Lately, more and more number of young entrepreneurs. Unfortunately, the ardent spirit of young people are often not accompanied by a mature calculation. One factor that often makes "wither before developing" is a condition of financial planning and haphazard. Actually there are some things that should be aware of:
Invest in excess of those required
Many young people who want immediate "wow" at the moment they first opened the business. Many direct employees, rent expensive office location, furniture and office supplies are very modern. According to Alexa von Tobel, CEO of LearnVest.com, a financial consulting firm, should focus on products and services.
Reduce costs in areas that are considered can be solved alone
Young people often oversimplify things. In fact, they sometimes can be a figure of "the lord knows everything". Thus, there are some important things that is often forgotten (read: excluded), such as financial and tax reports. Consequently, when I had to pay business taxes, there are some conditions that make the company incur a fine. Therefore, according to Eric Johnson, a financial adviser from Signature, a financial planner, need to hire experts to overcome this sort of thing.
Do not pay themselves
Because very excited, sometimes we do not care whether paid or not. However, if this habit continued, according to Diana Ransom, a writer of small businesses, could trigger chaos on the placement of money. Namely, sometimes because they feel desperate for money, without realizing it, business owners took the company money because all this was not paid.
Did not plan the worst possible conditions
According to Johnson, there are many young people who felt himself "bulletproof" aka the hurricane lasting shocks that could undermine the effort. Therefore, they tend not prepared when the situation worsened. Johnson's advice, even when young are still many opportunities to improve performance, worst still prepare a plan as a precaution.
Mixing the personal and corporate assets
Young people are usually lazy to separate personal and corporate assets. Consequently, when there are problems with personal assets can go missing, for example, to pay debts. Therefore, it is advisable to separate these assets.
Using personal credit cards for business
Business is business affairs, do not confuse with personal affairs. So, if you want to buy goods or assets to the company, using company money.
Utilizing the company money exceeds the capacity
There are times, when business goes like this and hope that lust buying surge. That should have a fairly standard computer to type and print the document, directly buying the most advanced computers without being able to maximize its usefulness. If this continues, there will be imbalance in the effort that could undermine efforts to raise profit potential.
Invest in excess of those required
Many young people who want immediate "wow" at the moment they first opened the business. Many direct employees, rent expensive office location, furniture and office supplies are very modern. According to Alexa von Tobel, CEO of LearnVest.com, a financial consulting firm, should focus on products and services.
Reduce costs in areas that are considered can be solved alone
Young people often oversimplify things. In fact, they sometimes can be a figure of "the lord knows everything". Thus, there are some important things that is often forgotten (read: excluded), such as financial and tax reports. Consequently, when I had to pay business taxes, there are some conditions that make the company incur a fine. Therefore, according to Eric Johnson, a financial adviser from Signature, a financial planner, need to hire experts to overcome this sort of thing.
Do not pay themselves
Because very excited, sometimes we do not care whether paid or not. However, if this habit continued, according to Diana Ransom, a writer of small businesses, could trigger chaos on the placement of money. Namely, sometimes because they feel desperate for money, without realizing it, business owners took the company money because all this was not paid.
Did not plan the worst possible conditions
According to Johnson, there are many young people who felt himself "bulletproof" aka the hurricane lasting shocks that could undermine the effort. Therefore, they tend not prepared when the situation worsened. Johnson's advice, even when young are still many opportunities to improve performance, worst still prepare a plan as a precaution.
Mixing the personal and corporate assets
Young people are usually lazy to separate personal and corporate assets. Consequently, when there are problems with personal assets can go missing, for example, to pay debts. Therefore, it is advisable to separate these assets.
Using personal credit cards for business
Business is business affairs, do not confuse with personal affairs. So, if you want to buy goods or assets to the company, using company money.
Utilizing the company money exceeds the capacity
There are times, when business goes like this and hope that lust buying surge. That should have a fairly standard computer to type and print the document, directly buying the most advanced computers without being able to maximize its usefulness. If this continues, there will be imbalance in the effort that could undermine efforts to raise profit potential.
Keyword Search for this article
motivation, motivational quotes, motivational quotes quotes, quotes motivational, motivational quotes for, quotes motivational quotes, motivational quotes, motivational quotes, quote motivational, quotes motivation, quotes of motivation, quotes about motivation, quotes for motivation, motivational quotes, positive quotes, quote of motivation, quote for motivation, quote motivation, business quotes, motivational speaker, motivational speakers, what is job motivation, job motivation, motivational stories, employee motivation, motivational speeches, business quotations, staff motivation, what is staff motivation, motivational sayings
0 comments:
Post a Comment