Short-Term Profit vs. Long-Term Business Growth
by Leeia Ladipoh on March 26th, 2008
All companies have two ways of looking at things -the short-term and the long-term. It is important to keep these in balance in order to help your company continue to be profitable over time. The initial outlay to begin a small business is usually a major expense. Many entrepreneurs hit the ground running, waiting for the profits to roll in to pay off the initial expenses and start putting a lot of cash in their pocket. Before you earn those profits, you have to decide whether you want to be able to keep your business running – or just take... Read more »