In this week’s episode of the UFD podcast, we’re sharing the second half of our most recent webinar - Make 2025 your most LUCRATIVE year yet 🚀

We’re diving into something I'm super passionate about - how to actually make your business profitable instead of just chasing sales.

Most entrepreneurs are obsessed with pulling one lever in their business: sales growth. Meanwhile, there are all these other dials and switches that could DRAMATICALLY improve your bottom line!

Most entrepreneurs (myself included, back in the day) make the mistake of thinking “more sales = more profit” when that's often not true. Sometimes you're just growing yourself into bigger problems. 

This is why it's so important to find your business “sweet spot” - this is where you've got the perfect balance of:

✅ Healthy profit margins ✅ Excellent customer service ✅ Good lifestyle for you as the owner

If you take nothing else from this episode, remember this: establish clear rules for your business and stick to them!

These rules should cover: ➡️ Minimum acceptable margins ➡️ Maximum overhead percentages ➡️ Pricing strategies that protect profitability ➡️ When to say no to growth opportunities that look good but aren't

I know this isn't as sexy as tripling your sales, but trust me - mastering the profit levers in your business will create sustainability that aggressive growth alone never will.

So tune in to this week’s episode to learn how you can grow your bottom line, not by adding more, but by optimising what you already have! 🤯🤩

Magic Moments Ep 24 is here! ✨

In this week’s episode of Magic Moments, we’ve got a snippet from my conversation with award winning insolvency expert, Mr Mike Chamberlain. 

Together we delve into the crucial topic of managing business structures and effectively handling financial downturns 🙌🏻

He discusses strategies to protect your assets in business operations and prevent financial ruin, and how you can reflect on your current business frameworks. 

We cover strategic financial planning, shedding light on the nuances of business structures like holding companies, property companies, and operating companies. 

And we discuss the importance of separating financial liabilities and assets - and getting those preventative measures in place to protect your wealth and to structure your business for both growth and protection in more unfavourable times!

With insights on handling operational challenges and potential business failures, tune in to be equipped with practical knowledge to strengthen your businesses against financial crises 💰💪🏻

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

Today we’re diving into something really important that I've noticed during my recent calls with 6 and 7 figure entrepreneurs.

And that is: even the most successful entrepreneurs running 7-figure businesses are making mistakes that could be costing them serious money - we're talking six figures in lost profits 🤯

When I speak with these entrepreneurs, the same issues keep popping up, even with really successful business owners. So I thought, why not break this down and help you avoid these expensive pitfalls? 

WHAT WE COVER IN TODAY’S EPISODE: 

➡️ Director's loan accounts. This is a big one. I can't tell you how many times I've seen entrepreneurs not keeping track of these properly

➡️ Business owners doing their own bookkeeping. I get it - you want to keep your finger on the pulse. But trust me, this is not the best use of your time. Get a proper bookkeeper in there! 

➡️ Confusion between performance profit and taxable profit. These are not the same thing! Understanding the difference is crucial for making smart business decisions

➡️ Balance sheets - your balance sheet needs to match your accounting system. I've seen so many cases where this isn't happening, and it's causing all sorts of problems with financial reporting

➡️ Having a proper finance manager overseeing your bookkeeping. They can turn all that raw data into information you can actually use to grow your business

So those are the main things I'm seeing out there. I know this might sound like a lot, but these are all fixable issues. The key is knowing they exist and taking action to address them 💪🏻

If you're running a successful business but feeling like you might be leaving money on the table, then you need to listen to this episode!

Tune in, listen and learn - and then implement! 🙌🏻

Welcome back to another episode of Magic Moments from the UFD Podcast.

Today I want to dive into something I'm super passionate about - how to actually build wealth through your business in a smart way.

I've been in the trenches with this stuff and I want to share what I've learned about pulling value from your business while keeping it healthy and tax-efficient. Whether you're just starting out or you're already crushing it, I think you'll get a ton of value from this episode.

I'm going deep into the nitty-gritty of financial planning that actually works. The real stuff - like how to pay yourself properly through a mix of salary, dividends, and director's loans. I've learned some hard lessons about this over the years and I want to help you avoid those mistakes.

The big things I cover in this episode:

🔥 How to structure your income between salary, dividends, and loans (trust me, this stuff matters!)

🔥 Why you need to plan your finances early in the year (I learned this one the hard way)

🔥 Smart ways to use company perks like the company car and WFH allowances

🔥 How to plan for personal stuff like holidays without messing up your business finances

🔥 Some clever insurance strategies that can save you money through your business

I get fired up talking about this because I see so many business owners leaving money on the table or making things harder than they need to be. I break it all down in a way that actually makes sense.

So grab a coffee, maybe take some notes, and let's dive into making your business work harder for you. And if you're getting value from this, don't forget to share with other business owners who might need this info.

Let's get into it!

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

In this week’s episode, we dive into something crucial - portfolio reviews and making your investments work harder for you 💪🏻

I've been in property investment for years, running Ultimate FD and building my own portfolio. Today I'm sharing my approach to maximising returns through strategic portfolio management.

Here's what I cover in this episode:

➡️ I break down how to properly assess your investment properties using Return on Equity (ROE). This is absolutely key - I've seen too many investors skip this step and miss out on optimisation opportunities.

➡️ I get real about the challenges we're all facing - rising maintenance costs and interest rate changes hitting our bottom lines. And let's talk about something we don't discuss enough - getting emotionally attached to properties that aren't performing. Been there, done that, learned the hard way.

➡️ I walk you through my process for either repurposing underperforming properties or knowing when it's time to sell and reinvest elsewhere. This annual review process has been game-changing for my portfolio.

