Forum2019-05-29T10:35:54-05:00
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Why do you think “financing” is a Taboo Business Question? Is it taboo for you? Why or why not?
OpenTaboo Forum asked 7 years ago • 
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What part of your sales cycle is causing the biggest strain on cash and why? How will you fix it?
OpenTaboo Forum asked 7 years ago • 
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Which of the five situations resonated with you the most? Why?
OpenTaboo Forum asked 7 years ago • 
348 views0 answers0 votes
What’s going to happen to your business if you can’t make the payments? What is the worst-case scenario?
OpenTaboo Forum asked 7 years ago • 
375 views0 answers0 votes
How many banks have you discussed your financing needs with? How do you know you’re getting the best deal on your loan?
OpenTaboo Forum asked 7 years ago • 
308 views0 answers0 votes
Have you gotten financing in the past? What happened to that money? What’s going to change this time?
OpenTaboo Forum asked 7 years ago • 
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Have you considered how the debt service will impact your cash flow? Are the payments part of your break-even?
OpenTaboo Forum asked 7 years ago • 
354 views0 answers0 votes
Why do you think you need financing? What are you going to use it for? How will whatever you’re going to use the funds for impact your business?
OpenTaboo Forum asked 7 years ago • 
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What will you change in your business to improve your cash flow?
OpenTaboo Forum asked 7 years ago • 
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Have you developed a budget and a break-even revenue? How close are you to breaking even? How can you improve your monthly recurring revenue?
OpenTaboo Forum asked 7 years ago • 
343 views0 answers0 votes
Have you tried the ten different ways to improve your cash flow? What happened? Were you successful at improving your cash flow?
OpenTaboo Forum asked 7 years ago • 
366 views0 answers0 votes
Why do you think “hiring” is a Taboo Business Question? Is it taboo for you? Why or why not?
OpenTaboo Forum asked 7 years ago • 
314 views0 answers0 votes
How would hiring allow you to diversify your revenue?
OpenTaboo Forum asked 7 years ago • 
369 views0 answers0 votes
Now that you’ve read this section, have you recognized any of the signs for considering hiring in your own business? What are you going to do about it? What would that accomplish?
OpenTaboo Forum asked 7 years ago • 
354 views0 answers0 votes
If hiring is in your business expansion plans, what is holding you back from doing it? Why?
OpenTaboo Forum asked 7 years ago • 
302 views0 answers0 votes
Thinking about your long-term goals for the business, would hiring someone (even if it’s a short-term solution) help you get closer to your goals? Why or why not?
OpenTaboo Forum asked 7 years ago • 
320 views0 answers0 votes
How would you categorize your delegation skills? How can you improve on this before hiring someone?
OpenTaboo Forum asked 7 years ago • 
355 views0 answers0 votes
What key performance indicators does your business need to identify before hiring?
OpenTaboo Forum asked 7 years ago • 
307 views0 answers0 votes
What processes in your business could be a “set it and forget it” process?
OpenTaboo Forum asked 7 years ago • 
362 views0 answers0 votes
How would hiring someone impact your business’s finances? Have you consulted with an accountant or CPA to determine the burn rate for this hire? What else would you spend your time on? Would the value of that freed up time outweigh the cost of hiring that person?
OpenTaboo Forum asked 7 years ago • 
338 views0 answers0 votes
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