CLOSE THE DEAL / Franchise Investing / Franchisors & Entrepreneurs

5 Money Mistakes Contractors Make (& How To FIX Them!) Alex Little #70 Close The Deal

• Ewell Smith • Season 2 • Episode 70

Alex Little, founder of Little Financial, shares how to fix 5 money crushing cash flow mistakes contractors make every day....

3 takeaways on this episode of the Close The Deal Podcast: 


Cash Flow Forecasting is Crucial: Accurate cash flow forecasting and bookkeeping are essential for business survival. Without them, you can't make informed financial decisions or ensure profitability.

Detailed Project Estimation Matters: Always include all potential costs in your project estimates. Overlooking small expenses can significantly reduce your profit margins and impact your bottom line.

Protect Your Financial Foundation: Avoid using customer deposits for operating expenses and establish an emergency fund covering at least three months of operating costs to safeguard against unforeseen challenges.

##

Visit www.CloseTheDeal.com to see all episodes.

Ewell Smith is talking with disruptors - entrepreneurs, franchisors, and marketing and sales pros. Whether you're considering starting a business or looking for ways to drive more leads and close more deals, this podcast is for you.

🔥 SPECIAL EPISODES: Franchise Profits Podcast

Ewell interviews franchisors and franchise industry leaders to educate anyone considering a franchise. Get behind the scenes information so you start the process and close the deal on your first franchise or your next franchise.

We have gift for you for listening - grab a copy of Your First Franchise Roadmap.

Visit www.CloseTheDeal.com to see all episodes.


People on this episode