Helping Tradie Business Owners To Eliminate Cash Flow Problems
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.
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.
Are you aware of just how crucial your financial team is to the success of your business? They can make or break your company and be instrumental in how soon you can achieve your goals.
In this episode of Profit First for Tradies, Katie Crismale-Marshall discusses the importance of building a strong financial team for your business. She emphasises that having the right professionals in place, such as a business coach, bookkeeper, and tax accountant, is critical for success. Katie provides tips to evaluate if your current financial team is up to the mark.
Katie highlights the need for clear communication and a solid understanding of financial reports. If anyone in your financial team isn’t in sync, then maybe it’s time to consider finding one who will be a better fit for you.
In this episode of the Profit First for Tradies, you’ll learn the following:
What Katie and her team do for their clients (00:56)
The value of communication and finding the right fit for your business (01:54)
Tips on taxes accountant and tax planning sessions (05:17)
Tips on how to utilise your Xero file (06:42)
Overall, Katie's message is to maintain open communication with your financial team, ask questions when something doesn't make sense, and ensure everyone is working together towards your business goals. By fostering a strong financial team, business owners can better manage their finances, plan for taxes, and achieve their desired profitability and lifestyle.
Quotes
"We love systems and processes and making sure all your apps and programs are all connected and talking to each other in a really smooth and simple way. That is not everybody’s specialty and that is perfectly okay." - Katie Crismale-Marshall
“It's critical to your business that your financial team is all working together to help you achieve your goals, that we're all communicating … to make sure that we can all build your business, make sure that it is profitable.” - Katie Crismale-Marshall
“Get started on working out what is going on in your business because once you know what's happening, then you can take steps forward to fix it.” - Katie Crismale-Marshall
Resources
CONNECT WITH KATIE CRISMALE-MARSHALL
Become a
Permanently Profitable Tradie
Today!