Sunday, July 29, 2007

running a business - profits

hi all,
if your business is successful then you should have lots of left over profits.
but what should you do with these profits?
it completely depends on the type of business you own but here are some options

  • take it yourself
  • reinvest it into capital, (computers, tables, resources that are not natural or human)
  • if you have enough money set up another branch to your business
  • hiring more specialised and efficient workers
  • bank it, make sure you have a good interest rate
  • invest it, there are many ways but mainly stocks/shares
  • pay back any debt
  • take it yourself (again)
happy money making
ideas and support to kidbloggers@gmail.com

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