Are you thinking about taking the leap and expanding your business but feel hesitant in doing so? Well, one reason may be that your cash and your cash flow aren’t working as efficiently as possible.
Today, we’re going to talk about how making your money more efficient could help you take on those risks with more confidence.
First, let’s take a look at what happens when your money isn’t working at peak efficiency. Basically, what happens when your money’s not working at peak efficiency, you have less cash flow. And when you have less cash flow, you’re less likely to take risks or expand your business because you’re always thinking of, “Okay, if I take this money and put it towards expanding the business, then I won’t have the money available for operating the business”.
And this could be the case even if you have a pile of cash sitting in the bank, it’s all about cash flow because cash flow is the lifeblood of any family or business.
Furthermore, when your money isn’t working at peak efficiency, it leaves you susceptible to the past decisions that you’ve made and the success or failure of those decisions. Because think of it, if those decisions don’t work out, that puts a further pinch on your cash flow and again, makes you more hesitant to take the risk, a risk that most business owners are willing to take the risk, because it’s usually a risk that they can control.
So what happens is once your cash flow gets pinched, it makes it harder and harder to make that jump in expanding your business because once you’re stuck, you tend to stay stuck because you’re not taking on those risks for expansion and growth.
So the key is to make your cash and your cash flow as efficient as possible so that you’re able to take on these opportunities for growth and expansion with a safety net.
Here’s how we do it. We look at four key areas of business wealth transfer taxes, how you’re funding the retirement, how you’re making major capital purchases, and how you’re handling your debt. And when you look at those four areas, it’s really clear as to where your inefficiencies are. That’s where we’re trained and that’s how we can help you.
Our unique process helps businesses make their money and their cash flow more efficient by using specially designed whole life insurance policies designed for cash accumulation that will give you full liquidity use and control of your money while still able to access it to grow your business and earn uninterrupted compound interest on that money.
In addition to that, we’re able to answer key questions like business exit strategy, business continuation, taking care of key employees, and more importantly, what happens to the business when a key employee dies?
Each and every one of these issues could make or break a business, and it’s important to address these issues while you have the cash flow flowing through your business and the wherewithal to make these decisions. What do you want to happen? Even if you’re not here to see it happen?
If you’d like to get started with a free cash flow analysis to see where you are giving up control of your business cash flow, be sure to visit our website at Tier1Capital.com to schedule your free strategy session today. We’d be happy to help.
Remember, it’s not how much money you make. It’s how much money you keep that really matters.