Never stop budgeting, planning, projecting.. I have a running twelve-month pro-forma budget that is a living document. After adding some general assumptions about the next twelve months (expected growth, inflation, etc) I have a pretty darned good idea of how my near-term future looks and I usually can see areas of improvement that are needed before they become critical. That goes hand-in-hand with your historical tracking, @Bronze_Palms, because that is exactly where I find my starting point.
And @WoodCandleCo... yup... adapt or die... the "fittest" entrepreneurs are the ones that wake up every day and are open to whatever changes they face. I'm to the point anymore that I welcome change. Heck, other than the obvious downsides, the pandemic was a blessing for Piper's, though it took me a while to see and accept that fact. Without it, I probably wouldn't be in business today because I was definitely stuck. Ha.
Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)
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