Growing a business with no spend day challenge

[cherry123]

No spend day simply means that will be a day that a business will decide not to be spending money. No matter the expense you choose to carry it over. This will help with profit retaining in the business for that day. There will be no use of profit that day. What do you think, do you think this challenge can work for or against a business?

 

[Starmix]

You can do it by closing your business because doing it may lose the interest of the usual customers. It is also very impossible not to spend even a cent in a single day.

 

[Stardom22]

In normal circumstances and even when we base on the the business principles, it implies on purchasing and selling for you to get the profits. So when no purchases has been made it means no profits for the business for that particular day. This would mean no payment for the workers and even yourself.

 

[nomad]

If you are running a business, I do not think you will be able to do that. A business needs money to run, you need money to pay staff, you need money to pay rent, etc.

 

[Starmix]

You may not spend the proceeds of your business however, you have other source to be spent for the daily needs. It's difficult to think having a business but no spending.

 

[eldavis]

I doubt it is even possible to not spend when it comes to business. If a business owner wants to make money, they will have to spend in one way or the other to achieve this.

 

[freelancermaria]

I am not sure if business owners can avoid daily expenses. There are always some inevitable costs that need to be taken care of.

 

[Tracee1]

No spend day simply means that will be a day that a business will decide not to be spending money. No matter the expense you choose to carry it over. This will help with profit retaining in the business for that day. There will be no use of profit that day. What do you think, do you think this challenge can work for or against a business?

Not a bad idea but for now it's next to impossible to do this as my business is at her early stage l.

 

[cherry123]

Not a bad idea but for now it's next to impossible to do this as my business is at her early stage l.

You can still do it where by you move all that you need to spend for that day to the next day and that's it.

 

[Shavkat]

I personally think that we can control the expenses. But then, it is not that easy.

 

[King Belieal]

A business always requires one form or input or the other to run smoothly. It is really laughable that a business organisation that wants to make money would wish to have a no spend day. How would the money come in?

 

[cherry123]

You just have to push all that you need to buy off that day. Just that one day would not kill the business