I believe there are times where your business might not generate enough profit for the month, in such causes how do you cope? Do you have other side hustles you reply on or does your business have positive cash flow every month? For me i usually reply on paid to post forums most times when sales do not come in as expected.
Is your cash flow positive every month?
- Thread starter eldavis
- Start date
I am a freelancer. I usually have enough jobs to do to maintain a positive cashflow every month.
My cash flow is not positive every month and that is the truth.
There are months that the cash flow is not positive and you have to accept those months as your down months. The business move to do is to find out the factor that led to a negative cash flow in a month and nip it in the bud.
It is always very important for you to have multiple means of making money and also try as much as possible to have an offline means of making cash because that is the only way you can be able to have a positive cash flow every month.
My cashflow is not always positive every month. Since last two months, it have been hectic and series of loss. I have other side hustle I use to supplement my income.
Yes, I'm the same as you, when the shop is quiet I will look for other sources of income online. One of them is active on several paid forums. Apart from that, I also have savings as an emergency fund to meet my primary needs when I don't have a good income.
My cash flow is not the same each month. I have to keep doing other side hustles and jobs to stay financially well off. In business, you are never guaranteed of a positive cash flow each month.
- Thread starter
- #17
I can totally relate with this, there are months where things seems pretty tough, then there are months where its more of a smooth sailing and all that.
There is no business in the world that can say that it has a positive cash flow every month.
