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5 Money Mistakes Contractors Make (& How To FIX Them!) Alex Little #70 Close The Deal
Manage episode 453088069 series 2862017
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.
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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: Your First Franchise
Ewell interviews franchisors and franchise industry leaders to educate first time franchise investors. Get behind the scenes information so you start the process and close the deal on your first franchise.
We have gift for you for listening - grab a copy of Your First Franchise Roadmap.
Visit www.CloseTheDeal.com to see all episodes.
87 tập
5 Money Mistakes Contractors Make (& How To FIX Them!) Alex Little #70 Close The Deal
CLOSE THE DEAL / Franchise Investing / Franchisors & Entrepreneurs
Manage episode 453088069 series 2862017
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: Your First Franchise
Ewell interviews franchisors and franchise industry leaders to educate first time franchise investors. Get behind the scenes information so you start the process and close the deal on your first franchise.
We have gift for you for listening - grab a copy of Your First Franchise Roadmap.
Visit www.CloseTheDeal.com to see all episodes.
87 tập
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