"Hidden Profits"

Larry Janesky: Think Daily

If you have $20,000 in receivables on Jan 1, and $60,000 in receivables on Dec 31, you made $40,000 and loaned it to those that owe you money.  If you have $20,000 more in product inventory at the end of the year than at the beginning, you made $20,000 and decided to buy inventory for future jobs with it.  (Hopefully the inventory is usable and still relevant.)

If you bought a new truck or computer or desks or buildings, (things that last and provide you benefit longer than a year), you made money and decided to invest it in your future.  Many business owners don’t make as much money as they had hoped, but have built/invested in their businesses to be greater profit generators in the future.

What “hidden profits” did you have last year?

 

Rob Videon

I have been profiting and investing in my business for a long time. I am starting to see how that eventually pays off! I also know that the cycle will continue as long as we continue to grow! I am a steward over the company and that meas a wise manager of its resources. I am not going to take all the resources and use them for my own pleasures. I must want and wait for the things I want & strategically plan and save for my wants.

Proverbs 21:5 Steady plodding brings prosperity and hasty speculation brings poverty!

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