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Updated over 8 years ago on . Most recent reply presented by

User Stats

20
Posts
5
Votes
Robi Hawley
  • Investor
  • Bellingham, WA
5
Votes |
20
Posts

Business Plan

Robi Hawley
  • Investor
  • Bellingham, WA
Posted

Hi! I'm writing up my business plan and need guidance on conflict resolution. Specifically, at what price point do you say "principle and righteousness aren't  worth it?" I know it seems a weird question as well as personal but I think it will help me to focus on the bigger picture when dealing with bad tenants. As an accountant I've often had to advise clients when to drop an issue because the returns don't justify the expense (sunk costs) but recovering stolen property (rent, damages etc.) feels different than evaluating a product line or expansion. I was hoping to explore the idea up-front to prevent a future "no holds barred, destroy the bum, I don't care what it takes, buy the attorney a new pool" attitude! Words of wisdom?

Most Popular Reply

User Stats

20
Posts
5
Votes
Robi Hawley
  • Investor
  • Bellingham, WA
5
Votes |
20
Posts
Robi Hawley
  • Investor
  • Bellingham, WA
Replied

Sorry, should have clarified, I'm not looking for investors or financing, this is my own personal plan. Too many people don't realize how important a plan can be to achieving long term goals. They write them because they have to for others not because they intend to actually use it to help guide their strategy. With a personal plan you strip all of the excess language away and focus on your own needs and goals. A simple tool to refer to and keep from getting sidetracked.

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