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How to double your residual cash flow:

When running a business your financial strategies that you use are very important. The more financial strategies you implement the better off your business will be. One thing that you definitely want to try to do is to double your residual cash flow. Residual cash flow is great because you can always count on it. Your other cash flow is hard to predict because it all relies on how many products you can sell or how many services you can provide. Residual income on the other hand is much more reliable.

Residual cash flow is cash flow that reoccurs month by month. It is very predictable and very constant. While the first type of cash flow depends on how many products you sell or services you provide, residual cash flow has more to do with things such as magazine subscriptions. Residual cash flow has to do with monthly payments that are being made to you that will not stop for a certain period of time. While with the other you have to sell many products, with residual cash flow you only have to sell one subscription and then you receive payments continually for a certain period of time. Residual cash flow is better because it is reliable and because it gives a more predictable idea of how much money your company will make in a given month.

There are a few things you can do to help double your residual cash flow. The first would be to open a savings account that pays you monthly interest. You could count on receiving that interest amount each month and you could know that they would not stop paying it as long as you kept your money in the bank. If you kept The same chunk of money in there over a long period of time, or if you even added to that chunk of money every now and then, you would make a lot of money.

Another thing to do would be to create your own product and sell it. If sold it to many different people and had it sold in stores etc. then you would always continue to make money off that product. Every time someone bought it you would earn money off it. it would be residual income because you would create it once and always earn the money off it and people continued to by it and use it over time.

If you have a company that does pretty well it might be a good idea for you to design a company magazine that people could subscribe to. This magazine would show them your latest updates and things you were selling. If you had a lot of subscribers that would bring in a lot extra residual cash flow. It would be great because you would only have to sell one subscription to the magazine and you would always benefit from it. It would be a one time sell that would continue month by month. If you had one hundred subscribers to your magazine who paid ten dollars a month, that would be one hundred dollars a month that you would have extra to spend where you wanted to.

There are many different ideas you can implement to help you double your residual cash flow. The more of these that you can think of and try the more and more your residual cash flow will grow. The more it grows the more reliable and predictable your monthly cash flow will be and the less uncertainty you will have. It will take stress off you because it will mean that you will have less money you have to try to earn through selling products.

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