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That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
Below is a consolidated, easy-to-read document on budgeting and the mindset behind it—combining practical techniques with an understanding of how our beliefs and habits influence financial success.
Over the years, I’ve owned my fair share of cars — including the shiny, overpriced, and perpetually problematic BMWs. They looked great in the driveway, sure, but they came with a constant stream of high-maintenance costs, electronic failures, and the kind of repair bills that make you question your life choices.
Business Insolvency is when the business cannot pay its debts.