What does the Cash Flow Mojo™ software do?
First, the Cash Flow Mojo™ software is a cash flow calculator that figures out the amount of cash that the company needs to bring in on a weekly basis to pay its operating expenses, to plan for the future needs of the business, and to get money stashed away in savings for wealth building. In other words, to find out what the cash flow budget is and what the Income Planning target needs to be to do better than break even.
Next, it has a sales and income planning module that helps the business owner work out the cash flow formula of exactly how they are going to make that Income planning target each week.
Then, it has the simplest, bust most sophisticated cash flow spreadsheet called the Cash Flow Controller. It’s a master cash flow statement template, that walks the business owner through the exact steps of how to allocate the cash flow that came in to pay the operating expenses, pay off debt and get cash stashed away in specific savings accounts that we call “buckets of cash” with each bucket designated for a specific purpose.
It helps get the income up and it helps keep the discipline in to use the income to the best financial advantage of the business.