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#190: Fastest Way to $500k (Small Business Series)
Manage episode 417001462 series 1393286
It’s officially Small Business Month so I have a special 4-part series for you this month.
This week I’m tackling a question that a client recently asked me - how to grow a business to $500,000 in the first year. I thought it was such a great topic, that I wanted to share my answers with you as well.
Regardless of your financial goals for your business, this hypothetical scenario will help you ask the right questions to make sure you’re growing your business the right way.
Chapters
00:29 - Small Business Month Special Series
03:48 - $500k in your first year of business
05:43 - Why your financial goals are important
10:04 - Gross revenue versus net profit
18:10 - $500k net profit strategy
23:05 - $500 gross revenue strategy
27:01 - Other elements to consider
30:34 - Wrap up
Want insider access and perks? Join my newsletter to unlock free bonuses and special announcements. Sign up at www.heatherjoyhubbard.com/subscribe
Follow me on on Instagram at www.instagram.com/heatherjoyhubbard
211 episodes
Manage episode 417001462 series 1393286
It’s officially Small Business Month so I have a special 4-part series for you this month.
This week I’m tackling a question that a client recently asked me - how to grow a business to $500,000 in the first year. I thought it was such a great topic, that I wanted to share my answers with you as well.
Regardless of your financial goals for your business, this hypothetical scenario will help you ask the right questions to make sure you’re growing your business the right way.
Chapters
00:29 - Small Business Month Special Series
03:48 - $500k in your first year of business
05:43 - Why your financial goals are important
10:04 - Gross revenue versus net profit
18:10 - $500k net profit strategy
23:05 - $500 gross revenue strategy
27:01 - Other elements to consider
30:34 - Wrap up
Want insider access and perks? Join my newsletter to unlock free bonuses and special announcements. Sign up at www.heatherjoyhubbard.com/subscribe
Follow me on on Instagram at www.instagram.com/heatherjoyhubbard
211 episodes
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