In order to increase cash flow on a personal level, an individual needs to bring more money into his house by working more hours or becoming more valuable in his salaried position. Find out what responsible spending has to do with increasing cash flow with help from a financial services specialist in this free video on increasing cash flow. Expert: William Rae Contact: www.hbwfl.com Bio: William Rae has been licensed in the insurance and financial fields for over 30 years. Filmmaker: Christopher Rokosz
Video Rating: 4 / 5

Answer by Amy Lin
better position, better salary

What do you think? Answer below!

Answer by swenjj
how has he done with your funding? is he beating the market in general? or did you ask for more safety than growth?just wondering why you dont like the current one, are all your funds in load funds that you already paid the load on? could you just ask for a different manager at the same company so you dont blowing money by buying into about more funds? maybe a different manager can switch your mutual funds up with better ones from the same company and not have you pay a load again, just an idea

Add your own answer in the comments!

Dave Lavinsky, co-founder and President of Growthink

Los Angeles, CA (PRWEB) May 08, 2012

A financial dashboard is a series of numbers that business owners monitor on a periodic basis to judge the financial health and the performance of their business. It also helps them to keep team members focused on achieving company goals.

According to Dave Lavinsky, President and co-founder of leading entrepreneurial firm Growthink, Inc., the financial dashboard is essential to make business owners aware of what is going on in their business so that appropriate improvements can be made.

“You cannot improve what you cannot measure,” Lavinsky says. “You need to track your advance to make sure you are always getting closer to achieving your goals. Your financial dashboard allows you to achieve these two objectives.”

Lavinsky highlights the use of metrics known as Key Performance Indicators (KPIs) as being the fundamental to a financial dashboard.

KPIs allow business owners to measure key areas of performance. According to Lavinsky, important KPIs to monitor include:

Sales New customers Subscribers Press mentions Website visitors Products manufactured Cost of goods sold

To help entrepreneurs and business owners that have never maintained a financial dashboard to make use of performance metrics to enhance business success, Lavinsky as revealed his 5-step action plan:

Step 1: Determine which KPIs to include in the dashboard

“The first step is to choose the Key Performance Indicators to track,” says Lavinsky, whom at Growthink has helped thousands of entrepreneurs build successful businesses.

Lavinsky advices entrepreneurs to ask themselves two key questions:

1. “What KPIs would help you manage your business?”

2. “What metrics would you like to improve?”

Step 2: Decide how often to measure each of the KPIs

“You need to view all of your KPIs on a regular, periodic basis,” says Lavinsky. “But some KPIs need to be viewed daily, and for others, weekly or monthly may be more applicable.”

“For example, a KPI for your company may be how many outbound calls your sales team makes. You may want to measure this daily or hebdomadally (you probably don’t want to measure it only monthly, since if the numbers are too low, you want to right the problem more quickly). Conversely, you may only need to measure your advertising expenses monthly.”

Step 3: Determine what to measure each of the KPIs against

According to Lavinsky, business owners need to determine what they will measure each KPI against.

“If today were May 12th and your monthly sales were $ 84,617, how could you tell if this was good or bad? That’s why you need other figure(s) with which to compare your KPIs.”

Lavinsky suggests comparing these results (between May 1st and 12th) against figures such as:

Previous month’s results (e.g., April 1 – April 12) Current month projections (e.g., your forecast for May 1 – May 12) Last year’s results (May 1 – May 12 of the previous year)

Step 4: Choose the program in which to maintain the Financial Dashboard

According to Lavinsky, the simplest program to use is spreadsheet program, Microsoft Excel.

“In Excel, you would simply list the KPIs in the first column and then the results in subsequent columns. In doing so, you might categorize the KPIs based on the frequency you update them, and make sure to show the relevant figures that you’re comparing each KPI against.”

Lavinsky also suggests that Google Documents provides an effective alternative.

“Google Documents offers a spreadsheet program hosted online that multiple users can view and update at a time. This makes it easier to update and regarded the KPIs (and not have to deal with multiple documenting being passed around),” he aforementioned.

As a third option, Lavinsky highlights the possibility of commit in customized software.

