Wednesday, September 5, 2012

Four Lessons for Financial Success



Points:

Lesson 1: Work Your Profit Margins

if you’re killing yourself working hard and struggling to actually support yourself, your prices are not high enough


Lesson 2: Budget for Success

Since you’re counting on your shop for income, make sure you’re budgeting for all financial obligations and paying yourself fairly. 


Lesson 3: Reinvest in Your Business

Saving & Getting funding


Lesson 4: Business Matters

Liability and becoming an LLC





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