Sage Declaration No. 14 ::: Be Profitable

Many of us went into business for ourselves because we wanted something to feed our soul.  We gave up well-paying jobs to realize our dreams of being an entrepreneur.  With that, we said, “There is more to life than money.”  And, for some reason, so many in our industry have accepted the notion of “starving artist” as an option.  Why?  Why would sacrificing an income be an acceptable way of owning a business?

To be in business, you must be making money.  You must be profitable in order to have a sustainable business.

How do you plan to create a sustainable business?  What is your plan for profitability?

If you don’t know or are not sure, you need to figure it out or you won’t be in business long.

You MUST be profitable.

For more wedding business insights… read our sage declarations.

March 15, 2010 - 9:20 pm

Martine - Michelle, I love you for this post because I have been floating along creating floral arrangements and designing parties and I basically do not have customers. Excuse me – paying customers! And I finally had a chat with myself and reminded myself that if I don’t have paying customers than I’m not in business, it’s just a hobby…

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