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Free Cash

Learn more about what Free Cash Flow is and how you can achieve your win.

Business Idea: Sell Craft Items Online

Creative type? Maybe there is a product you enjoy making and have a small following of raving fans.  Place your offering online to sites like Etsy, eBay, and possibly even Amazon.  It could be anything from home decorations to special thank you gifts.  The key in this market is to create a specific niche offering.  Be careful not to violate any trademark by creating logoed products by hand.  Many home craftspersons have gotten into trouble by creating someone else’s logo on their product.

You could fill the void for a tiny market that is big enough to support you.  Is there a specific need of plumbers, RVers, or chefs that you could solve with your sewing skills?  Do truck drivers need a handy metalwork gadget you could make?

I placed an order on eBay for a set of window covers for my RV, made specifically for my RV.  They fit better than the generic, yet expensive mass market versions for a slightly higher price.   The benefit for me was an exact fit to my vehicle.  The mother-daughter team made the order specifically for me at the time of my order so they are not carrying any inventory.  My order arrived a week or so after I placed it and I was thrilled.  My order was close to $1,000.  Even if they only sold 30 or so orders like mine a year they still have a nice $30,000 small business.  I’m betting they sell a whole lot more and have an incredibly high margin on their fabulous product.

What can you make for someone to make their life better?

business idea, craft, make stuff, work from home

Gregory Brickner

Gregory is the Co-Founder of Finive and a number cruncher himself. He leads the obsession for cash flow for small businesses that is the Finive spirit. With insights into cash flow, business owners make better decisions, increase profit, and achieve their wins.

Financial Apps & Tools

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Forecasting Guide

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Free Cash Flow Is  | Helping you understand cash flow and become a cash flow winner

Cash Performance Report

Translating EBITDA into Cash Flow Performance to fuel growth.

Understanding the cash flow activity of the organization creates insights to drive results. The cash performance report creates a clear cash flow picture of the organization by merging the Income Statement and Statement of Cash Flows. 

Three Things Your Budget Must Have

Key elements of a successful budget for a growing business.

Many organizations are starting to think about the 2021 budget cycle. Before you get too far in the planning consider these three elements to produce a quality budget.

Why Your Business Needs Cash Flow Forecasting

Regular cash flow forecasting is an essential part of strategic planning to fuel growth.

A regular cash flow forecasting routine is a catalyst to achieve your growth goals. The forecasting process will force you to do the mental exercise of working ON your business instead of merely IN it. 

Evaluate Performance and Drive Success with KPIs

An introduction creating KPIs for behavior gains in your business.

Business leaders are often seeking ways to find a higher tier of growth and motivate the team to achieve more than they thought possible. We discuss performance with other words, such as targets and objectives.