Why Most Builders Struggle Financially feat. Katie Crismale-Marshall
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Financial management plays a vital role in the success of any enterprise. However, not all business owners are financially savvy, and even those who are may find it challenging to manage their finances effectively. Implementing Profit First with consistency and commitment can help businesses achieve their financial goals and continue to aim for improvement.
In this episode, I have Katie Crismale-Marshall, a Profit First professional passionate about helping tradies transform their businesses using the Profit First method. Katie has earned a reputation for her financial management and profitability strategies expertise with years of experience in the trades industry. She understands tradies’ unique challenges and works tirelessly to guide them towards financial success.
Key takeaways:
- The challenges of implementing Profit First in Australia
- Profit First is an ongoing process that requires continuous attention and improvement
- Embrace change and be willing to make adjustments to improve the business
- The instant assessment is a powerful tool for measuring the financial health of your business
- The role of a Profit First professional in helping businesses implement Profit First
- Invest in education and training to improve skills and bring value to clients
- Starting Profit First can be challenging, but it’s important to begin as soon as possible
All this and more, on this week’s episode of THE TOOLSHED.
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Stay tuned next week when we talk about how podcasting can help your business development with Ronsley Vaz. So, don’t forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy.
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