Every business sets out to be successful, and here is a basic template you can follow....
1) Get committed to a plan - Know your Y (purpose) for being in business!
2) Know your financial situation - income vs expenses, look for red flags!
3) Appropriations - Know where every dollar goes and what it earns!
4) Combat debt - track it, attack it and get rid of the most expensive debt first!
5) Income Planning - Focus on what consistently returns a profit and invest in those!
6) Emergency fund / plan - Know what to do if you lose your capital reserve or can't work!
7) Progress - Track your progress every month, income sources and expenses, set goals!
8) Tax planning - Know how to use this to your advantage! Most ignored topic..
9) Adviser - Extremely important! Find an expert when it comes to financial advice!
We know financing, this is what we do, for an honest review of your financial situation, allow us to be of service to you. Simply contact:
Michael Koprowski
Account Executive
1-808-259-1635 Direct
1-888-875-8918 Secure Fax
Merchant Banking
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