Do you know how much profit your business needs to make to be successful?
You may be surprised.
For a business to be successful and sustainable in the long term it needs to make more than just the owner’s wage. It needs to cover loan repayments, increases in stock or debtors and asset replacement.
Check out the video below and discover my simple formula for estimating how much profit your business needs to make to be able to pay its bills.
[su_youtube_advanced url=”http://youtu.be/eYRgSk6mEnQ” width=”780″ showinfo=”no”]Tags: Business Advice Profit