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Ten Tips to Break the Debt
Cycle For Your Business!

by Paula Langguth Ryan and Janet L. Hall

Would you like your business to become debt-free and stay debt-free? You can, if you follow these practical and spiritual tips. First and foremost, you must always remember that money is simply energy. Money is nothing less and nothing more. Money, by itself, does not have any power to control your actions or your business. Only your thoughts control your actions. And only your thoughts about money control whether or not your business is profitable.

When it comes to our businesses, our thoughts about money usually fall in one of three planes. At the bottom is where youíll find most of us. This is where we spend our energy and time worrying about and talking about our companyís financial problems. Where we spend most of our time saying things like "Iím not going to have enough money to pay this supplierÖ" or "Iím paying so-and-so a lot of money and not seeing the results I want." At the second plane, we set a concrete goal for eliminating what weíre worried about and we take action toward achieving that goal. For example, if youíre worried right now about meeting your next payroll, and your goal is to come up with enough money to pay payroll on time, then youíre on your way.

To get to the third and highest plane, however, youíll need to use the tips below. Several of these tips will immediately generate cash to help your business make your goal a reality. Other tips will help you build a foundation underneath your company, so that more cash and more clients will come to you.

I encourage you to start putting each of these tips to use in your business TODAY. Work toward progress, not perfection. Donít beat yourself up if you canít do all ten at once. Take it a step at a time and keep moving forward. Above all else, know that YOU AND YOUR BUSINESS ARE PROSPEROUS!

1. Free up the trapped prosperity in your business. Release things that take up valuable space in your company. Employees or clients who sap your companyís energy and provide little in return. Books, outdated computer equipment or software, old files, old phone books or directories, outdated trade journals or magazines. What are you stockpiling that you donít use? Look at everything you havenít used in over a year and toss it, sell it or trade it in.

2. Pay what you can now. If your company has debts to pay, and you have savings set aside for your business, donít withhold money and say, "Iíll pay these corporate debts later, when the company has more money so we donít have to touch the savings." Free up that money, put it into the universe. You canít get a flow of money coming into your business unless you have a flow of money coming out of your business. Donít put off paying what you can pay today.

3. Release people from their debts to your company. If your company has lent money in the past or extended credit, and you know that the chances for you ever getting that money back are remote, release these clients from their debt to you. Call or write them and say, "We want you to know that weíve decided to consider this money a gift to you. We am freeing you from any obligation to repay this money, ever, and we hope youíll accept this gift with our sincerest wishes for your continued success. We also hope youíll do the same for someone who owes you or your company money." You then make it possible for that money or more to come to your business from some other source.

4. See the highest good for everyone your company deals with. When youíre in a situation where you think, "theyíre going to try and rip me off" affirm "I see the highest good for both of us." Then know that your employee, client or supplier will do right by you.

5. Give thanks for your companyís debts. When you pay your companyís debts, hold them one by one in your hand and give thanks for whatever that debt represents. "Thank you Universe for this printer bill, which enables us to send our clients information about our business." "Thank you Universe for this dental insurance bill, which enables our employees to be healthy." "Thank you Universe for this rent bill, which lets us have our business in the location we desire."

6. Donít brag about what your business plans to accomplish or about your companyís prosperity. Instead, imagine your plans accomplished, then go about your daily business, putting the stepping stones in place for your pathway to your goal. Then, once youíve accomplished your business goal, go inside yourself and give thanks for your companyís abundance. And give back to those who have helped you achieve your prosperity. Share the wealth with your employees who go out of their way to provide value-added service to your clients. When someone asks how business is, tell them: "Thereís gold dust in the air!"

7. Donít let pride stand in the way of your companyís prosperity. You can be your companyís own worst enemy if you refuse to accept prosperity in whatever form it takes. As you practice these laws of prosperity customers, employees and suppliers around you will suddenly start giving you things. Donít refuse these gifts as charity or acts of pity. They are the first evidence that your prosperous thinking is paying off. Joyfully accept these gifts on behalf of your company. Stop yourself before you say, "Oh you shouldnít have." "This is too expensive." "I couldnít possibly accept." Practice accepting gifts graciously. "We appreciate your kindness!" "Thank you for thinking of us!" "Youíre an angel!"

8. Be patient with yourself as you learn prosperity skills. Donít be like the farmer who planted corn, then cut off all the tassels that appeared, because he was looking to grow EARS of corn, not tassels. Donít dismiss the results you get as weeds. Know that whatever grows in your business is for your highest good.

9. Look for the lesson in experiences. When a "negative" happens in our businesses, itís usually a nudge to help us chose a better direction for our business, for our companyís growth. Donít waste your time and energy bemoaning an event. Stop and center yourself and figure out what your business was meant to learn, how this event will help your company achieve its goals. Donít ask yourself or your employees, "Why did this happen to us?" Instead, encourage them to ask, "What are we going to do about it?"

10. Let go of prejudices. Donít spend time and energy worrying about your difficult clients, or how your competitors perceive you. Remember the old taunt, "Iím rubber and youíre glue...whatever you say bounces off me and sticks on you?" The same goes for positive thoughts and words. Donít set your business above anyone else (look what happened to Microsoft!), or support employees or customers "in spite of" their actions. Learn to love everyone unconditionally and that love will flow back to your business tenfold.

You can be your companyís own worst enemy in your search for profits or you can be the best guide youíve ever had. The choice is entirely up to you!

Contemporary Prosperity Advisor Paula Langguth Ryan and Professional Organizer Janet L. Hall are the originators of the Enough Is Enough! seminar series and the authors of  Effortless Freedom From Clutter and Debt: Your 20 Minute Daily Roadmap for Creating a Perfectly Balanced Life

Permission is granted to quote this article in its entirety or in part, provided attribution is given, in the form of the above paragraph.

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Port Republic, MD 20676
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