Apr 23, 2020
Do You Know Your Burn Rate?
Are you aware of what your burn rate in your small business is? Do you know what it even is? What if I told you, you use it all the time but just don’t realize it? Let’s talk about your cash on hand and how long it will take you to “burn” right through it. Also, let's discuss what it has to do with your breakeven point.
The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.
Badass Business Owners Know the Basics of their Profit and Loss Income Statement. Here is Guide to Help You Out - Get the How to Read Your Profit and Loss Income Statement Guide
Two Books All Local Small Business Owners Should Read: eMyth Revisited by Michael Gerber & Profits First by Mike Michalowicz (affiliate links but no extra cost to you)
OTHER HELPFUL LINKS
WHO THIS PODCAST IS FOR:
local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams