No spend day simply means that will be a day that a business will decide not to be spending money. No matter the expense you choose to carry it over. This will help with profit retaining in the business for that day. There will be no use of profit that day. What do you think, do you think this challenge can work for or against a business?
Growing a business with no spend day challenge
- Thread starter cherry123
- Start date
In normal circumstances and even when we base on the the business principles, it implies on purchasing and selling for you to get the profits. So when no purchases has been made it means no profits for the business for that particular day. This would mean no payment for the workers and even yourself.
I am not sure if business owners can avoid daily expenses. There are always some inevitable costs that need to be taken care of.
Not a bad idea but for now it's next to impossible to do this as my business is at her early stage l.
- Thread starter
- #9
You can still do it where by you move all that you need to spend for that day to the next day and that's it.
A business always requires one form or input or the other to run smoothly. It is really laughable that a business organisation that wants to make money would wish to have a no spend day. How would the money come in?
