Great Products Alone Don't Guarantee Your Profit

Why a great product won't guarantee you make money

Alex Matjanec helps consumers manage their money better through MyBankTracker.com, and he says many entrepreneurs live "invoice to invoice" because they fail to grasp basic financial principles. Know your true costs, don't confuse profits with cash flow and plan ahead to take advantage of tax deductions, he urges. When it comes to pricing, "plan to start high with expectations of lowering." 

BusinessNewsDaily.com 
http://www.businessnewsdaily.com/bank-tracker-money-advice-1168/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
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