Comments on: Cash Flow – Are You Aware Of Business Costs? http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/ freelance writing by a freelance writer that works in the freelance writing field Sat, 19 May 2012 09:11:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Monika http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6401 Monika Fri, 12 Sep 2008 03:15:16 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6401 @ Wendi: Wow, you certainly have built some professional clout over the years! Good on you. I never knew this. It's great to get to know you some more Wendi, I appreciate your are sharing this with me and my readers. @ Wendi: Wow, you certainly have built some professional clout over the years! Good on you. I never knew this. It’s great to get to know you some more Wendi, I appreciate your are sharing this with me and my readers.

]]> By: Wendi Kelly-Life's Little Inspirations http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6394 Wendi Kelly-Life's Little Inspirations Thu, 11 Sep 2008 19:15:22 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6394 Monika, For some reason I must not have been subscribed to comments on this. No, I am not an accountant. I have been the owner/manager of two succesful small businesses for well over 25 years. One in the hairdressing business for our family ( still ongoing) and one in real estate that was extremely successful to the extent that I incorporated and hired employees to take it over and then retired when I got married last year. Although not an accountant, I learned a lot about running a business profitably, marketing, making sound business choices, and the difficulties involved in working for yourself as a business owner. An accountant specializes in numbers. I specialized in people and how to best leverage your talents, skill and time to best save your money and make money in the shortest time possible. Monika,
For some reason I must not have been subscribed to comments on this. No, I am not an accountant. I have been the owner/manager of two succesful small businesses for well over 25 years. One in the hairdressing business for our family ( still ongoing) and one in real estate that was extremely successful to the extent that I incorporated and hired employees to take it over and then retired when I got married last year. Although not an accountant, I learned a lot about running a business profitably, marketing, making sound business choices, and the difficulties involved in working for yourself as a business owner. An accountant specializes in numbers. I specialized in people and how to best leverage your talents, skill and time to best save your money and make money in the shortest time possible.

]]> By: Kelly http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6368 Kelly Thu, 11 Sep 2008 04:36:56 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6368 I think a freelance writer is good business as it needs less cost. Too bad I am not good at writing. I'm now looking for a good business which doe not need big money at initial stage. I think a freelance writer is good business as it needs less cost. Too bad I am not good at writing. I’m now looking for a good business which doe not need big money at initial stage.

]]> By: Cath Lawson http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6353 Cath Lawson Wed, 10 Sep 2008 20:28:16 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6353 Hi Monika - I can see how you got burned in MLM. A lot of these companies are keen to tell you how much you sell, but they don't tell you about net profits. I had someone comment on my blog yesterday that they were the biggest online jeweller in the UK. I did some research and out of £1.6 million turnover they only made £3400 profit. Hi Monika – I can see how you got burned in MLM. A lot of these companies are keen to tell you how much you sell, but they don’t tell you about net profits.

I had someone comment on my blog yesterday that they were the biggest online jeweller in the UK. I did some research and out of £1.6 million turnover they only made £3400 profit.

]]> By: Monika http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6350 Monika Wed, 10 Sep 2008 17:06:26 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6350 Monika, Great post! Certainly a situation that most of us are in, have been in, or - will find ourselves in. But, I must say, IT IS SO GOOD TO HAVE YOU BACK! Thanks, Rita Monika,

Great post! Certainly a situation that most of us are in, have been in, or – will find ourselves in.

But, I must say, IT IS SO GOOD TO HAVE YOU BACK!

Thanks,

Rita

]]> By: Writer Dad http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6346 Writer Dad Wed, 10 Sep 2008 15:18:24 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6346 Thanks. I'm sure it will. Thanks. I’m sure it will.

]]> By: steph http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6344 steph Wed, 10 Sep 2008 14:36:52 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6344 Very good topic and post! Because we need every penny right now, my insufficient income gets absorbed quickly and is spent on groceries, bills, etc. Thus it's hard for me to think of spending less than I make. I have few overhead costs in general as a freelance editor, but I did have to pay - am still paying - what I consider an arm and a leg for EditQuest. And I just had to buy a new computer since my other one gave up the ghost. So definitely my aim is gain clients enough to keep me busy but also help us gain a leg up so we have more money than we need. I would like to have my EQ setup expenses covered within the first two or three jobs alone, but how does that work when your money goes straight to covering other stuff? Very good topic and post! Because we need every penny right now, my insufficient income gets absorbed quickly and is spent on groceries, bills, etc. Thus it’s hard for me to think of spending less than I make. I have few overhead costs in general as a freelance editor, but I did have to pay – am still paying – what I consider an arm and a leg for EditQuest. And I just had to buy a new computer since my other one gave up the ghost.

So definitely my aim is gain clients enough to keep me busy but also help us gain a leg up so we have more money than we need. I would like to have my EQ setup expenses covered within the first two or three jobs alone, but how does that work when your money goes straight to covering other stuff?

]]> By: Monika http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6342 Monika Wed, 10 Sep 2008 12:48:54 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6342 @ Bcarter: Exactly. I found that out the hard way. Definitely not a pretty situation to be in. I also have to tell you how impressed I am by your guts to fight your hubby's addiction. Wow, you go lady. Many people in the same situation would have done a runner. Even more respect to you Brenda! @ Bcarter: Exactly. I found that out the hard way. Definitely not a pretty situation to be in.

I also have to tell you how impressed I am by your guts to fight your hubby’s addiction. Wow, you go lady. Many people in the same situation would have done a runner. Even more respect to you Brenda!

]]> By: Monika http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6341 Monika Wed, 10 Sep 2008 12:44:13 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6341 @ Alex: I suppose we learn best by making mistakes. It just hurts even more when they affect the bottom line. In the end though, we can always make back money but our health can't be manipulated. I also built this business entirely free of cost. I haven't paid a single cent for any marketing. The one thing though I have invested in truckloads is time. In hindsight I have to say it was worth the effort and cost nothing. Talking about poor advertising decisions, my, you name it, I've done it. ;-) @ Alex: I suppose we learn best by making mistakes. It just hurts even more when they affect the bottom line. In the end though, we can always make back money but our health can’t be manipulated.

I also built this business entirely free of cost. I haven’t paid a single cent for any marketing. The one thing though I have invested in truckloads is time. In hindsight I have to say it was worth the effort and cost nothing.

Talking about poor advertising decisions, my, you name it, I’ve done it. ;-)

]]> By: Monika http://www.thewritersmanifesto.com/blog/2008/09/09/cash-flow-are-you-aware-of-business-costs/comment-page-1/#comment-6340 Monika Wed, 10 Sep 2008 12:41:02 +0000 http://www.thewritersmanifesto.com/blog/?p=711#comment-6340 @ Wendi: You are very smart with cash flow predictions by the sounds of it. Are you an accountant in any way? Sorry maybe I should know this but I don't. Oops. Your comments are value packed with all kinds of monetary meanings. I wish I'd knew that a few years ago. As for your comment, that was the least I could do since you DID inspire me to write this post. @ Wendi: You are very smart with cash flow predictions by the sounds of it. Are you an accountant in any way? Sorry maybe I should know this but I don’t. Oops.

Your comments are value packed with all kinds of monetary meanings. I wish I’d knew that a few years ago.

As for your comment, that was the least I could do since you DID inspire me to write this post.

]]>