Don’t Overlook The Balance Sheet

30 September 2009 | talking about Stock Market

This spring will be my 10th year in business for myself. By no means does this make me an experts in business but I have learned a few things along the way. There seems to be two type of businesses; explosive and non-explosive. To define this further lets use the example of a sub shop. Once this sub shop gets operating the revenue for the company should be about steady. Of course there are ups and downs but overall there is not one big pay day. Money just seems to come in each month. This would be an example of a non-explosive business. Then there is the example of an explosive business. This could be a Realtor, loan broker, builder, lawyer, or whatever. These types of businesses tend to have big pay days. Money might not be rolling in everyday but when it rolls in it rolls in big.
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