- HOW TO GROW YOUR SMALL BUSINESS COMPANY CARTOONS -
SINGLE Cartoon:
"Grow small business" (GRW1)
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"Getting your money to compound for you... $100, 000 compounding at 15% for twenty years will grow to $1, 636, 653 in year twenty, which gives you a profit of $1, 536, 653. But let us say you lost $90, 000 of your initial capital... you... could only invest $10, 000. Your investment would then only grow to $163, 665 in year twenty, for a profit of $153, 665... The larger the amount of money you lose, the greater the impact on your ability to earn money in the future." - Quoted from The Tao of Warren Buffett - Warren Buffett's words of wisdom explained, Mary Buffett & David Clark, Pocket Books, 2007, page 3.
This cartoon illustrates a small or medium enterprise (SME), accelerating business growth by maximizing profit, due to their profit protection planning (profit loss prevention exercises). A SME or SMB without profit is like an automobile without wheels!