A lot of comments seem to assume that profit = cash in the bank. You can only spend what you have. Depending on the industry, you can have some/most/all of your profit tied up in receivables…which you can’t spend. If you are in this unlucky corner, then you’ll need to borrow to spend on anything extra, which isn’t nearly as fun as spending extra cash.
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Cake day: October 31st, 2023
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EmicationLikely@alien.topBtoSmall Business•What are your most valuable business lessons learned?English1·2 years agoOwn your mistakes. Everybody is human and everybody fu*ks up. If you make a mistake with a client, own it. Tell them. Them them what you are doing to fix it and what you are doing to make sure it doesn’t happen again. Then do those things.
Grew up near a girl scout camp named “Camp Sugarbush”.
More recently, saw a tutoring business: “Just Math - and more!”