The Importance Of Financial Planning
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Dustin Heath Cannon
May 2, 2013, 1:40:03 AM5/2/13
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Please consider this free-reprint article written by:
Dustin Heath Cannon
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Article Title: The Importance Of Financial Planning
Author: Dustin Heath Cannon
Word Count: 459
Article URL: http://www.isnare.com/?aid=192954&ca=Business+Management
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=192954
Easy Publish Tool: http://www.isnare.com/html.php?aid=192954
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It is easy to jump into a home business without a financial plan. You may have some funds and a great idea and you simply go for it. The drive you have is excellent, but the poor planning can come back to haunt you. The importance of a financial plan is to not only look at today but tomorrow and into the distant future as well. Though we don�t know what may lie ahead in our financial business path we need to prepare.
If you aren�t a gypsy fortuneteller how do you plan? You simply begin with a few what ifs. What if we don�t reach our profit for the year, will we have funds to pay bills and salary? If so for how long? If not, what is our plan B for this situation? These are important questions to ask yourself so that if trouble does arise you can be ready to act on it and not run yourself in circles of panic.
You can�t be prepared for everything, can you? Life throws us a lot of curve balls and all of them can�t be missed. But if you take the time to plan, you are not only using your financial plan to aid you in money, but in emotion as well. Look at hose Americans who suffered in the Great Depression. There were those who were prepared with strength and the courage to push on and fight for life in tough times. This is another type of financial preparation. You have to be prepared to do what it takes to push on when your business is struggling.
With the proper time and effort spent on a financial plan you can be prepared both emotionally and financially with money. You can prepare with back up strategies for losses or create plans that may boost your profit beyond your immediate desires for it. It is important to create a financial plan to give yourself the peace of mind that allows you to give your full focus to your business. There is so much to do when running your own business. Why should you wait to create a financial plan that could save your business and sanity? If you have already created your financial plan, go over it every few months. See if changes should be made or if your plan is still solid. If you have not set up a financial plan don�t put it off any longer. Sit down and ask yourself somewhat if�s and try to set yourself up with some guidelines and create a type of financial safety net for business falls. You�ll be glad you did should an unnecessary event ever.
About The Author: Dustin Cannon, of Next Level Enterprises, LLC is a successful Internet marketer working with top leaders in the home business and Internet marketing industry. For more information on a Coastal Vacations Marketing CoOp visit: http://www.CoopForCoastal.com
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=192954
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
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Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Dustin Heath Cannon
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=192954
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=192954
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: The Importance Of Financial Planning
Author: Dustin Heath Cannon
Word Count: 459
Article URL: http://www.isnare.com/?aid=192954&ca=Business+Management
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=192954
Easy Publish Tool: http://www.isnare.com/html.php?aid=192954
*********************** ARTICLE START ***********************
It is easy to jump into a home business without a financial plan. You may have some funds and a great idea and you simply go for it. The drive you have is excellent, but the poor planning can come back to haunt you. The importance of a financial plan is to not only look at today but tomorrow and into the distant future as well. Though we don�t know what may lie ahead in our financial business path we need to prepare.
If you aren�t a gypsy fortuneteller how do you plan? You simply begin with a few what ifs. What if we don�t reach our profit for the year, will we have funds to pay bills and salary? If so for how long? If not, what is our plan B for this situation? These are important questions to ask yourself so that if trouble does arise you can be ready to act on it and not run yourself in circles of panic.
You can�t be prepared for everything, can you? Life throws us a lot of curve balls and all of them can�t be missed. But if you take the time to plan, you are not only using your financial plan to aid you in money, but in emotion as well. Look at hose Americans who suffered in the Great Depression. There were those who were prepared with strength and the courage to push on and fight for life in tough times. This is another type of financial preparation. You have to be prepared to do what it takes to push on when your business is struggling.
With the proper time and effort spent on a financial plan you can be prepared both emotionally and financially with money. You can prepare with back up strategies for losses or create plans that may boost your profit beyond your immediate desires for it. It is important to create a financial plan to give yourself the peace of mind that allows you to give your full focus to your business. There is so much to do when running your own business. Why should you wait to create a financial plan that could save your business and sanity? If you have already created your financial plan, go over it every few months. See if changes should be made or if your plan is still solid. If you have not set up a financial plan don�t put it off any longer. Sit down and ask yourself somewhat if�s and try to set yourself up with some guidelines and create a type of financial safety net for business falls. You�ll be glad you did should an unnecessary event ever.
About The Author: Dustin Cannon, of Next Level Enterprises, LLC is a successful Internet marketer working with top leaders in the home business and Internet marketing industry. For more information on a Coastal Vacations Marketing CoOp visit: http://www.CoopForCoastal.com
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=192954
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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