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When your feeling low with more ‘stuff’
to do than you think you can face - just remember where we came
from...
We closed our business at Christmas 2005.
Hadn’t been paid for 3 months
Paid the Staff up to date
Had Christmas on Credit cards
Owed the Inland Revenue £30k
Owed the Vat man £16k
Owed the Bank £42k
Hadn’t slept since September
And now...
As at the end of October 2006
Business in profit £14k YTD
Paid ourselves (Chris £30k pa, Babs £8k
pa)
Had £10000 of our £14000 investment
back
Up to date with VAT
Up to date with PAYE
Kept 10 people’s jobs going
Spent net £10760 on training
Looking forward to having real quality time in
2007
CH
Owner
CMH Joinery