By MJ Plaster
Traders live and die by the trend. “The trend is your friend,” they say. Amateur traders who become emotionally attached to a stock hang on too long, just as stubborn business owners hang on to something “they’ve always done” instead of reading the tea leaves and adjusting to meet emerging business conditions.
The holidays are a magical season. Retailers often see more sales in November and December than any other months. Sometimes they see more sales in those two months than in all the other months in the year combined!
Yet you should never direct your efforts to those two months and forget the other 10 months out of the year. Your business thrives during those months because you have put in all that extra effort. It’s important to try to direct some of that effort to your business throughout the year.
The holidays can also show you a lot about your business. In fact, you can learn a lot about your business based on what goes on during the two holiday months. If your business plan has holes, they will grow to the size of beach balls during the holidays. Find out some tips and tricks that you can employ all year to ensure your business stays fruitful even in the slower seasons.
It’s normal to feel some trepidation before you make a big purchase. On the one hand, you’re excited about purchasing a product or experience that you’ve had your eye on, but on the other, you may wonder if this is how you should be spending your hard-earned money. Everyone gets a bit nervous about wasting money, and that feeling is magnified when it would be hundreds or thousands of dollars.
You don’t need to agonize over those big purchases, though. These simple tips will help you figure out if you should go through with a purchase or save your money. Continue reading
