When you started your business, cash flow issues were not on your radar. It was just you, a few tools and supplies, and every job made a profit. No office, no overhead, no problems. And life was good.

As the business grew, you started buying things and taking on expenses. You bought a nice truck and a set of tools. You invested in a new computer and some expensive software. You really thought you had made it big when you got your first office. Then came the employees, insurance, workers comp… Need I go on?

The funny thing about business is that sometimes the bigger it gets, the less money there is. The dreams you had of making it big time slowly turn into a weekly struggle to pay the bills. That leads to stress at home and in your business.

A major source of stress is the money you owe to other people. As your business grows and your overhead expands, you become more leveraged. Financial freedom creeps further away with each employee you hire and every asset you buy. Sound familiar? Most business owners believe that leveraging debt is the only way to grow. […]