Retailers Forum Sept. 2014 Sept 2014 | Page 74

FORUM WORKSHOP Forum Workshop 7 Donʼt rush into other ventures until your staff is saving for 7 well-trained, and has gained your trust so that retirement • you can hand them not only the keys to the and you door, but the authority and knowledge to handle had been S whatever happens in your absence immedi- g u a r a n E ately. Sound simple? It is, but you wonʼt do it for teed that P T a year or two. Itʼs just not comfortable for either Social SeE you, the owner, o r for your employees. curity will M not exist B and you E CHECK YOUR SAVINGS will live to R 2 Finally, before you expand, consider the be 100. Save regularly and as much as you can. “Sav0 1 amount of cash you have in the bank. Not ings” are monies that you do not pay to your4 the money you or others invested when you got self, the owner. Having this money demands started, or your working capital, but your sav- that you have the self-discipline to pay yourself ings. Odds are by the time you actually opened last – after the bills, the staff, the savings acfor business you didnʼt have much start-up cap- count, taxes, and whatever else happens. ital left. If you did, add to it as though you were continued.. : ion tent At Screen Printers Discount Stores Wholesaler selling huge inventory of First Quality Blank T’s & Sweats F O R U M Jerzees 6.1 oz. High Cotton As Low As: $2.08 Fruit of the Loom 5 oz. 100% Heavy Cotton HD T-Shirt As Low As: $1.87 Order with Confidence www.BlankTees.info Jerzees 8 oz. NuBlend 50/50 Fleece Crew As Low As: $5.68 100% Satisfaction Guaranteed Flat $5.99 Shipping