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549. Financial Mistakes Small Business Owners Make (And How to Avoid Them)

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Manage episode 448425471 series 3012675
Content provided by Annette Ferguson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Annette Ferguson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, I break down the most common financial mistakes small business owners make—and how to fix them. From cash flow management to pricing strategies and tax planning, this episode will help you avoid costly errors and set your business up for long-term success.

What You’ll Learn:

• The importance of cash flow forecasting and keeping personal and business finances separate.

• Why underpricing can hurt your business and how to price your services based on value.

• How to create a budget that helps you track expenses and meet long-term financial goals.

• Key tax planning tips to avoid year-end surprises.

Resources Mentioned:

• FREE Financial Mistakes Prevention Toolkit https://www.annetteandco.co.uk/financial-mistakes-prevention-toolkit/

• The Profit Plan (Kindle Book 77p) https://www.annetteandco.co.uk/ppbook

Connect with Me:

- Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247

- Instagram: https://www.instagram.com/annettefergs/

- LinkedIn: https://www.linkedin.com/in/annettefergusonuk/

- Website: https://www.annetteandco.co.uk/

  continue reading

488 episodes

Artwork
iconShare
 
Manage episode 448425471 series 3012675
Content provided by Annette Ferguson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Annette Ferguson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, I break down the most common financial mistakes small business owners make—and how to fix them. From cash flow management to pricing strategies and tax planning, this episode will help you avoid costly errors and set your business up for long-term success.

What You’ll Learn:

• The importance of cash flow forecasting and keeping personal and business finances separate.

• Why underpricing can hurt your business and how to price your services based on value.

• How to create a budget that helps you track expenses and meet long-term financial goals.

• Key tax planning tips to avoid year-end surprises.

Resources Mentioned:

• FREE Financial Mistakes Prevention Toolkit https://www.annetteandco.co.uk/financial-mistakes-prevention-toolkit/

• The Profit Plan (Kindle Book 77p) https://www.annetteandco.co.uk/ppbook

Connect with Me:

- Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247

- Instagram: https://www.instagram.com/annettefergs/

- LinkedIn: https://www.linkedin.com/in/annettefergusonuk/

- Website: https://www.annetteandco.co.uk/

  continue reading

488 episodes

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