon how well you manage your cash inflow and cash outflow. Here are some ideas for you to improve your cash flow. 1. Create an automated system that will bill your projects on a regular basis. It is very easy to fall behind if you do not automate this task. As the owner of your business, you are so busy building your business and making deadlines that you may not get around to billing. You may put it off. It can cause penalties for due payments. If you are taking a long-term project, it is best that you discuss in advance regular payments rather than one lump sum due at completion of a contract. 2. You should consider offering your clients a discount for quick payments. Giving incentives is one strategy that is relatively effective in improving your business’ cash flow. 3. If you want to avoid cash flow problems, having fast-paying clients is your ultimate goal. Check the credit references of your clients. Contact the businesses these individuals have dealt with in the past. 4. In case you are still financing your business from capital you have borrowed, it is often best to consider consolidating your loans. Debt consolidation can give you lower-interest payments that will help you avoid cramming on monthly obligations with your suppliers and staff. * How can I use factoring to improve my cash flow? Factoring is a form of loan which advances money to a company as it issues new invoices. It is quite helpful in improving your cash flow because you can borrow a certain amount that grows with your sales. It enables you to fund possible expansions of your business since you need to pay your suppliers before you receive payments from your clients. Charly Applegate is a regular contributor to cash flow and fuding-related resources such as Cash Flow Index. Website: http://www.CashFlowIndex.com