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 0

November 26, 2021 00:45:30
Episode Cover

Episode 15 | Systems, Systems, Systems

Is your business dependent on you? Would your business still be able to run efficiently without you? Are silly things going wrong in your...

Listen

Episode

July 01, 2022 00:28:22
Episode Cover

Episode 20 | How to get finance into your business

This month, we are discussing the ways you can generate cash and/or finance into your business. Nowadays, there are so many ways to raise...

Listen

Episode 10

October 15, 2021 00:35:13
Episode Cover

Episode 10 | Developing a strong sales, marketing and customer service strategy

Do you want to attract more good quality customers to your business? AND retain those customers? Well, that’s the goal of business, isn’t it?...

Listen