Your Profits Are Not A Joke

Yes, having a sound business plan, being aware of the competition, meeting the needs of your customers, and executing a solid marketing strategy can make your business successful sooner rather than later.However, it takes time to build a reputation and gain repeat customers.During that time, don't treat your business and your profits like an April's Fool Joke, because you will exhaust a great deal of your funding.Remember: Don't ignore the numbers! They speak a very particular language. The language of a Profitable Business.If they tell you that it should take three years to show a profit, then don't start spending your profits in the first six months before you have any.Too many businesses (particularly home based businesses and online businesses ) have made the mistake of spending paper profits.Remember that banks and venture capitalists look at financial statements, and eye balls don't pay the bills... real money does!When should you start looking at your profits?The sooner the better. You should plan for your profits before you start your business, and you do that in your Business Plan.OK, I know you didn't do it before you started your business, but now is better than never! Trust me when I tell you that it's costing you money not to have a Business Plan, and I don't mean hundreds of dollars.. I'm talking 30 to 50 percent of your profits can be saying bye bye to you right now, without you even knowing it.Let me give you a clear picture... Have you ever seen a house that was remodeled and rooms were added to it randomly? What if on the other hand you see a house and you can't believe it was remodeled and rooms where added, because they were planned from the beginning? Do you get the picture?


Structure your business as if you are going to make $1 Million Dollars, and celebrate when that day comes (it might be closer than you think). The alternative is having to lose a lot of money, when you get there, because you didn't plan accordingly... I think I like the first idea better.I know Business Plans can be intimidating, and if you don't know how to use them, they may seem like a good dust collecting object, but the truth is that a Strategically Built Business Plan, and tailored Financial Statements are managerial tools that can easily double your profits almost instantly.I know it's all confusing and fuzzy. It's like speaking another language, and fortunately for you I'm fluent on those languages and I'm more than happy to show you:a) either the basic words you want to know in every language ( you know beer, bathroom, thank you )b) the whole enchilada, so you can be proficient and independent, making financial decisions that put money in your pocket day after dayc) and of course, anything in between...Normally, unless I'm running a promotion I don't offer my private sessions, because my calendar is full, but because I love my readers and I want to offer something super special that I've never done before.