Podcast

The Upside Down Budget

Episode 10

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About The Show

One of the most important things you can do in your business is to implement a regular budgeting process.

Putting together a detailed budget for your business is like charting a financial roadmap for your business, it shows you the road ahead for your business finances, highlighting any peaks and troughs and more importantly it helps you avoid potential financial disasters before they happen also.

Many people when they implement a budgeting process in their business, approach it the wrong way.

In this episode, I share with a budgeting process that turns things on its head.

It’s a budgeting system that will help you achieve the financial results you are seeking in your business, and deliver the bottom line profits you are seeking to meet your lifestyle goals too.

 

 

What You'll Learn!

  • The surprising question that not many business owners know how to answer
  • What is the Upside Down Business Budget and why it is so important to your business
  • Why every business owner needs to know their sales and turnover targets
  • Two business case studies that demonstrate the importance of doing the budget and ¬†examples of pitfalls and risks they faced without knowing their sales revenue targets
  • How to work out to work out exactly what you need for the lifestyle you want.
  • Working out your Return on Investment (ROI)
  • Operating costs
  • Tax considerations
  • What to do once you have you have completed the budget.

Links Mentioned

The Upside Down Budget Template

Download your copy of the FREE upside down budget template to kick start the profit growth in your business.

Join other business owners in our Free Facebook Community all sharing their trials, ideas and wins in business. It's a fantastic community of driven and supportive entrepreneurs.

AN EMAIL SYSTEM

THAT DELIVERS

Email Marketing is one of the fastest ways to grow your business.

However, success from email marketing can only happen if you have the right tools to do the job and one of the most critical tools is your email delivery system and service provider.

You can have the best scripted email in the world but if it's not getting to your intended recipients then it's just not going to be sucessful.

Success in Email Marketing starts with an Email Service Provider that Ticks All The Boxes.

I have used and trialled many email and automation systems in my 20+ years of business, from free inexpensive systems to the more elaborate, expensive and high end. 

Convertkit, ticks all the boxes when it comes to getting results with your email marketing.

Full Episode Transcript

CHEAT SHEET!

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Cashflow is critical to success in business. You can have the best business idea ever, but if you can’t generate cash and pay the bills you won’t survive.

Grab my 12 simple ways to boost your cashflow cheatsheet!

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