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November 27, 2014

Chapter 3.4. 5 tips to implement your financial plan.

We have our brand new financial plan crafted and ready to be implemented. But, how do we do that? Collecting data is essential but it is useless if we do not learn how to use it to improve our business. Here you have some ways to implement your financial plan. Look at these pieces of […]

November 19, 2014

Chapter 3.3. Cash-flow forecast and the breaking-even point. What does that mean for a translator?

Once that we have the first part of our financial plan crafted, the next step is to think about the cash flow forecast and the break-even analysis.

November 4, 2014

Chapter 3.1. Financial plan. Do translators even need it?

That was a real answer from a colleague with whom I talked about financial planning. My answer: A financial plan is essential when we are running our own business. Let’s start for the basics…

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