As a young man, I worked with my father in a bakery for many years.  I still bake birthday cakes for my sons as well as pies and cookies for holidays.  One learns, that following a great recipe and process, you can consistently produce a great product whether a baked good or any other product or service. You don’t follow the recipe and the product will not come the way you want.  A recipe is just a formula.  But investing in your own business to get the formula that is right for you, that allows you to make the right business decisions and always consistently producing a great financial result is extremely important.  What’s your formula?

There is a specific formula for producing great financial results for every business.  It is a proprietary process that I created more than 30 years ago.  It is called the Wealth Building Formula® for your business.  Follow this “recipe” and you will always make the 100% correct financial decision for your business.

How does it work?  Let’s look at the ingredients.  There is cash flow, time, and a growth rate of your company you want.  You combine these and it comes up to a value of the business that will be the foundation of your wealth to live the life you want now and in the future.

Let’s take an example.  Ellen is an entrepreneur with a clothes business in NYC.  Her company produces enough cash flow to allow her and her family to live comfortably but now at the level she wants. Also, due to now maximizing cash flow, it is not worth much to someone else.  One needs excess cash flow beyond what is need for them to live the lifestyle they want to create value for the business.

I said to Ellen” “investing in your own business is necessary”.  Decisions to increase cash flow are needed. This will result in more cash flow for the lifestyle you want now and a value of the business that will allow you to retire and always have the lifestyle you want.

We calculated the amount of cash flow she needed now, the amount the business needed beyond that for a greater value and then came decision time.  She ended up expanding lines of fashion and opening two additional outlets.   Seeing how much cash flow to live now and what the business needed for greater value, and following the “recipe”, the Wealth Building Formula® for her business, she was able to make the 100% financial decisions that lead to her achieving her financial goals.

Investing in your own business is vital.  But having a “recipe”, a formula and process for consistently coming to the best conclusions is important. Get help to know the ingredients you need to consistently make the 100% correct financial decisions.  Have your cake the way you want it to come out…and eat it too!

If you are ready to take the first steps towards living the way you want now and for the rest of your life, look no further than this book, “Master Your Business Cash Flow.” (Part of the Master Your Cash Flow® series.) Find out more here: https://alzdenek.com/book/