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Introduction

We are pleased that you have taken an interest in this subject. Not too many small business owners have a great concern for learning financial knowledge, or at least not until they wish they had earlier. It is your knowledge of finance that will provide you to create a financial plan for success in pet grooming, and to collect and evaluate information you need to make important decisions about your business. How can anyone create a more prosperous business and a potentially greater personal income from the business without taking financial planning seriously?

Decisions you make know affect your lifestyle many years from now. We want to help you to learn how to make more informed business decisions, and to develop a financial plan for your new or expanding pet grooming business. In the years ahead, you will be glad you took the time to learn financial management for your small business. Every successful small business owner gets the assistance they need to create and manage a financial plan, even pet grooming business owners. Here's how.

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From Problems to Profits
The Madson Management System for Pet Grooming Businesses

Excerpt From the Multiple Award-Winning Writer
Madeline Bright Ogle, PhD

"Puppies and kittens need their owner's care and commitment to develop healthily. Similarly, a pet grooming salon also needs care and commitment to be healthy. Pet salons mature by maximizing their client base, profitability, and pet care services. If they don't, they risk financial stagnation. Financial planning means how to make money in a business and how to spend it. Good financial planning enables you to make more than you spend. The business plan describes the goal and financial planning writes the monetary expression of that goal...Financially successful owners of a pet grooming business engage in financial planning and unsuccessful owners don't. Running a business without a detailed financial plan in writing is like traveling to an unknown destination without a map. You might get there, but don't bet on it."

Copyright 1989, 1997 Madeline Bright Ogle All Rights Reserved

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There is more important financial and bookkeeping information on the next page.
 

    


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