Revenue Management simply means managing
the money that flows into and out of a business. For example, money flows into a
business as revenues (Accounts Receivables) and out through expenses (ex:
Payroll, Accounts Payable). Managing cash flow is critical to any business in
order to stay successful.
To maximize your revenue stream it is
important to ask - Are your customers receiving timely and accurate invoices?
Are your customers paying within your payment terms? BELLC can examine your cash
flow processes and make recommendations for improvement. This will ensure that
your outstanding invoices primarily reflect the current revenue generating
BELLC can also assess your Accounts Payable processes to see
what improvements can be made. Are you paying your vendors on time? Have you
taken full advantage of the best payment terms available? Are you receiving the
best interest rates on your business credit cards?
Our personnel have
assisted businesses in realizing a vast improvement in their cash flow, which
has maximized their financial strength.
What is an income stream?
An income stream is a future series of payments. More technically, an income
stream is a financial obligation or debt that one party owes to another party.
A business may sell income streams for three basic reasons:
Access - it may need to pay off debt, purchase
business equipment or expand the business. Or an income stream you
currently have that you may need cash for immediately.
Interest or Yield - as interest or yield
opportunities arise that allow you to make more money than your
current investments, you may want to reallocate money from existing
income streams to new better producing ones.
Inflation - this eats away at the future earning
power of your money. You can sell your income streams to avoid the
drop in real value over time.
Individuals and businesses buy income streams as a
form of investing that often produce better returns than they can obtain
from more traditional sources. Our Certified Revenue Consultants
offer personalized services that you can trust and turn your current
income streams into cash.