Friday, March 28, 2014

Excessive Spending

Wouldn't you like to close your company for a week and take all your employees and their significant others on a Caribbean cruise? You only live once so why not. Your customers will have to wait because you need a break from the boring normal routine; your business owes it to you. There's money in the company checking account so why not use it? When you get back the customers will be lined up begging you to take their orders and ready to pay. Why didn't you think of this before, you could be doing it every year!

It's time to get your head out of the clouds and face reality. Don't back yourselt and your business into a corner with unnecessary spending and think that future sales will bail you out. You may not be able to process those future orders if suppliers stop shipping because of unpaid invoices. You can not only lose the sale and profit but a valuable customer as well. Pay your suppliers and other expenses first before you waste money on things that you don't really need. We all can dream but realty catches up with us eventually.

Barry is available as a speaker for conventions, trade shows and company meetings. www.idealetter.com

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