How to Minimise Business Expenses Effectively
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Welcome to Episode #32 of Prosperity on the Horizon!
In this episode we're diving into a crucial topic for small business owners: managing and minimising business expenses to maximise profitability. While many believe that increasing sales is the only way to boost profit, managing expenses is just as important. By cutting unnecessary costs, negotiating better terms with suppliers, and streamlining operations, you can significantly improve your profitability.
We discuss what managing business expenses means, why it's crucial for maintaining profitability, and how you can implement effective strategies. We break down practical steps to help you keep your costs in check and ensure long-term success.
If you need further support, our professional bookkeeping services are here to help you keep your finances on track.
Stay tuned for upcoming episodes where we further explore the world of numbers and the stories they tell.
If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.
To help you on your journey of building a thriving business with healthy cash flow, I’ve published a podcast series (Episodes 1-8) to highlight the biggest mistakes that prevent businesses from succeeding. To assist you in maintaining a healthy cash flow in your business, I walk you through The 7 Deadly Cash Flow Sins and give you tips and strategies on how to overcome them.
You can grab a free copy of my e-book ‘The Seven Deadly Cash Flow Sins’ right here, right now.
You can also subscribe to our ‘Prosperity Playbook Bulletin’ to get notified when a new podcast episode is released, and of course you will get a lot more value out of it.
Complete our FREE ‘Business Health Check’ form to give you insights into where you’re strong or weak in your business, where there are opportunities to improve, how your business is performing in terms of profitability, cash and time.
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If you’d like to find out more about Julianna and her business, visit www.horizonaccounts.com.au or follow her on LinkedIn and Instagram @horizonaccounts or book a free 30 minute Business Diagnostic Review Call.
Stay tuned for the next episode of Prosperity of the Horizon, the podcast that transforms businesses through the power of numbers and the story behind them.
48 episodes