Posts tagged DISTRIBUTIONS

As a business owner, do you have to go to work? If you do, you are trading time for money, and that’s the definition of a job. Business owners should earn distribution checks, not paychecks.

A paycheck is compensation for time spent at work.

A distribution check is compensation for accepting the risk and responsibilities of ownership.

Distributions are a return on investment, which has nothing to do with going to work.

PRODUCTIONMartin HollandOctober 18, 2018PROCCESSES, LEVERAGE, SYSTEMS, DELEGATION, TEAM, DISTRIBUTIONS, ORG CHARTComment

They Say I Make Money, So Why Don’t I Have Any?

As a business coach, that is probably the number one question I am asked by business owners. Payroll this week, suppliers next week, debt service the week after, and tax deposits, seemingly, all the time. Everybody wants our cash. If you own a business, you know what I mean because you’ve asked the question yourself. Even when we make a profit, it feels as if business is a perpetual scramble for scarce cash...

ADMINISTRATIONMartin HollandMay 4, 2017ACCOUNTS RECEIVABLE, CASH, DISTRIBUTIONS, BOOKKEEPING, ACCOUNTINGComment