Coping With a Loss or Drop in Business Income
It would be lovely if we were in a constant upward trajectory in our home businesses and each month, quarter, or year our income just went up and up and up. But, unfortunately, the world of business just doesn’t work that way. For a person who is used to getting a steady paycheck or salary that is regularly adjusted for cost-of-living increases, the fluctuation of cash flow in a home business can be a tough pill to swallow. It can take some adjustment to regroup when there is a loss or dip in income. Planning can help, and preparing for … Continue reading