How Long Can I Keep Going?
Most businesses are going through a rough period. The worldwide economy has been in a depression or a recession, depending on whom you ask, for many months. Now, finally, some businesses are beginning to see the light at the end of the tunnel. The worst appears to be over. The recovery may come soon. For some businesses, the question is whether the recovery will come soon enough. From the largest corporation to the smallest individual shop owner the calculation is the same. Some items in the formula may be more complex for a large corporation, but they are fundamentally the same. A large corporation has many accountants to do the calculations, but small shop owner calculates the same formula. Do I have enough coming in or can I cut down on what’s going out to keep the business going a little longer? Can I find ways to bring in more money? How can I reduce expenditures even more? If I do these things, how much longer can I keep the business afloat? Will that be long enough? How many mon
