Having the right tools of trade is crucial for long-term business success. But there's one tool that is often overlooked, financial knowledge.
Just as you upgrade your equipment, it's equally important to upgrade your financial knowledge and utilise it to propel your business forward.
In this episode of Profit First For Tradies, we explore the significance of increasing your financial knowledge as a tradie and why investing in your own education is essential.
As a tradie, you have unique business goals, whether it's boosting cash flow, achieving work-life balance, or living your dream lifestyle. To achieve these goals, it’s vital to effectively utilise your tools of the trade, including the tool of financial knowledge.
By incorporating strategies to enhance your financial understanding, you gain an invaluable asset that can revolutionise your business operations. These tools can streamline processes, deliver exceptional value to clients, and empower you to make impactful decisions within your trade.
Tune in to this episode to discover how harnessing your financial knowledge can unlock new levels of success in your trade business.
In this episode of the Profit First for Tradies, you’ll learn the following:
- The business problems that can be solved by making the most of your tools of trade (02:09)
- How to increase financial knowledge through education and training (05:59)
- Three things you need to consider when it comes to tools of the trade upgrade (08:47)
By harnessing the power of tools of the trade, tradies and business owners gain a competitive edge and enhance their financial knowledge. In the long run, these learnings help them serve clients better and drive their business to new heights.
If you haven’t listened to our previous episode about Key Steps to Transform Your New Financial Year for Success, go back and check out episode 027
QUOTES
"Updating your tools of trade is going to make a huge difference to your business, yourself, family, health, and to everything you do. Once you can nail your numbers, everything in your business will change for the better." -Katie Crismale-Marshall
"Don't wait for later. Later never comes and things don't miraculously get better." -Katie Crismale-Marshall
ResourcesCONNECT WITH KATIE CRISMALE-MARSHALL- Website: https://www.profitfirstfortradies.com.au/
- YouTube:https://www.youtube.com/@profitfirstfortradies9503/featured
Facebook: https://www.facebook.com/ProfitFirstforTradies/