Naples, United States – April 18, 2019 / Money Management Solutions Inc. /

There are some really important cash flow management rules when piloting a business. One critical rule for business owners is – don’t fly without a parachute.

According to the Associated Press story in August 2013, two experienced F-16 fighter pilots clipped wings in a mid-air collision. One pilot managed to fly his plane back to joint base Andrews in Maryland, while the other pilot was forced to eject over the ocean and lost the plane. Both were experienced pilots.

The pilot who ejected made it safely to the surface of the ocean where he was rescued, thanks to having not only an ejection seat and a standard operating procedure for such an event, but also having a parachute. Without the parachute, the ejection seat and procedure wouldn’t have saved his life.

It’s the same with running a business on the cash flow management lines. No one ever knows where, when, or how, a crisis is going to occur, and it can be a real business killer to anyone flying without a financial parachute.

Yes, the business has to create the parachute and keep it handy, but why wouldn’t they? It’s simple enough, with the proper cash flow management system, to set small bits of cash aside for the business’s “financial parachute” to cover:

Emergencies, Business Expansion, Legal Defense & Taxes, and Retirement

A business owner knows that ultimately all the responsibility and liability rolls uphill right to them. That’s why Money Management Solutions, Inc. developed the Cash Flow Mojo® software system with a parachute creation feature. Cash Flow Mojo software users refer to them as “buckets of cash” that get filled up slowly and steadily – little bits each week – and are there to bail the business out when tools are needed to eject out of a financial situation.

It’s funny, when a business owner is controlling their business cash flow and are prepared for a mid-air collision with an ejection plan and a financial parachute, that type of situation rarely happens, and it isn’t a worry that something might happen either.

So, as a business owner flying along doing their daily business, be diligent about making sure to create that parachute and keep it packed, within reach, and ready for deployment as part of regular cash flow management activities.

About Money Management Solutions, Inc.

The company helps small and medium-sized enterprise owners grow their businesses by providing them tools with which to manage their finances. Among these tools is the popular cash flow management software program called Cash Flow Mojo, which helps users increase income and profits, plan a budget that includes paying off past bills and any existing debts, as well as set aside some money for other future anticipated expenses. The company also offers cash flow management books, financial coaching and analysis, plus a free cash flow control guide that can be downloaded from their website at https://www.cashflowmojosoftware.com/.