Subject: Small Business
Financial Health:
I assess my financial statements almost daily, comparing the cash in the bank to the upcoming expenses for payables. I maintain a chart on my phone listing payables such as credit cards, taxes, payroll, rents, and vendors on net 30. I then compare my bank statement against this chart to ensure that I am on track.
Additionally, I believe that managing debt is crucial for financial health, so I keep my pay draws within my means. I establish clear financial goals and monitor my progress towards achieving them.
Oliver Pattison
Just Ink Services
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