Episode 74 The Importance of Having a Financial Strategy as a Business Owner

Episode Summary: 

Today we’re diving into why having a solid financial strategy is an absolute game-changer for your business. If you've ever wondered how to keep your finances in check while aiming for growth, this video is just what you need. 

Whether you're a seasoned pro or just starting out, you'll find tons of practical advice and insights to help you steer your business toward success. Let’s get those financial ducks in a row!

Main Takeaways

• The four key elements of a successful business plan are:

1. Vision

2. Marketing Strategy

3. Operational Efficiency

4. Financial Management
   

• Developing a comprehensive business plan helps clarify your vision and direction.
  

• Financial performance metrics are essential indicators of your business’s profitability.

• Well-drafted contracts make business relationships more functional, efficient, and systematic.

  Resources Mentioned:

• Free Quick & Easy Business Plan: https://besageconsulting.com/

• Delivering Happiness by Tony Hsieh: https://a.co/d/0c2jndKI

• Atomic Habits by James Clear: https://a.co/d/09PLn8LB

• Americanah by Chimamanda Ngozi Adichie: https://a.co/d/0hTd1uqR

• Christodora Paperback by Tim Murphy: https://a.co/d/05xXBmAk

Connect with Michelle Loretta:

• Website: https://besageconsulting.com/

• Instagram: https://www.instagram.com/besagealways/

• Facebook: https://www.facebook.com/BeSageConsulting/

• LinkedIn: https://www.linkedin.com/in/michelleloretta/

• YouTube: https://www.youtube.com/user/sageweddingpros

Connect with GBP Law:

• Website: https://www.gbplaw.com/

• Instagram: https://www.instagram.com/gbplaw/

• Facebook: https://www.facebook.com/GBPLaw

• LinkedIn: https://www.linkedin.com/in/gbplaw/

• Your Contract Buddy: https://yourcontractbuddy.com/

• SubscribeLaw™: https://girijapatel.podia.com/subscribelaw

• For Collaborations & Sponsorships: PR@gbplaw.com

Watch the episode on YouTube:  https://youtu.be/VhFxk2QuNTQ