Cash Flow Projections

I've been immersed in cash flow projections for 2009 for Lotus Peace Retreats, along with planning various retreats and estimating break-even point for each retreat and income. This has been a great learning, and I'm feeling a lot more competent in handling spreadsheets and finances than I used to be. Reading some books recently about money has also been helpful.

Today I began to delve into Suze Orman's Women & Money: Owning the Power to Control Your Destiny. Last week I read The Courage to Be Rich: Creating a Life of Material & Spiritual Abundance, which she also wrote. It's safe to say my relationship with money is undergoing a profound change, and this is interesting in many ways to me. Despite the dysfunctional resistance I've felt (like so many women ... apparently it's epidemic), I now find I actually enjoy redefining this important relationship with money and working on finances. It's an empowering and fun process!

Cash flow projections are favorable, since I have very little actual overhead expenses. Most expenses will be direct costs per retreat and distributed among the participants. If all goes well and I'm able to attract the minimum number of participants per retreat, I'll be showing a nice profit after a few months in business. My income estimates are on the conservative side. There is still much work to do with this particular task, but I've made a decent beginning.

So I'm glad to have round one of cash flow projections done and going off to dreamland very optimistic indeed!