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.

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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.

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S2 Episode 8 || Eliminate Your ATO Tax Debt with the Profit First System

April 17, 20242 min read
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Mounting ATO tax debt is a growing concern for many businesses, with some owing hundreds of thousands of dollars. Katie Crismale-Marshall understands the three biggest frustrations: constantly chasing your tail, never getting on top of things, and not knowing where you stand financially. She emphasises the importance of having a clear plan to pay off the debt within a specified timeframe while keeping up with current obligations.

In this episode, Katie highlights that poor advice from bookkeepers or accountants (not all of them, many are amazing) is often the root cause of the problem, leaving business owners in a precarious financial position. She then talks about three crucial steps to help get you out of this dilemma.

In this episode of the Profit First for Tradies, you’ll learn the following:

  • Why increasing ATO tax debt is such a crucial topic (00:08)

  • The three biggest frustrations businesses face with tax debt (00:42)

  • Poor advice from financial advisors is often the reason why you’re in this conundrum (01:53)

  • Step 1: Take stock and assess (02:37)

  • Step 2: Reach out for help (04:53)

  • Step 3: Implement Profit First and negotiate a payment plan (06:51)

  • How to avoid working tirelessly for naught  (09:49)

  • Benefits you will enjoy when you reach out to Katie (11:12)

Whether you're already implementing Profit First or haven't started yet, Katie encourages reaching out for a free 15-minute consultation to receive actionable steps toward ultimately eliminating your ATO debt.


Quotes

"Whilst it's not always super comfortable looking at your numbers and really seeing them for what they are, once you know where you're at, planning the future, even if it involves ATO payment plans for the next five years, becomes so much easier because you can make decisions." - Katie Crismale-Marshall


Resources

Profit First for Tradies

Efficient Tradie Bookkeeping


CONNECT WITH KATIE CRISMALE-MARSHALL

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Katie Crismale-Marshall

She wrote the book Profit First for Tradies to help more business owners eliminate their cash flow problems, and become permanently profitable. Katie's on a mission to help tradies across Australia and the globe get control of their finances so they can run a profitable, stable businesses doing work that they love.

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