Closed the Books on 2007 and look into 2008

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ashaw

Member
Joined
Jun 23, 2004
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1,590
Location
Phila, PA, USA.
Getting ready for the annual tax season. Just finished closing the books. The business grew 426% over last year. Last year the business was 3200.00 in the hole. This year it was only 550.00 in the hole. Next year we may see a profit. I am in negotiations right now with a 2 large retailers. Hopefully by February I will know which one I will be doing business with. The revenue generated from them will be in the 80k area.

I want to thank both Ed and Lou for allowing me to talk they are heads off trying to get an understanding about this business. There have been many times this year I was wondering if I was doing the right thing. I am giving away a pen at the Philly pen show. The promoters decided to make it the grand prize. Hopefully this will futher get our name out in the pen world.

Thanks again to the IAP world.
 
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Originally posted by ashaw

The business grew 426% over last year. Last year the business was 3200.00 in the hole. This year it was only 550.00 in the hole. Next year we may see a profit.
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That must be a really big relief to you. Congratulations!
 
Alan,
I think you need to take lessons from the returning person who claims to make a $1,500 profit most weekends with shows every single weekend of the year.[:0];)
 
Waiting breathlessly for those lessons and a peek at their website. [:p][}:)];)
Originally posted by gerryr

Alan,
I think you need to take lessons from the returning person who claims to make a $1,500 profit most weekends with shows every single weekend of the year.[:0];)
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