7 Reasons Your Small Business or Freelancing Career Isn't Making Enough Money

ELLEVATE | October 17, 2018

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In a recent post, I answered a question from a small-business owner not generating enough sales. But what if you have sales and are still not making enough money? Here's another comment I received: This particular small-business owner is not making enough money when she compares her current consulting business to her previous corporate role -- “I have *not* reached my corporate salary (not even close)” despite strong sales and clients results. However, this may not be a fair comparison. A previous job might serve Fortune 50 clients, while the current business serves mom-and-pop businesses. A previous job might deliver long-term, multi-departmental projects, while the current business is a solo consultancy with smaller, discrete pieces of work. Make sure the money potential is there in your current business before you expect it to replace your previous corporate salary.

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Radio Flyer

Radio Flyer Inc. , the maker of the original little red wagon, tricycles, scooters and other ride-ons has been a privately held, family-run company since 1917. With a passion for crafting innovative toys that spark imagination and inspire active play, Radio Flyer has built a legacy of premium quality toys. It is Radio Flyer’s mission to bring smiles to children and families around the world, and create warm memories that last a lifetime.

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Spotlight

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