020: Helping Your Business Bounce Back After A Crisis
Seven Figure Consultant with Jessica Fearnley
English - April 06, 2020 07:00 - 10 minutes - 7.06 MB - ★★★★★ - 1 ratingEntrepreneurship Business Management Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 019: What To Do Next After A Crisis Hits Your Business
Next Episode: 021: Leveraging Your Network with Jessica Lorimer
Today’s topic was already on the schedule for this month, but it links nicely with the impromptu mini-series off the back of the coronavirus crisis and what it means for consultants.
This topic is relevant now and when we are operating under normal circumstances:
How to manage your business spending and know what you can afford. Because that is a question that gets asked often – how do I know how much I can budget for running my business.
In this episode I talk about:
Disposable vs investment expenditure and how to tell the difference between them. The risks associated with ill-considered spending cuts. An exercise that helped me 15 x my profit. How to make sure YOU aren’t one of the expenses your client chooses to cut. Related Resource: Episode 12 Risk, Caution and Growing Your Business - balancing risk and caution, particularly in the area of spending and investing in your business.