What should i do with my business?

Question

I have a small business. it could be very profitable i can already see that. the figures dont lie.

problem is i work 40 hours a week and go to school full time. i devote time to my business on sundays. im bored, & tired and broke.

ive been using all my business funds to pay my bills lately. the money from it helps alot. but im burnt out and dont have the funds to expand it. what should i do?

Answer 1

Pick two out of the three; bored, tired, broke.

Seriously, if you can hang on you will be bored and tired but, since your business is profitable, you won't be broke.

On the other hand, if you fold the business you will be broke and bored, but you won't be tired. (You will be bored because you won't be able to afford to do anything interesting.)  

So, I think it is a choice between being broke or being tired.  I would recommend that you be tired for the time it takes to get through school.  Once you graduate you can focus on expanding your business to the point where you can quit your 40 hour per week job and get on with your life.

Hope this helps

Jerry-the-bookkeeper