‘Tis the season of giving, so that means it’s time to give to others. But what about giving to yourself? Every year we spend thousands of dollars on buying gifts for friends and family, but what if for just one year we hold off on it? Instead, we use the money to plan and invest in a business.
Imagine if just for one year your friends and family don’t receive a gift, but instead the following year they receive an even bigger gift which makes up for the year that you missed. Oh yes, don’t forget that you will be able to afford these bigger gifts from the profits of your new business. Here are 3 ways you can use your holiday shopping cash to invest in a business right now.
Go half on the gifts & Register for the upcoming business conference or training
Instead of spending all of your Christmas budgets to buy gifts split it in half. Use the first half to register for the upcoming business conference or training that can help you to plan your business. Use the second half to buy smaller gift items for friends and family for the holiday. If you are a person that wishes to invest in yourself and still participate in holiday giving this plan will work best for you.this plan will allow you to give to yourself and to others.
Purchase business books for no more than quarter of your holiday budget
This time of the year every business owner is literally offering a discounted services and products. It is almost certain that you can purchase their business e-books to help you plan your business. Even if you don’t want to purchase an e-book you can also go to your local bookstore and purchase other business books I can help you to plan your business. Local bookstores are also having holiday sales which come with major savings. The purpose of purchasing business books is to expand your educational knowledge for operational functions of your business. Purchasing business books will also help you to determine some of the best practices in which you can apply to your business.The cost of purchasing the business books should be less than a quarter of your holiday cash budget.
Hire a professional to help you and invest it all
If you’re ready to really put the giving on hold then this is the best plan for you. With this option, you can use your entire holiday cash to invest and plan your business right now. No more waiting on opening your catering business, your daycare or even have a very own boutique. but instead, you’re going to take your holiday cash and invest portions of it in hiring professionals to help you plan the parts of your new business. This plan pays more than holiday shopping.