learn how to become a
permanently profitable tradie with
Helping Tradie Business Owners To Eliminate Cash Flow Problems
learn how to become a
permanently profitable tradie
with
Helping Tradie Business Owners To Eliminate Cash Flow Problems
Join us on the Profit First for Tradies podcast, as we explore the struggles of paying bills and keeping cash flow flowing smoothly. I share my own experiences and how I found the solution to my financial struggles with the Profit First system.
Listen in as tradies share their stories and discuss strategies and tips for managing cash flow and achieving true profitability in your business.
Growing a successful trades business isn’t about you being the best on the tools.
It’s about how you Profit, Plan, Prepare and Prosper, so you can create a business that supports you and your family.
Follow:
What Is
Profit First for Tradies
Profit first for Tradies is a simple frame work to make your business permanently profitable.
If you struggle with managing your cash, wondering where all the money goes or are working long hour with not much to show for it then it is time to look at Profit First for Tradies and how it can transform your business from a cash eating monster to a money making machine.
If you are a trades business owner who’s sick
and tired of being sick and tired
Looking for a solution to solve your cash flow
issues
Ready to learn more about your money
management
Can help turn your business around.
Episode 025 || Beyond the Balance Sheet: Insights into the End of Financial Year
As the end of the financial year approaches, businesses and organisations worldwide embark on a crucial period of reflection, evaluation, and planning.
Beyond the traditional focus on balance sheets and financial statements, this time of the year offers a unique opportunity for business owners to delve deeper into the intricate dynamics of their financial operations.
In this episode of Profit First For Tradies, we will explore the multifaceted dimensions of the end of the financial year. We will delve into the various insights and considerations beyond the balance sheet, shedding light on the broader landscape that shapes organisations' fiscal health.
The end of the financial year signifies more than just an accounting deadline. It is a turning point for businesses to assess their performance, scrutinise their strategies, and envision their future trajectory.
It also prompts businesses to analyse their revenue streams, profit margins, and cash flow, but it also necessitates a broader examination of their market position, competitive landscape, and strategic objectives.
In this episode of the Profit First for Tradies, you’ll learn the following:
Is the end of the financial year a good or a bad thing? (00:50)
The key points about the end of the financial year (01:28)
The importance of assessing your current financial situation (02:42)
The changes you need to make at the end of the financial year (04:17)
By taking a holistic approach, organisations can identify underlying patterns, risks, and opportunities that may have gone unnoticed.
If you haven’t listened to our previous episode about Supporting Your Partner's Trade Profession: A Spouse's Perspective with Verity Hare, go back and check out Episode 024
QUOTES
“Unless we make changes and do something different, we're probably going to get the same of what we've already got.” -Katie Crismale-Marshall
“What we have to do is decide to make a change, and you are the only one who can do that.” -Katie Crismale-Marshall
RESOURCES
CONNECT WITH VERITY HARE
Website: https://tradiewives.com.au/
Facebook: https://www.facebook.com/groups/TradieWives
CONNECT WITH SCOTT SIMPSON
Website - tradiepad.com.au
Connect on LinkedIn
Become a
Permanently Profitable Tradie
Today!
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© Profit First for Tradies 2023. All Rights Reserved.