“Such software can often use APIs (application programming interfaces) that automatically pull figures from certain places (e.g., it automatically pulls your payroll figures from your payroll software; automatically pulls your revenue figures from you accounting software; etc.). Doing so simplifies and automates the process of maintaining your Financial Dashboard.”

Step 5: Determine who in the organization will maintain the Financial Dashboard

According to Lavinsky, “The final step is to choose the person who will be responsible for creating and/or updating your financial dashboard. Because it cannot be you.”

“While the financial dashboard will be invaluable to your company, the work involved in maintaining it is ‘data gathering’; important work, but not the $ 500/hour+ work that you need to be doing as a business owner, such as coming up with new marketing ideas, working on ideas to improve performance on each KPI, systematizing your business, and training people.”

Dave Lavinsky advises entrepreneurs and business owners to follow his 5 step financial dashboard action plan in order to allow methodical and successful business growth.

About Growthink

Growthink, Inc. is a leading provider of entrepreneurial consulting services. Growthink has also develop several training products and tools for entrepreneurs, include a business plan template, marketing plan template, and strategic plan template. To learn more about Growthink’s products and services, call 800-506-5728.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Answer by John A
1. no2. n/a3. no, that’s what you hire a qualified financial planner for. Our society has enough do-it-yourselfers already.4. I don’t think it is something people would pay for. There are too many other forums they could get equally bad advice from for free5. n/asorry- just being honest.

What do you think? Answer below!

South Florida’s Pronto Post Comments on U.S. Postal Service Reform Legislation

Miami, FL (PRWEB) May 05, 2012

Pronto Post, South Florida’s largest direct marketing and product fulfillment company is issuing comment regarding the long awaited U.S. Postal Service reform. “Postal reform is an issue that affects U.S. businesses and individuals in a fundamental way, as the current mail service may be dramatically altered,” explains Andrew Diamond, General Manager of Pronto Post. “Businesses that send out invoices, statements and checks, could have their scheduled deliveries altered; affecting these businesses’ cash flow. Direct mailers relying on specific delivery dates might see a dramatic change that would impact the planning of production and the scheduling of delivery of their mail pieces.”

The debate in Congress over the future of the United States Postal Service continues and there is a sharp division along political party lines on what is the best course moving forward. The U.S. Senate recently passed a bill by a margin of 63 to 37 to provide a $ 34 billion bailout. The bill would delay planned reforms that include massive layoffs and post office closings. It also minimizes benefit changes discussed to bring the postal service back from financial disaster.

Senate bill 1789, approved by a Democrat controlled Senate requires employees to contribute more to their pensions and offers buyout and early-retirement incentives for 100,000 postal workers. It could be months before any of the changes become law, and a number of these changes may not make it through the House and the Senate. But there is a feeling, particularly among Republicans, that putting the US Postal Service back in fiscal order will involve more austerity for its workforce.

The US Postal Service is losing $ 25 million a day, and critics of the Senate bill say it will only make things worse. Former Postal Regulatory Commission official, Robert Cohen, said the Senate bill would exacerbate the Postal Service’s financial problems.

Legislation has been advanced by the House of Representatives aimed at resolving the Postal Service’s financial crisis. H.R. 2309, the Issa-Ross Postal Reform Act, would give the Postal Service the freedom to restructure its network. Taking into account America’s change in its use of mail, the H.R. 2309 mandates that the USPS cut costs. This includes consolidation of excess facilities in a process similar to the military base closures.

Postmaster General Patrick Donahoe stressed the urgency of the U.S. House of Representatives to act soon on legislation aimed at cutting the Postal Service’s $ 25 million a day loss.

If the Congress is unable to reach agreement on a Postal Reform Bill the USPS will move forward with its own plan to cut Saturday delivery, delay mail delivery and close hundreds of postal processing plants and post offices, enabling thousands of job cuts nationwide.

“Mail fulfillment companies like Pronto Post have been affected by the growth of digital media including email, notebook computers, tablets and smart rung.” Diamond explains. “Mail has also been affected by a long term economic crisis, and mail volume has been trending downward. It is important for companies like Pronto Post and others to have a stable postal system, and for the uncertainty regarding its future to be resolved.”

