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Imagine you're navigating a treacherous mountain road, full of twists, turns, and sudden drops. Managing a business with lumpy, unpredictable income can sometimes feel just like that. But what if there were strategies and systems to help you navigate this rocky terrain with grace and ease? Together we will tackle the roadblocks of lumpy income, unearthing the reasons behind it and the effects on your confidence and financial stability.
In our journey, we'll map out your financial landscape, uncovering the importance of understanding your monthly expenses and income, and how this knowledge can be your compass during lean months. We will venture into the crucial realm of emergency funds, instructing you how to start small, and scale up gradually. We'll also set up base camps, in the form of separate accounts for operational income, bills, and an emergency stash.
As we ascend further, we'll explore the peaks and valleys of cash flow management and the steps to build a robust financial foundation for your business. We'll scout the opportunities to diversify your income streams and sharpen your focus on profit rather than turnover. In the quiet of the lull periods, we'll strategise on how to attract customers using effective marketing strategies. Together, we'll conquer the mountain of lumpy income, equip you with the tools and strategies to forecast, save, negotiate, and ultimately make your business journey a triumphant climb rather than a arduous hike.
Support the show
This episode is brought to you by Become A Business Money Magnet - Simple habits to manage your money and supercharge your profits!
Want 30 Ways to Save Money in your Business? Download the guide here.
Need a business finance coach or want to get your pricing sorted? Book a Strategy Call NOW.
Join the conversation
Connect with Justine:
Instagram
Facebook
LinkedIn
Website
Discover the Secrets of Successful Business Facebook page
Follow Justine on Instagram @flossifiles or @secretsofsuccessfulbusiness
Host: Justine McLean – Flossi Creative
Producer: Leah Stanistreet – Snappystre...
5
22 ratings
Send us a text
Imagine you're navigating a treacherous mountain road, full of twists, turns, and sudden drops. Managing a business with lumpy, unpredictable income can sometimes feel just like that. But what if there were strategies and systems to help you navigate this rocky terrain with grace and ease? Together we will tackle the roadblocks of lumpy income, unearthing the reasons behind it and the effects on your confidence and financial stability.
In our journey, we'll map out your financial landscape, uncovering the importance of understanding your monthly expenses and income, and how this knowledge can be your compass during lean months. We will venture into the crucial realm of emergency funds, instructing you how to start small, and scale up gradually. We'll also set up base camps, in the form of separate accounts for operational income, bills, and an emergency stash.
As we ascend further, we'll explore the peaks and valleys of cash flow management and the steps to build a robust financial foundation for your business. We'll scout the opportunities to diversify your income streams and sharpen your focus on profit rather than turnover. In the quiet of the lull periods, we'll strategise on how to attract customers using effective marketing strategies. Together, we'll conquer the mountain of lumpy income, equip you with the tools and strategies to forecast, save, negotiate, and ultimately make your business journey a triumphant climb rather than a arduous hike.
Support the show
This episode is brought to you by Become A Business Money Magnet - Simple habits to manage your money and supercharge your profits!
Want 30 Ways to Save Money in your Business? Download the guide here.
Need a business finance coach or want to get your pricing sorted? Book a Strategy Call NOW.
Join the conversation
Connect with Justine:
Instagram
Facebook
LinkedIn
Website
Discover the Secrets of Successful Business Facebook page
Follow Justine on Instagram @flossifiles or @secretsofsuccessfulbusiness
Host: Justine McLean – Flossi Creative
Producer: Leah Stanistreet – Snappystre...
1,306 Listeners