I will sell my business when it makes a profit of (??) a year, so that I can (??)

Honestly, before this assignment I had not asked myself this question.  I spent the weekend thinking about this, and I have briefly written out my plan.  This is not my sure fire plan, but as Dr. North has said, “A bad plan is better than no plan.”

Currently my only income is money which I make from doing small jobs in my community.  I save most of this money to invest in my first business. I will not take a loan to start this first business.  When will I start this business?  Hopefully within a year, preferably sooner.  This will most likely just be a simple start-up business.  When I have achieved what I can with this business, I will then determine what it’s worth, and sell it.  I will take all of the money from this business, and I will reinvest it into a second business.

I plan to grow and develop this business to the best of my ability, but eventually I want to get married and have a family.  I will probably sell this business for whatever it is worth.  I imagine I will probably start a low-maintenance side business.  If it were possible to work with my future spouse, and co-own a business I think that would be a great option.

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