ROI ? What the ** is that ?
ROI stands for return on investment.. we all need to take some money in our hands to start with our online business or any other business.. but you should, you have to watch how much do you spend! Create an spreadsheet.. its just need two columns thats all for the beginning.. Spending and revenue.. make notes of any dime you spend. All investments will return one day if you take care of your business.. with this simple spreadsheet you will see when you get your investment back.. This is the point where you actually start to make money !
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ROI is a business term which means Return on investment-- how much you earn above what you initially invested. Here's an example.
Investment = $100 (you put in)
Growth = 20 (Earnings)
New Balance = 120
ROI 20% (how much you earned about investment)
Kaihawaii, I hope this helped. You can ask me any questions about business math and I can help you.
thank you ! was not ment to be as question but thanks again.. good example for those dont know.
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Good spreadsheet idea Kaihawii.