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CASH FLOW LEARNING & RESOURCES

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

How To Outsource Your Way to Financial Freedom

Outsourcing has become an important trend in the last decade. While it is not an easy shortcut to the top, it is definitely something that all freelancers and online business owners need to take on board. The benefits are numerous and there are low-cost outsourcing agencies available that can deliver high-quality work with a quick turnaround.

Get Clear About What You Want

The first step to outsourcing is to get clear about what you need to get done. This means that you need to identify what you are good at and what needs to be outsourced, as well as what you are willing to pay to get the task completed. This will make it easier to communicate with outsourcing agents as there will be fewer communication difficulties. This will also mean that you can outsource what you hate doing and do more of what you love to do.

Outsource the Most Important Things First

There are most likely tasks that you really need to do but are afraid that you are not competent enough to do them properly. This leads to procrastination. Many first time bloggers can put off sales and marketing because they don’t know how to do them effectively. This is a huge mistake. There are many companies and freelancers who are excellent are marketing and sales. There are also paid advertising options available as well as alternative marketing methods. But because so many people are afraid of marketing, they don’t do it. So outsource these tasks to people who specialize in them. Your revenue will increase as you focus on what you are good at.

Establish a Network of Long-Term Relationships

Freelancers are great at doing a variety of tasks, from customer support to SEO to content creation. But sometimes there are communication difficulties and the freelancer is not a good fit for the role. This can waste considerable resources. Interviewing and hiring freelancers takes time, and you will also have to bring them up to speed on job specifications. Even if the freelancer has a good rating, they may not be able to complete the job for various reasons. This is why it is important to build relationships with freelancers so you can hire them on an ad hoc basis as needed. You know the quality of their work and that they can be relied on to complete it within the specified time period.


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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FCF.is

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.