Cashflow is the life blood of what we do in business. If you spend your cashflow on things that don’t help generate more cashflow, it might dry up when you most need it. Like in the middle of a global recession. You should only spend your money after you have answered the following two questions:
- Will spending this money help grow my company’s sale?
- How long and how many sales will I need take to get back the money I am about to spend?