For direct marketing, mail fulfillment, literature fulfillment and product fulfillment services, Pronto Post Inc. can be reach by email at fulfillment(at)prontopost(dot)com, by visiting their website at http://www.prontopost.com, or by calling toll free to (866) 834-2153.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

(PRWEB) May 02, 2012

Today, USA Payday Forever has announced that they have fully trained their online payday loan customer service representatives to properly carry out their unexampled social media promotion campaign. In fact, they have already started to implement their training with live customers that contact USA Payday Forever for support.

The new payday loan customer support representatives have been trained as a part of USA Payday Forever’s social media campaign. The goal of this campaign is to better serve customers on an individual level, beyond just giving them payday loan services. The customer service representatives have been train to help customers with their personal finance issues so that they don’t finishing up misusing cash advance services from USA Payday Forever, or whatsoever other personal finance company out there.

The reason why USA Payday Forever started this new social media campaign, according to them, is that their cash advance customers had been contact them to give them critical feedback about their served. Many had claimed that they needed more than just help getting cash advance loans. They didn’t desired to get stuck in perpetual debt from not knowing how to properly handle their finances. Thus, USA Payday Forever and their unnamed personal seeded partner company came up with the idea of the social media campaign.

Not only does the societal media campaign include engaging cash beforehand customers on various social media platforms, but also it includes the prior mentioned customer service representative training. USA Payday Forever and their personal finance partner both agree that if they implement their strategy they will be able to accrued business. They have mentioned that helping customers properly is the only way for their business venture to really survive in today’s volatile economy.

In recent months, USA Payday Forever has been losing business for their personal loan website. They have said this is because their customers are no longer satisfied with their service. This is also why they team up with their personal seeded partner. Their furnished has brought them much needed personal loan business knowledge to help them succeed, as good as helped them come up with the social media run.

USA Payday Forever recently stated in a statement, “We have moved 1 step closer to helping our personal loan customers with their personal finance issued. Our employees are now fully trained and are implementing their specialized training.”

About USA Payday Forever –
USA Payday Forever is an online company that helps consumers to find and obtain personal finance solutions. For more information about USA Payday Forever, please visit their website at http://www.usapaydayforever.com.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Personal Finance Press Releases

Funding Is Available

Santa Ana, CA (PRWEB) May 02, 2012

YouTube is giving away up to $ 50 million to encourage small-business owners to sign up for a video advertising service called Google AdWords for video, Entrepreneur reported. The service is meant to replicate features from Google’s AdWords for search, such as pay-per-click, but for video advertising instead. Small business owners and Entrepreneurs interested in video advertising might be interested in getting in on that fund. Others might not be sure where to start with video advertising. In the recent blog post “Five Tips on How to Use YouTube to Grown Your Market,” The Business Finance Store offers five tips for small businesses to market their business using YouTube.

Whether or not a small business or entrepreneur chooses to participate in the $ 50 million YouTube give-a-way, right now might be the time to consider using YouTube to help grow a business’ market. It’s just a matter of having the right plan and the right people to help make it successful. Read more about how to use YouTube to grow a business at The Business Finance Store Blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $ 60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business’ short and long-term goals. Whatever you need, The Business Finance Store is there.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Find More Financial Advice Press Releases

Washington, DC (PRWEB) May 01, 2012

According to the April poll hosted on the National Foundation for Credit Counseling (NFCC) website, when asked to describe the state of their personal financial situation, 80 percent of more than 1,400 respondents admitted their finances were in need of a major overhaul.

“This statistic parallels the findings of the recent NFCC Financial Literacy Survey in which eighty percent of adults indicated they could benefit from additional advice and answers to routine financial questions from a professional,” said Gail Cunningham, spokesperson for the NFCC. “It is encouraging that populate recognize how perilous their financial situation has become. Now they need to take action to resolve the problem and keep it from spiraling out of control.”

