|
Posted by John A. Weeks III on February 15, 2008, 12:05 pm
> Hello all, I don’t know if this is the correct venue for asking these
> kinds of questions, but how have your personal bills and budgeting
> affected your financing decisions? I recently started a small office,
> but once I got my first set of phone bills I panicked because of all
> the extra charges that started appearing. I had just started and
> suddenly my bill’s tripled! Is that right?
Without seeing the phone bill, it is hard to tell. Did you
have a business class line installed? Those are often three
times the money of a local line. Do you really need this
extensive phone service? I run my business off of a cell phone,
and the cellular company has no clue that it is not a personal
line.
A common mistake made by new businesses is that they work on
stuff like office space, phone system, logos, stationary, business
cards, etc, and they never get around to doing any business. Then
the money runs out, and they have no revenue coming in, so they
fold up. It is a great way to wipe out your savings.
-john-
--
======================================================================
John A. Weeks III 612-720-2854 john@johnweeks.com
Newave Communications http://www.johnweeks.com ======================================================================
--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.
|