In this episode of the Ultimate FD Podcast, I delve into the often unspoken challenges of building a profitable business. With only a small percentage of entrepreneurs achieving high margins and substantial wealth, I explore the "dark side of profit," where uncomfortable yet essential actions can transform the financial health of a business.

Drawing from my own experiences with clients, I shed light on five critical rules that entrepreneurs must follow to increase profitability and secure a prosperous future.

I stress the importance of making sure "the house always wins," where the business consistently triumphs in negotiations and decision-making processes. Listeners are encouraged to embrace the power of saying "no for now" to unnecessary expenditure and to practice humility by getting "better not bitter" when faced with sunk costs.

Insights reveal that only salmon swim upstream, urging business owners to recognize declining markets and adapt accordingly. I also challenge the notion that "bigger is always better," advising entrepreneurs to leverage their existing resources effectively and keep the focus on profit over size.

This episode weaves in anecdotes and personal experiences to underscore the transformative effects of these strategies on business profitability.

👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit

👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

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WELCOME TO MAGIC MOMENTS ✨

We dive into a practical conversation about building wealth and scaling businesses.

Discover UFD's "Right Person, Right Role, Right Price" strategy for building effective teams without burdening overheads. Learn from my journey of expanding a business team of eight using cost-effective, pay-as-you-go contracts.

I'm giving you practical tips for optimising roles and reducing expenses ultimately saving thousands monthly, while enhancing business efficiency.

Tune in now to gain insights into strategic business growth and financial wisdom.

Did you enjoy this Magic Moment? Click here to listen to the full episode.

In this riveting episode of the Ultimate FD Podcast, I welcome finance maestro and leadership psychology author, Sebastian Page. This episode takes you on a journey through the world of high-stakes financial decision-making while unraveling the intertwined themes of stress management, resilience, and high performance. You gain insights into how these factors play crucial roles in both entrepreneurship and top-tier investment management.

Sebastian delves deep into the psychological facets of leadership within the financial realm, offering invaluable advice for entrepreneurs navigating stress-fueled challenges in their businesses. A critical highlight of the conversation is the exploration of the Yerkes-Dodson Law, which illustrates the relationship between stress levels and optimal performance.

We also cover the importance of maintaining a balanced approach to sleep, diet, and exercise, showcasing how these fundamental pillars support mental resilience and boost long-term success. Sebastian also shares practical strategies to cultivate positive relationships and harness a growth mindset, underscoring their importance in achieving career fulfillment and personal happiness.

👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit

👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

Welcome back to another episode of Magic Moments ✨

In this MM episode Tej and I dive into the intricacies of stamp duty and its implications on business partnerships. Packed with practical tips and strategic advice, this episode sheds light on the nuances of transferring property assets into a limited company and reveals why this strategy might be particularly advantageous for partnerships.

Throughout the episode, Tej and I explore the specifics of stamp duty land tax (SDLT) relief and its application to partnerships transitioning to limited companies. "We've had it with a father and son car garage," highlighting real-world cases where this strategy has been successfully implemented.

The discussion not only clarifies complex legislative terms but also offers compelling insights for property and business owners who are looking to reduce their taxable profits effectively. The conversation also uncovers why such reliefs are limited to partnerships and not extended to sole traders, providing a comprehensive understanding of the current tax landscape for businesses.

Did you enjoy this Magic Moment? Click here for the full episode.

In this episode of the Ultimate FD Podcast, I am joined by esteemed Chartered Tax Advisor, Tej Gill, to discuss essential tips for minimizing personal tax bills for the year 2026. As the deadline for self-assessment submissions to HMRC approaches, this episode provides strategic advice that can help listeners save significant amounts on their tax bills, whether they are new entrepreneurs or seasoned business owners.

We delve into 10 actionable tips that include utilizing marriage allowances, claiming training course deductions, and managing capital gains effectively. This engaging conversation seeks to make often daunting financial matters accessible and actionable, enhancing listeners' tax-planning prowess.

Throughout the episode, we emphasize critical tax-saving strategies such as making sure to account for all benefits in kind, utilizing the marriage allowance effectively, and ensuring that training courses are correctly documented for deductions.

We also detail the importance of accurately reporting capital gains and navigating property-related expenses. By covering essential topics in finance and tax, they offer listeners valuable insights that not only aim to save money but also encourage more organized and strategic financial planning.

