Small Business Finance - How to Prioritize Your Profits
When you business finally starts producing income (and the initial joy wears off), business owners now have a new financial issue -- how should this money be spent? Allocating that next dollar of income is challenging, because you and your business have conflicting priorities. I recommend you triage the allocation of your income according to financial principles and your values and priorities.
As a small business owner are you believing all the bad news about this being the worse of economic times? Have you considered just the opposite? So what is keeping you from making this the best of time to growing your small business?
Have you ever stopped to think about how your health affects the health of your small business? Its true, taking time to be well and live well yourself has huge payoffs for the health of your business.