By Corona at September 04 2019 16:42:23
So, let's see how we would make a business plan that would show exactly how your business could give you the salary you want. First you would determine what you would like your salary to be. You've dreamed about having a nice income to support your dreams I'm sure. Let's say right now you only make what your profit is giving you which might not be much. So let's say the first year, next year, you would love to have a consistent monthly salary of Ŭꯠ a month, every month. And every year you would like to be able to increase it so that after 10 years it would be at บꯠ per month. And let's say you would like to grow your business 10% each year.
To me a small business is one of the best things you can have if you enjoy operating a business; however, it does require a lot more than just enjoying ownership and running a business. Especially if you are starting a small business and even if you have had a business for many years, you should know what you want for your future. Never guess about your business. You see, without a plan, you are just guessing. We business people work hard and we always continue to hope for the best but when we guess, we're taking a lot of risks. You've probably heard the old saying from an unknown author that says, "If you fail to plan, then plan to fail."