Medusa

Developing Businesses through Managing Profit Allocation

<p class&equals;"normal"><span lang&equals;"EN">A business must continuously grow&comma; otherwise it will die and end up with stagnation&period; The business will potentially be crushed by other similar businesses which have more potentials and advantages than you have now&period; Therefore&comma; it’s best for you to keep developed as you can grow and have a greater number of opportunities in the future&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">The key is to manage your business profits appropriately&comma; so businesses can grow rapidly&period; Managing business profit can be conducted through these allocation steps&colon;<&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><a name&equals;"&lowbar;5fi3vc8hl8hy"><&sol;a><span lang&equals;"EN">• Separate your personal finances from the company’s<&sol;span><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">Never integrate your personal account with company account&period; This is will confuse you to calculate and book company’s finances appropriately&comma; and of course&comma; very risky&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN">Or&comma; you will most probably use company money for personal interests&comma; because the interpretations that your company&&num;8217&semi;s money is your money as well&period; Keep it in your mind&comma; it is not&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><a name&equals;"&lowbar;y89mnpep0plb"><&sol;a><span lang&equals;"EN">• Use 10 per cent profit for business development<&sol;span><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">Once you have booked company profits&comma; you should begin to separate them for various business interests&period; Business development is certainly one of the most important sectors that you must prioritise&period; It’s suggested to allocate 10 per cent shares of the profits to the business development posts&period; Business development can be ranging from opening branches&comma; improving human resources&comma; upgrading support tools and instruments&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">Your 20 per cent shares of your business profit should belong to investment&period; It’s very important as you can’t fully predict the future of your recent business&comma; it can be your safety guard&period; There are various investment instruments&comma; such as deposits&comma; gold&comma; savings&comma; stock&comma; or property&comma; anything that’s suitable to support your recent business&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><a name&equals;"&lowbar;7tskeqxcpnjv"><&sol;a><span lang&equals;"EN">• Allocate 10 per cent to Personal Funds<&sol;span><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">It’s suggested for you to 10 per cent shares of your profits into your personal account&period; After all&comma; it is very important for you to enjoy the results of your hard work&period; You can consider it as salary for CEO&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><a name&equals;"&lowbar;nkffr8z73duk"><&sol;a><span lang&equals;"EN">• Allocate 10 per cent for Social Purposes<&sol;span><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><span lang&equals;"EN">You will be very grateful for the amount of success and profits from the business you now have&period; For that&comma; it would be very appropriate if you set aside specifically 10 per cent shares of every business profit you have as a social fund&period;<&sol;span><&sol;p>&NewLine;<p class&equals;"normal"><span lang&equals;"EN"> <&sol;span><&sol;p>&NewLine;<h3><a name&equals;"&lowbar;tkgvn2bp532q"><&sol;a><span lang&equals;"EN">• Turn 50 per cent to Your Venture Capital<&sol;span><&sol;h3>&NewLine;<p class&equals;"normal"><span lang&equals;"EN">In order to keep your business grow&comma; you’ll have to keep turning business capital&period; It’s best for you to allocate the rest of 50 per cent shares of your profit to capital posts as a healthy capital turnover will keep the business developing and expanding rapidly&period; <&sol;span><&sol;p>&NewLine;

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