
Merry 2010 CHRISTmas to all! Did your business return a gift of profit to you this year?
(Read time approx. 3 minutes.)
This is the sixth misconception in a series of six. The concepts being discussed here will likely be counter to your beliefs. The comments left on the previous posts are quite interesting so you may want to go back and read them.
Click HERE to go back and begin with the first post related to this series.
“Was any profit left in your business this year?
“My salary is in the profit.”
“We don’t want to be ‘greedy’ about it.”
“If we do everything ‘right’ it will all work out in the end.”
“We leave all the profit in the business.”
“I get paid in the rent.”
Those were common responses to our questions about garden center profit going back several years:
Filed under: Change, Economy, Management, Merchandise, Planning | Tagged: bottom line, budget, credit cards, debt service, Marketing Plan, Merchant Plan, Operating Plan, payroll costs, profit, restructure, vendors | Leave a comment »