Recent Posts by EVELYN IVY

Fix or Replace?

  We have often been faced with the decision to buy a new product or fix the one we have. But how do you know which option will leave more cash in our pockets. Throwing money at a bad product could get quite expensive. At the same time, just because a product is broken does not mean replacing it will be the better cost savings. To make a good decision
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Busy but unproductive!

As entrepreneurs we sometimes confuse busyness with productivity. Busy means having a lot to do while productive means getting a lot done. We never have a problem with being busy, no matter how unproductive we are. Most materials about productivity have to with having a list, setting goals, etc. While all those things are important, being productive boils down to your willingness to do the boring stuff. Busyness is easy
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What does it mean to truly live?

W. H. Davies Leisure WHAT is this life if, full of care, We have no time to stand and stare? — No time to stand beneath the boughs, And stare as long as sheep and cows: No time to see, when woods we pass, Where squirrels hide their nuts in grass: No time to see, in broad daylight, Streams full of stars, like skies at night: No time to turn at
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Real Differences between Profit and Cash

Anyone who has run a business knows there is a big difference between profit and cash. Profit is an accounting term while cash is what you can actually spend. You need cash to run your business, however without profits you cannot get excess cash. While the two terms are related, they do not always happen at the same time. After all, it is not unheard of to see broke profitable
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Cash flow forecast

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