Recent Posts by Philip Campbell

The Single Most Important Question a Business Owner Must Answer

Pretend for a minute that I am an investor in your business. Here’s the background. You’re running a business you love. You’re passionate about your product and your customers. You’re working your butt off to make it successful. You’re dealing with the problems that come with having employees (a little bit like running a daycare…
Read more

It’s All About the Cash Says Warren Buffett and Charlie Munger

Have you thought recently about how much money you have riding on the success of your business? Or exactly how you will ultimately measure the financial success of your business? Chances are that between the money you have put into your business, the money you have borrowed and the obligations you have personally guaranteed you…
Read more

Understanding the Drivers of Cash Flow – Accounts Receivable

When you are trying to understand (or explain) the difference between your profit for the month and the actual change in your cash for that same month, accounts receivable will usually be a part of the story. You have accounts receivable when you sell your products or services on terms such that the customer does…
Read more

The Power of the Cash Flow Focus Report – Part 2

In my last post, I introduced you to the Cash Flow Focus Report. It is a simple, common sense approach to understanding your cash flow that only takes 10 minutes a month. It is designed to bring focus to your cash flow and simplify your life (especially when it comes to understanding and managing cash…
Read more

The Power of the Cash Flow Focus Report

Do you feel like you have the cash flow of your business under control? I asked that question of small business owners when I wrote the book Never Run Out of Cash. What percentage of them would you think said no? It was 82%. Puts you in pretty good company doesn’t it! There are four…
Read more

Recent Comments by Philip Campbell

No comments by Philip Campbell yet.