or customers will say we d like a net 30. it s time now to answer some of your business questions. let s get our board of directors in here to help us out. the marketing zen group and online and public relations form and cory lathen is the co-founder of anthro tronnics and health care related development for robotic systems. let s start with the first question. it is an e-mail from fay. how do you ensure that a small business has the cash flow that it needs? let s start with you. first of all, this is a great question. every small business owner should be asking themselves this. how do i protect cash flow? the answer is really simple but it takes effort and execution and that is what your net terms for payment with your customers or clients because a lot of times clients or customers would say we d like a net 30 or net 45 and the longer they wait to pay you the harder it is to manage your cash flow. if you can get the payment up front, that would be a perfect scenario. right, oka
easy picking. this guy has designed a house which includes an elevator for cars. now, i m not sure what you use an elevator for cars, but he wants one. is this going to suggest that he s either building a giant consolation prize if he loses, or this is where the western white house is going to be housed? remember, chris, his wife drives a cadillac, actually, a couple of them, and he drives a pickup and something else, so when you have that many cars, you have to have a place to put them skpchlt when you build on the side of a mountain, you need an elevator, especially when you have that many cars. you re absolutely right, this rein forces a negative image about mitt romney, and every time he opens his mouth even to say something serious, he makes a laughing stock of himself and it s going to be difficult to recover. that s why his numbers are upside down. he s got about a net 30 rating,
to start off with, we go to mcmann for the easy opportunity, easy picking. this guy has designed a house which includes an elevator for cars. now, i m not sure what you use an elevator for cars, but he wants one. is this going to suggest that he s either building a giant consolation prize if he loses, or this is where the western white house is going to be housed? remember, chris, his wife drives a cadillac, actually, a couple of them, and he drives a pickup and something else, so when you have that many cars, you have to have a place to put them skpchlt when you build on the side of a mountain, you need an elevator, especially when you have that many cars. you re absolutely right, this rein forces a negative image about mitt romney, and every time he opens his mouth even to say something serious, he makes a laughing stock of himself and it s going to be difficult to recover. that s why his numbers are upside down. he s got about a net 30 rating,
fulfill them. you have to go back to vendors and work with them. i ve got these orders. come help me, support me. give me better terms, whether net 30, net 60, net 90. give them a piece of the game if you have to to get the expansion capital you need. i agree with that. i ve raised probably $40 million from various businesses from increments from $15 million to $7 million from a single investor. you want to make a list, exhaust your resources. buy books on the subject, become a student of how to raise it. tune into shows like this. you have to work hard to raise money. where do you go to find investors. start with people you know, high net worth individuals, people who could take a little risk in their life and go from there. my first person i raised money from was a vendor s board of director members. i said i d like to meet with one of your board members, i networked through my vendors an networked to their board and contacts. both of you guys have your own companies. what s