This episode is packed with actionable steps to improve your property investment game in the coming year. Trust me, these strategies work - I use them myself and now I’m sharing them with you. 

Remember: emotions and investing don't mix well. Let the numbers guide your decisions, and don't be afraid to make changes when the data shows you should.

I hope you enjoy!

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

👉🏻 FOUR-PART TAX TALK SERIES: Most entrepreneurs pay far too much tax or spend too much time worrying about the wrong things.

This is why we created the Tax Talks Series: From Start to Sell. This is a must-listen for any entrepreneur to understand all the challenges they will face from a tax perspective as they go on their entrepreneurial journey. Click here to go to the Tax Talks Series to gain access to the four-part series FREE OF CHARGE: https://www.ultimatefd.co.uk/tax-talks

👉🏻 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 to Episode 22 of Magic Moments! ✨

In this week’s episode we dive into the art and science of financial storytelling through “dictate to dictate” philosophy. This will transform your standard financial accounts into potent tools for decision-making! 

Through real-world examples from my own business, I show you how a clear financial narrative can significantly impact your business strategy and performance evaluations 🚀

We discuss how you can start leveraging your financial reports to drive strategic decisions. By turning numbers into narratives, you’ll better understand performance metrics and make informed choices that enhance your growth and profitability. 

This episode is a goldmine for entrepreneurs seeking to streamline financial processes, cut unnecessary costs, and maximise their company's potential by turning mundane numbers into a powerful business narrative.

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

In this week’s episode of the Ultimate FD Podcast, we’re helping you make 2025 your most profitable year 🚀

We’re releasing PART ONE of our recent webinar - Make 2025 your most LUCRATIVE year on record!

This episode is going to help you reflect on the past year's performance and set a clear trajectory for unprecedented financial success THIS YEAR. You’ll get actionable strategies aimed at quadrupling revenue and improving your cash flow 🤑

We delve into the common financial pitfalls that can impede your profitability and share how to avoid them by establishing a robust finance function. 

You’ll discover the concept of the four finance professionals every business should have - each playing a unique role in maintaining the financial health of a company. 

TUNE IN TO LEARN: 

✅ How to establish a strong financial backbone in your business by hiring the right mix of financial professionals

✅ How to avoid the pitfall of over-relying on accountants for business insights; accountants should focus on tax strategy and compliance only

✅ How having the right people in the right roles, will allow you to transition from financial data collection to tactical decision-making and strategic planning

✅ How you can shift focus from resolutions and mindset hacks to a methodical, financially-oriented approach to scale your business effectively in 2025

Ready to transform your financial approach and set the stage for a record-breaking year in 2025? Listen now for insider insights and actionable advice.  - - - - - 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit 

👉🏻 FOUR-PART TAX TALK SERIES: Most entrepreneurs pay far too much tax or spend too much time worrying about the wrong things.

This is why we created the Tax Talks Series: From Start to Sell. This is a must-listen for any entrepreneur to understand all the challenges they will face from a tax perspective as they go on their entrepreneurial journey. Click here to go to the Tax Talks Series to gain access to the four-part series FREE OF CHARGE: https://www.ultimatefd.co.uk/tax-talks

👉🏻 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/

Magic Moments Ep 21 is here ✨

In this episode of Magic Moments, we delve into the intricacies of financial strategies for directors, focusing on the prudent use of dividends versus PAYE (Pay As You Earn) systems.

This episode will empower you with essential tips and hacks on wealth-building and business profitability, with high-value strategies that can transform how business owners perceive and manage their finances 🙌🏻

We unpack the complex nature of dividends, explaining their tax benefits, lack of national insurance contributions, and how they stand against PAYE in different business contexts. 

Let's dive in! 

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

READY TO CREATE A KILLER FINANCIAL PLAN? 💸🚀

In this week’s episode I’m unpacking the essentials of creating a game-changing financial plan for the upcoming year 2025 😎

Based on my own experiences and the latest strategies, I’m giving you a behind the scenes look into the process that has led UFD to achieve its most lucrative year on record! Despite escalating overheads, the business has ended 2024 with triple the cash reserves 🙌🏻

This episode is packed with actionable advice on not only setting achievable targets but also focusing on the bottom line to enhance profitability. I’m sharing with you five expert tips to create robust, actionable financial blueprints that can lead to groundbreaking results in 2025 and beyond.

WHAT YOU LEARN FROM TUNING IN:

➡️ Understand budget vs. target: A budget is a safeguard detailing the worst-case scenario, while a target is the goal you strive for strategically

➡️ Pay yourself: Always include your salary in the financial plan to ensure the business can sustain monthly payouts and remain profitable

➡️ Use last year's data: Build future plans on the actual performances from the previous year to set realistic and growth-centric goals

➡️ Bottom line focus: Direct efforts towards improving net profit margins rather than merely aiming for top-line growth

➡️ Plan for everything: Consider all potential expenses such as bonuses, gifts, and donations to avoid unforeseen budget misalignments

I hope you enjoy! 

Welcome to Magic Moments episode 20! ✨

In this episode along with our guest Tej, we explore an array of strategies aimed at maximising your financial potential in 2025. We share impactful insights into financial strategies that guarantee business growth and enhanced personal wealth 😍

We discuss tax strategies and how you can legally retain more income from your business, as well as efficient ways of drawing money from your company through dividends, understanding joint account benefits, leveraging child benefits constructively, and managing childcare costs effectively. 

These strategies not only promise to streamline your financial operations but help to assure financial peace of mind for business owners and entrepreneurs in 2025 💸

Dive into this episode so you can learn how to maximise your wealth as a business owner! 😎

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