Friends: Most of you probably already do some business analysis at the end of the year, but for those who don't, I would recommend it. I consider my fees to see if anything should be changed and make a budget for the coming year, being sure to include funds for IRAs. This has really helped even out our spending and saving plans. My receipts go into a savings account, and from that I give myself the same advance every week, just like a paycheck. This keeps us from blowing all the money when a lot is coming in, then wondering how to pay the bills when business slows down. Does anyone have other helpful suggestions? I do not know how seriously we should take the y2k thingie. Any thoughts on this? When I brought this up before, someone suggested that consumer spending may be up this year in anticipation of y2k, but I question whether piano service will be included in that. Since I suspect my work could slow down toward the end of the year if people begin to conserve their financial resources, I plan to build up a little financial kitty during the first part of the year, just in case. If I don't really need it later on, then we'll earmark it for something else. :-) In any case I think it's wise to plan ahead! Clyde Hollinger, RPT Lititz, PA
This PTG archive page provided courtesy of Moy Piano Service, LLC