The Color Nine Group

Mastering Cash Flow for New Business Owners: The Hidden Key to Your Business’s Success

One of the most common challenges new business owners face is properly managing their finances—especially when it comes to separating personal and business finances. Did you know that mixing the two is one of the leading causes of financial chaos in small businesses? According to Bank of America, keeping personal and business finances separate not only helps you manage cash flow better but also protects your personal assets, builds business credit, and simplifies your tax situation.

In this blog, I’ll guide you through understanding cash flow management, a critical piece of keeping your business finances on track and separating them from your personal life.

The Challenge: Why Cash Flow is the Hidden Key to Business Success

Many business owners experience the stress of not having enough cash to cover expenses, even when their business is bringing in decent revenue. Dipping into personal savings or using personal credit cards to cover business expenses often...

Planning for Victory: The PLAN AHEAD Framework by John Maxwell, Through the Lens of Football

In football, like in life and business, victory doesn’t happen by accident. It takes preparation, strategy, and execution to win on game day. John Maxwell’s PLAN AHEAD framework is like a playbook for success, helping individuals and teams strategize their way to a win. Whether you’re aiming for personal or professional growth, this structured approach offers a clear path to your goal—much like a well-executed drive down the field.

The Game Plan: Understanding the PLAN AHEAD Framework

Think of the PLAN AHEAD framework as your offensive strategy. Each step is a play designed to advance you toward the end zone. Here’s how Maxwell’s framework breaks down when viewed through the lens of football:

Pre-determine Objectives – This is like the pre-game strategy meeting. You decide what success looks like. What’s your end zone? What does winning mean for you and your team?
Lay Out Your Goals – Just like a quarterback calling plays,...