Chapter 55.Future Plans
Hi.
I had much discussion about the past,present surveys of the business. I did not much say about the future of your business.
A future is thought, planned when the business does well.
How well is well?
It is when you live and maintain certain
standards of survival.
In simple language its when you make extra
profits,which takes you month after month.
It is when you have accumulated profits 3
months and you have bankable.
It is wise to have a special savings for such
profits.
It is wise to open an called: Desert Account.
You must know that one day u will retire or
even die, then your family should maintain
the business.
You must have another one called: Prediction Fund.
You should have the following in mind:
1.Possibility of expanding your product
through:
1.1 marketing
1.2 space
1.3 funding new customers
1.4 promotion method
1.5 technology trend towards your product
Finances
how much do you want to spend?
sources of the funds.
I had much discussion about the past,present surveys of the business. I did not much say about the future of your business.
A future is thought, planned when the business does well.
How well is well?
It is when you live and maintain certain
standards of survival.
In simple language its when you make extra
profits,which takes you month after month.
It is when you have accumulated profits 3
months and you have bankable.
It is wise to have a special savings for such
profits.
It is wise to open an called: Desert Account.
You must know that one day u will retire or
even die, then your family should maintain
the business.
You must have another one called: Prediction Fund.
You should have the following in mind:
1.Possibility of expanding your product
through:
1.1 marketing
1.2 space
1.3 funding new customers
1.4 promotion method
1.5 technology trend towards your product
Finances
how much do you want to spend?
sources of the funds.
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