Building A Permanently Profitable Business

The Site Shed

The Site Shed
Building A Permanently Profitable Business
Aug 10, 2022 Episode 350
Matt Jones - Trade based business enthusiast

Do you feel overwhelmed by the financial situation of your business? Are you a trade-based business owner whose cash in bank position hasn’t improved even when you are flat out? Learn how you can take control of your business’ finances! 

 

Join us as we discuss how to build a permanently profitable tradie business through financial management and more! We cover everything you need to know to make your tradie business thrive. 

 

Our special guest for this episode is Katie Crismale-Marshall of Profit First for Tradies. A certified Profit First Mastery level coach and author of Profit First for Tradies who thoroughly enjoys working with trades business owners for  over 10 years with her bookkeeping business Efficient Tradie Bookkeeping to help them build their permanently profitable businesses.

 

Discussion Points: 

 

00:00 Introduction

00:32 Welcomes Katie Marshall

03:08 Matt shares a brief background about his business with Profit First for Tradies. 

09:00 Steps to take to get started on financial management

15:43 Importance of having a bookkeeper in a business

22:06 How Matt manages the financials of his business

24:39 Identifying what you need for your business’ financial situation

25:17 Redflags on businesses that doesn’t have financial management system in place

28:10 How you can use financial literacy in your personal life

29:40 Debunking myth on financial management system

31:58 How to work less and make more money

36:29 Matt’s view on having the right people in your team

41:22 How finance management system can help your personal goals



Resources:

 

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