Small Business Monday: January 2017 Results

The January 2017 results for KMS Outdoors might give you pause.

But it’s all part of the joy of owning a small business. As with the 2017 budget, “revenues” include amounts where I am an employee as well as a solopreneur. This is not how I report income for tax purposes and nor should you. It only helps me understand how the year plays out.

January 2017 Results

 tml here.
Actual
Budget
Revenues
 $333
$1,113
Expenses
$1,090
$1,637
Net Loss
($756)
($524)

 

Not for the faint of heart, for sure. But I know what is coming down the pipeline and when I can expect a turn-around. February is likely to be even hairier as I invest in a few key pieces that will allow me to grow.

Hang on for the ride!

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