Have you ever heard the song ‘one plate for two ‘. Yes, this article has the similarity. We will talk about the money. Yes, the money in business and for the businessman. And many of those are setting up the shop from zero, further from minus. And from the background, they are not from businessman family.
So they make it on their own strength and personnel capability. Well, this make they can’t survive. Not because of their bad and lose in competition but uncap ability to manage intern company. This time we will talk about financial business management especially business and family financial management. What is business money? It is money got by doing business.
And it differs to personnel one. For some people they don’t think it is important. In fact, the money is our money. If we need just take from the office drawer and pocket. And if we need for business we can take from the home drawer. It is no problem, isn’t it? That is may be your response. But remember, this make we are fail to manage our money. The combination of desk is no problem, but combination of importance that is the problem. Please think about my opinion why this is not good.
1. Not clear how much is the family need
Why? Yes because you always think it always exists. What is the effect? By uncontrollable taking, you may have taken the business money for personnel need. The result? The money liquidity is disturbed.
2. Can’t get the profit
How can? It can, because you have combined the two needs. The effect you may have the profit for the outcome that day.
3. Disturbing the deadline of debt payment
This can happen because you have taken the money for paying debt for personnel need. Is this likely to happen? Yes, very possible. There is an interval time between the income of business and the payment of debt makes us as if we can the more income. On the contrary, it is for our debt. If this happens, will disturb the time schedule of paying debt. There are still more the disadvantages of it. So although the money is in one drawer, but always remembers, MY MONEY is YOUR MONEY, YOUR MONEY is not OUR MONEY.
Have a nice work!