I seem to have so many debts, I don't get to see any profit and am making sales. How do I manage that? Please help
How do I manage my money?
How do I manage my money?
You're lacking financial discipline and you don't have to someone to hold you accountable, you need to get financial discipline and to be held accountable, and here is the thing if free cash-flow meets debt-service that's it that's what you need to talk,stop going into debt when free cash-flow can't service the debt.so you need first to start working on a debt recovery plan, that debt in to be over for your business to survive, for more conversation on how your debt can recover you can reach me up on WhatsApp line: +260960608491
It's common for businesses to not be profitable for a period of time while growing and reinvesting into the business. I would look at your accounts payable/receivable to identify if unnecessary spending is taking place which would need to be corrected. It may be helpful to speak with an accountant and business planner for insight.