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Do you know your buffer in this economy?
Manage episode 432637754 series 2881725
In this episode, Fiona discusses the crucial practice of determining your business's survival rate. She also talks about the importance of building a financial buffer, especially in uncertain economic times. Tune in!
You'll Learn How To:
- Importance of knowing your survival rate
- Building a financial buffer
- Managing business expenses and personal finances
- Strategies for accumulating emergency funds
- Assessing essential and non-essential spending
- Importance of financial planning in uncertain times
- Tips for maintaining financial stability
Get started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuff
Group Coaching is now open! You can apply at mydailybusiness.com/groupcoaching
Connect and get in touch with My Daily Business
Get started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuff
Want to know more about AI and how to harness it for your small businesS? Join our new monthly AI chat for small business owners, starting at the end of November 2024. You can join anytime at www.mydailybusiness.com/AIchat
Ever wanted to write your own book and build your brand authority or start your own podcast to connect with and grow your audience? Check out our How to Start a Podcast Course or How to Get Your Book Published Course at our courses page.
Connect and get in touch with My Daily Business via our shop, freebies, award-winning books, Instagram and Tik Tok.
468 episoder
Manage episode 432637754 series 2881725
In this episode, Fiona discusses the crucial practice of determining your business's survival rate. She also talks about the importance of building a financial buffer, especially in uncertain economic times. Tune in!
You'll Learn How To:
- Importance of knowing your survival rate
- Building a financial buffer
- Managing business expenses and personal finances
- Strategies for accumulating emergency funds
- Assessing essential and non-essential spending
- Importance of financial planning in uncertain times
- Tips for maintaining financial stability
Get started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuff
Group Coaching is now open! You can apply at mydailybusiness.com/groupcoaching
Connect and get in touch with My Daily Business
Get started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuff
Want to know more about AI and how to harness it for your small businesS? Join our new monthly AI chat for small business owners, starting at the end of November 2024. You can join anytime at www.mydailybusiness.com/AIchat
Ever wanted to write your own book and build your brand authority or start your own podcast to connect with and grow your audience? Check out our How to Start a Podcast Course or How to Get Your Book Published Course at our courses page.
Connect and get in touch with My Daily Business via our shop, freebies, award-winning books, Instagram and Tik Tok.
468 episoder
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