Your Income Crystal Ball

What if .....
you could magically know the income you expect to make, month by month in 2007.

Heck, you would be able to prepare for taxes and other big ticket items and smooth out your cash flow considerably.

You could actually see into your Financial Future

That is the subject of this Post...

Creating an Cash Flow Crystal Ball

So many times when we look at numbers in business we are looking in the rear view mirror.

- Your Profit and Loss statement is a picture of what has already happened.

- Your Net Worth is a snapshot of where you are now.

What we really need is a Crystal Ball

... something that allows you to see into the Future.

That's just what you get when you do Revenue Modeling

You basically sit down and put on paper just how much money you see coming in each month in 2007 from every income source you have - and I do hope there are dozens of them.
The resulting document is called your Revenue Model for the year.

A Revenue Model is especially important for real estate investors like you who may have a mix of several very different income streams.

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Some, like positive cash flow rental properties, pay you in a regular, predictable monthly check.

Some, like the development and sale of a commercial property may give you a single major payday six months from now.

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You may end up with wide swings in cash flow that you don't clearly anticipate. Believe me ... all
entrepreneurs have been there.

Here's the Magic of Modeling

A Revenue Model is your crystal ball showing just how much money will come in each month - from ALL your income sources. It will help you smooth out the bumps in your cash flow during the year, plan for taxes and is the best way to plan for "Adding a Zero" to your yearly income.

I use Revenue Modeling in my businesses and have usually done it on sheets of paper ... well not any more.

I'm SharingA Very Cool New Tool

This weekend I put together a Revenue Modeling Spreadsheet that will automate the calculation of your 2007 income from up to 15 revenue streams in three Income Categories

- Active Income
- Passive Income
- Retirement Income

You simply type in the names of your income streams, chunk in your projections of income by month and the spreadsheet automatically calculates the monthly and annual totals in each category.

You can track up to 15 income streams simultaneously.

It's really cool ... I have my 2007 Revenue Model in the same spreadsheet on my computer. And you can get a copy too.

Click Here for the WIN 2007 Revenue Model Worksheet

- When the file asks if you want to Save or Open, Hit SAVE

- Then rename the file ... something like "My 2007 Income"

- And save it to your desktop.

Then you can open your own copy of the file in Excel. There is a complete set of instructions on the first page and the Worksheet on page two.

The file is so easy to update. You can increase, decrease and change the timing of your paydays and it is all tracked automatically.

Now you have your very own Financial Crystal Ball ... Enjoy.

All you need is the hat and the "snake eyes" of the fella in the picture.

Here's to your financial success. With Revenue Modeling you will be able to know its
coming - and plan accordingly - long before it actually arrives.

Questions? Input? Deals you want to discuss? Call me at 360-848-6288

or email dike.drummond@verizon.net