Coupled with expert advice, this episode is a valuable resource for anyone looking to optimize their tax submissions before the deadline or prepare better for the upcoming tax year.

👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit

👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

Welcome back to another episode of Magic Moments ✨

In this enlightening episode listeners are given a deep dive into the intricacies of Stamp Duty Land Tax (SDLT) and how it pertains to partnerships and incorporated businesses. Joined by expert Tax Accountant, Tej Gill, the episode explores financial strategies that can significantly impact the wealth-building journey of property business owners and other entrepreneurs.

The conversation centers on understanding how SDLT relief applies to business incorporations, particularly those transitioning from a partnership to a limited company. Tej illuminates scenarios where partnerships can leverage tax advantages, like the case of a father-son car garage or couples in property businesses. The episode unpacks why this relief exists specifically for partnerships, and not sole traders, offering insights into possible historical or regulatory reasons.

Listeners will find valuable knowledge about the requirements and potential pitfalls of claiming SDLT relief, such as the necessity of being registered as a partnership with HMRC and understanding partnership law dating back 135 years. Tej provides practical advice for those managing business portfolios, like ensuring proper documentation and HMRC registration to avoid tax liability headaches.

Did you enjoy this Magic Moment? Click here for the full episode.

In this episode of the Ultimate FD Podcast, I delve into critical strategies for transforming businesses facing financial difficulties. This episode is dedicated to entrepreneurs who may be operating at a loss, breaking even, or aiming to elevate their profitable enterprises to even higher levels.

I underscore the necessity of strategic decisions to convert a struggling business into a high-performance, high-margin, and valuable entity.

I introduce the "Turnaround Blueprint," a six-step process designed to help business owners achieve financial stability and growth. We discuss gaining clarity on business performance, removing hindering elements (clouds) that cloud judgment, assessing the market for viability, and convincing oneself of the business's potential. The final steps focus on engaging in necessary conversations and maintaining consistency in applying the devised strategies.

This episode emphasised the importance of creating a durable business model that leverages high margins over mere revenue growth.

👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit

👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

Welcome back to another episode of Magic Moments ✨

In this episode, I dive into wealth-building strategies focused on optimizing your property investment portfolio.

Designed to spark motivation and catalyze action, this session reveals how understanding key metrics can significantly enhance your financial trajectory.

I discuss the importance of calculating Return on Equity (ROE) within property investments—an essential metric for evaluating the effectiveness of financial assets. By walking through scenarios like determining the lucrativeness of property portfolios and weighing them against return rates of stock index funds like the S&P 500, I offer listeners practical guidelines for boosting investment returns.

You will learn how integrating this metric into their decision-making process allows you to strategically assess assets, ensuring that investments are aligned with potential risk and return expectations. I also share insights into the importance of periodically verifying market values to ensure prudent investment decisions.

By the end of the episode, you'll understand why holding onto underperforming assets may not be the wisest financial strategy.

Did you enjoy this Magic Moment? Click here for the full episode.

In this captivating episode of the Ultimate FD Podcast, I welcome Joe O'Connor, a transformative figure with an extraordinary story of resilience and success. Joe shares his journey from being a British army soldier to overcoming life-altering challenges, ultimately becoming a pivotal force in guiding veterans and business owners towards their goals.

His insights on building resilience, identifying and leveraging values, and achieving personal and financial success are both inspiring and practical for entrepreneurs aiming to optimize their business strategies.

Throughout the episode, we discuss the significance of resilience in entrepreneurship and leadership, emphasizing how facing adversity can lead to unparalleled personal growth and strength. Joe delves into his transformative coaching approach and the importance of staying true to one's values, even in the face of daunting challenges.

This episode is rich with thought-provoking ideas about personal responsibility, gratitude, and the power of mentorship in overcoming setbacks and thriving in business. Joe's wisdom is a valuable resource for those seeking to enhance their personal and professional lives.

👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit

👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

Welcome back to another episode of Magic Moments ✨

In this episode, I sit down with Laurie to explore the keys to building wealth through real estate, business strategy, and long-term planning.

Laurie shares why credible advice only comes from those who've walked the path and how shifting your mindset from "making money" to "building value" transforms your entrepreneurial journey.

Together, they reveal practical strategies for structuring businesses as true assets, setting the stage for growth, profitability, and a successful exit.

Did you enjoy this Magic Moment? Click here for the full episode.