However, I believe the majority of people dread having to deal with investment matters, and tend to jump into purchases and then hold their breath hoping for the best. After a long day at work and taking care of the family, it's hard to get excited about reading up on your 401(k) options, Morningstar ratings and fund performances.
What you have just established is a realistic working year, not the number of billable hours. You still need to account for marketing time, administrative time, bookkeeping time, equipment maintenance, continuing education, etc. You also need to calculate in equivalent time for self-employment tax, local business taxes, etc. In many locales, this can add up to an additional 20% or so in time or money.
Whether investing or borrowing one must evaluate all the available alternatives in order to make an intelligent decision. However, you may not wish to take time away from your daily business to investigate every possibility.That is where we can help.Each of our plans affords unique benefits, and can be tailored to your individual requirements. Because we are more diversified than the traditional lender we can offer exactly what will benefit you most.