Today Annette is talking to us about spending and whether it’s working for us or against us. We’re all in business to make a profit and part of that process is knowing whether the expenses you incur are helping you reach that goal or are keeping you from it.
Annette suggests we examine every expense and determine whether it’s giving us a return. If it’s not giving a return you should examine it to determine if it’s really something you need. She uses the example of office space. Is that something you really need for your business or do you have it because that’s what we’ve always done. She wants us to know why we’re spending money on items if we’re not getting a return.
And she talks about time as a currency also. She asks us to examine the time we spend and determine if we’re spending our time wisely.
Be sure to go to www.annetteferguson.com for more information.