Natasha Thompson Culver City

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Natasha Thompson Culver City

Plan everything.
 , and make conclusions based mainly on the facts as revealed through the research. Business planning also serves a second function, which is having your goals and how you will achieve them, on paper. You can use the plan that you create both as map to take you from point A to Z and as a yardstick to measure the success of each individual plan or segment within the plan.

 Manage money wisely.

The lifeblood of any business enterprise is cash flow. You need it to buy inventory, pay for services, promote and market your business, repair and replace tools and equipment, and pay yourself so that you can continue to work. Therefore, all home business owners must become wise money managers to ensure that the cash keeps flowing and the bills get paid. There are two aspects to wise money management.

    The money you receive from clients in exchange for your goods and services you provide (income)
    The money you spend on inventory, supplies, wages and other items required to keep your business operating. (expenses)

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