Friday, August 12, 2011
Running Your Own Business
My husband went to see his brothers business yesterday. It made me so glad that I run my own business in the way that I do. When I was selling books I began to understand how difficult things can be if you have lots of stock sitting about, money invested in it and nothing being sold. He was in the position where he had lots of equipment and although he did have work in, there was a lot of money invested in it. I have got to the point where I will not even buy a bluetooth barcode scanner without thinking hard about how long it will take to get my money back and since I have been stricter on my business spending, I have been making more profit. Obviously you do need to take risks sometimes and there are things you have to buy to make the business work, but I am happier not spending very much and keeping my profit margins higher.