profits

Posts about profits

Mary,

My suggestions above are the very basics which must first be understood by anyone who is contemplating any earnings through any business. I have not yet moved to the 'high level theory' as you have described it, since for anyone to graduate to that stage, they must be thorough with the basics first. As I have already mentioned in my previous post, I shall be happy to answer any specific questions related to option YYY in case this school ventures to use this option.

Hi Paul,

AA

Your - 'which "possibilities" do you have in mind?'

That's right, Rick. Since most farm related activity is risk-prone, with plenty of uncertainties related to weather and other factors, it is wise to pump all earnings back into the business, and the members must keep only the amounts required for self-sustenance. This practice of pumping maximum earnings back into the business may be required till such time that enough resources and infrastructure have been created. Only thereafter must the members think of taking out more profits in addition to self-sustenance needs.

Vijai

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