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Re: Negative cash flow, Need capitol injection, and adivce May 9, 2008 12:30 AM
in response to: CEO Space
in response to: CEO Space
I would like to thank CEO Space and Lighthouse24 for the great answers given to the original poster. I recently contacted someone on the forum concerning funding who was very knowledgeable, and pointed out some of my cash flow issues through private phone calls & e-mails. Although I thought I had a good grasp of my numbers, between him pointing out some problems and these helpful posts have now gotten me moving with some additional cuts and information to contact some additional sources of funding with confidence again.
We have recently made several cutbacks, and been able to reduce last years spending by approximately 125K which SHOULD get us into positive cash flow. IF I can consolidate a LOT of debt quickly to keep my head above water. Debt service can drop by 25% or more.
Anyone got a spare 300-400K hanging around?
By the way... guitarboy8d6 if you're still out there how was the turn out? Thanks again to all the helpful posters.
We have recently made several cutbacks, and been able to reduce last years spending by approximately 125K which SHOULD get us into positive cash flow. IF I can consolidate a LOT of debt quickly to keep my head above water. Debt service can drop by 25% or more.
Anyone got a spare 300-400K hanging around?
By the way... guitarboy8d6 if you're still out there how was the turn out? Thanks again to all the helpful posters.
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