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The Gift Of Cash Flow | Entrepreneurs Guide To Cash
Manage episode 344060997 series 3118559
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It's something I have been affectionately calling Option 4. The decision to retain revenue as cash flow within your business and keeping it from the economic termites that would see it eaten up.
Option 4 is referring cash flow planning with what you do with excess cash at the end of the year. In most cases, your tax professional or CPA probably tells you to do one of three things.
1. Put some money in a qualified investment plan, for the deduction.
2. Buy something like a vehicle, for the deduction.
3. Take the money as a K1 and pay the tax.
Here is where option four comes in and it's a game-changer. Option four involves a concept called the Alternative Risk Program.
With the ARP we keep your hard-earned money where it belongs, in your business. Jump into the episode, it's short, but I will be getting into more detail in the coming days and weeks.
Thank you for your attention and as always Live Long and Profit.
Check out our new website where we will be posting and creating content all about this concept www.hmconsults.com
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