03 | The finance side of starting a business

Episode 3 July 30, 2021 00:25:59
03 | The finance side of starting a business
Let's Get Down to Business
03 | The finance side of starting a business

Jul 30 2021 | 00:25:59

/

Show Notes

Welcome to the 3rd episode of our ‘Getting Started’ series. This week we’re joined by partner, Josh Curties to discuss how to identify your real break-even point to ensure your business is not just making sales but making profit right from the start.

Break-even is one of the most important things you need to know before you start your business. We discuss everything from managing your personal finances, working out how much you need to live on (including all those luxuries), how to minimise overheads (including debts), how to take seasonability into consideration to increasing your profit margins and deciding and increasing your price. 

To make this even easier for you, we have a free break-even calculator tool available here https://www.a4g-llp.co.uk/articles/calculating-break-even-point or by emailing [email protected].

Other Episodes

Episode 1

July 01, 2021 00:34:51
Episode Cover

Niche episode: Protecting your bottom line by managing FX exposure

Even if you don't think you deal with foreign exchange, you probably do somewhere in your supply chain. And with the forecasts from 'leading...

Listen

Episode

February 04, 2022 00:42:15
Episode Cover

Episode 16 | Are you ready for growth? | How to scale up without losing your values and mind with Zeenat Noorani

Welcome to our 3rd series of the Let’s Get Down to Business podcast. To help you get 2022 off to a flying start, we’re...

Listen

Episode 0

November 12, 2021 00:40:28
Episode Cover

Episode 13 | How to avoid partnership failure and build a good team

A staggering 70% of business partnerships fail. Have you mixed personal relationships with business? Or has your business grown, and partnerships have developed? Don’t...

Listen