Reinvesting in the Business
» Reinvesting in the Business, Volume 3, Issue 3, 2003
When I use the term MAJOR investment in your business, I mean an investment or series of investments where the total purchase price amounts to around 5 percent or more of your annual gross receipts.
If respondent makes major investments in the business.
9. Do you have a written business plan projecting the MAJOR investments you plan to make in your business over the next few years?
Response | ||||
---|---|---|---|---|
1 | Yes | 31 | ||
2 | No | 68 | ||
3 | DK/Refuse | 1 | ||
Total (%) | 100 | |||
N | 721 |
Notes: Thirty-one (31) percent of small employers who make major investments in the business have a written business plan projecting major expenditures over the next few years (Q#9).