Page 67 - Paulisms: Gold Nuggets for Small Business
P. 67

 dramatically decreased our turnover and profitability. In good months you can have up to twenty-three working days.
So, when you look at the number of days in a month, you really need to consider the number of working, productive days. Think about this when doing your turnovers and budgets. And then get the ‘fear factor’ out and drive things along if you are going to have a poor month. As I said, it can really affect your business performance.
Ironically, the day I was writing this chapter, we attended Christmas evening celebrations at my daughter and son-in-law’s place. I asked my son-in-law how his month had been. He said it had been a struggle, as it was such a short month with Christmas (December and January in New Zealand are always tough due to the summer holidays – I used to budget the turnover for December and January together in view of how short the months were). He also mentioned how good five-week months are, like the twenty-three-day months.
 































































































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