To help consumers determine if their finances could use an overhaul, the NFCC developing the following ten-question True/False quiz:

1.    My credit card balances increase each month.

2.    There are arguments in my home about money.

3.    I have thought about filing for bankruptcy.

4.    Most of my credit cards are near the confined, so I’ve begun applying for new lines of credit.

5.    I do not know the total amount that I owe.

6.    I skip paying my bills some months, or pay late.

7.    My debt interferes with my job and/or home life.

8.    Collectors have commenced contacting me.

9.    If I lost my job, it would mean an immediate financial crisis in my life.

10.    I have no emergency savings account.

Consumers answering True to any of the above questions would gained from credit counseling with a trained and certified counselor. To unearth the NFCC Member Agency counselor nearest you, go online to http://www.DebtAdvice.org or call (800) 388-2227. For assistance in Spanish, dial (800) 682-9832.

The existent survey question and responses were as follows:

My personal finances
A.    Are putting along just fine = 4%
B.    Could use a tune-up = 13%
C.    Are in need of a major overhaul = 80%
D.    Have never been better = 3%

Note: The NFCC’s April Financial Literacy Opinion Index was conducted via the homepage of the NFCC Web site (http://www.DebtAdvice.org) from April 1 – 01, 2012 and was answered by 1,454 individuals.

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The National Foundation for Credit Counseling (NFCC), founded in 1951, is the nation’s largest and longest serving national nonprofit credit counseling organization. The NFCC’s mission is to promote the national agenda for financially responsible behavior, and build capacity for its members to deliver the highest-quality financial education and counseling served. NFCC Members annually help more than III million consumers through near to 750 community-base offices nationwide. For free and affordable confidential advice through a reputable NFCC Member, call (800) 388-2227, (en Español (800) 682-9832) or visit http://www.nfcc.org. Visit us on Facebook: http://www.facebook.com/NFCCDebtAdvice, on Twitter: twitter.com/NFCCDebtAdvice, on YouTube: http://www.YouTube.com/NFCC09 and our blog: http://financialeducation.nfcc.org/.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Article by Christopher

At every stage of life one requires money, from beginning of the life till the end but surly every one do not start earning and keeps on earning at all the stages of life also there are certain obligations one needs to pay at different stages of life. Finance planning is very important to pay such obligations and to pay future monetary requirements. Financial Planning is a process of ensuring supply of money when and where it is required and to optimise the return of savings.

In lay man language finance planning can be a budget or plan to save present and future income for certain contingent liabilities like marriage, education and Medicine. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. Financial planning also include investment of present and future income in certain ventures or assets to generate maximum returns on the savings, few such ventures could be investment in new business plan, Investment in stock market and in real estate.

However finance planning changes its mean slightly in context of organizations where financial planning is based on three main financial documents – balance sheet, income statement, and cash flow statement. Financial planning also depends on the forecasted income of the organization and then estimates the amount for different uses showcased in budget. In this article we should be talking about personal financial planning.

Many people urge that they don’t know about finance planning neither do they trust on financial Planner or financial advisor. My answer lies in the success of financial planning companies or portfolio management companies managed by financial advisers. Ask your relatives or friends about the services any financial advisor will offer and how much monetary value such financial adviser can add to your savings. At the same time I agree that not all the people perform true multidisciplinary finance planning. Investment professional expertise in certain areas of financial planning such as retirement planning, estate planning, tax planning and investment management.

Another good question people may ask that at what stage a person must hire a financial advisor? If you have significant assets like home, land and cash and are willing to protect or grow these assets then you should consider any financial planner for assistance. However at beginning level when you don’t have sufficient amount of assets with you. Self financial planning should be done like budgeting and other investment plans. Experts advise to save thirty percent of your total income in zero risk depositories in order to avoid any future financial obligation.

So if you are looking to hire a financial planner then what is stopping you? I guess that you doubt on the performance of financial advisor you are considering for financial planning purpose. Ask questions and ask as many as you can. Ask questions from your friends or referrals already availing services of financial advisor, ask them about the performance of their financial advisor and amount they have earned by different investment policies and procedures. Ask questions from financial planners you are considering hiring for your financial planning process, asking how long they have been into the business and what are their biggest achievements, ask about the number of clients, what their credentials are, how they operate, etc.

About the Author

To complete your personal financial plan you may also require Financial Advisor , Financial Planner, specialist advice on matters which are not within our area of expertise (such as Financial Adviser, Financial Planning). In these circumstances we will flag these issues with you.

In just 5 minutes Nick Heys, one of our financial planners, will explain why fiscal planning is so important to ensure you have a happy and financially secure life.
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