Sunday, 3 May 2009

Concentrating on turnover rather than profit

Today, the store over the road from my flat closed down. At 8AM I went to check out if they had any reduced prices. Everything was discounted, from loaves of bread from 12p to tins of spaghetti for 14p. I spent the whole morning bringing back groceries that would last a good couple of months. Currently having very little money and no income made it hard to resist.

I've been through a stage before were I've had no money left at all. My business was heavily in debt and I could no longer afford the bills. I pulled myself together and started working extremely hard, concentrating on turnover rather than profit so I could pay bills and not go further into the red. I started working every day and night, including getting up early on weekends to concentrate on trade shows. I'd sometimes work through the night, letting the addiction of business and selling take hold. It took about 3 months of constant hard work, but I finally pulled through. The business was in shape once again.

I can't do this now as I have no turnover to manipulate. I need to find myself another income that can support me and my girlfriend.

No comments:

Post a Comment