Hey Small Business School! A recent trend I have been noticing is people coming to me thinking that they need these complicated (and expensive) financial plans in order to get out of debt or achieve their goals, when in reality it can be a lot more simple than that! So in this episode I wanted to break down some of the myths and complexities of financial planning and encourage you to get back to basics, your profitability! 

Topics Covered:

• What a financial plan means and the common misconceptions business owners have about them.
• How to identify your financial objectives, whether it's paying off a mortgage, getting out of debt, or starting to invest.
• The Three Pillars of Profit: Analyzing revenue, cost of delivery, and overhead expenses to ensure positive cash flow and profitability.
• Creating simple, effective cash flow plans without the need for complicated spreadsheets.
• Ensuring high returns on investments and increasing your business's visibility.

I want to help you simplify your finances and operate with clarity! Have more questions about what a financial plan looks like for your business? Reach out to me, I’d love to connect!

Staci's Links:
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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!