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009 7-FINANCIAL HABITS THAT CAN HELP YOUR BUSINESS GROWTH

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Manage episode 502409239 series 2866359
Content provided by Egbeiyon Leonard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Egbeiyon Leonard 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.

Architects are trained to design buildings, but rarely trained to manage money. Many practices collapse not because of poor design, but because of poor financial habits. The good news? Building wealth and stability in your practice isn’t about making one big financial move; it’s about the small, consistent habits that compound over time.

In this episode of The SILL TALKS PODCAST, we’ll uncover 7 practical financial habits that can transform your business from unstable to unstoppable. These are not complicated formulas or accounting jargon but just simple, smart practices you can start applying today.

Here’s what you’ll take away:

  • Budgeting with clarity: How to track income and expenses the right way.
  • Pay yourself first: Why architects must separate business money from personal money.
  • Emergency cushions: Building reserves so cash flow challenges don’t cripple your projects.
  • Pricing discipline: Understanding costs, profit margins, and charging appropriately.
  • Smart saving and reinvestment: Growing your practice by putting money to work.
  • Debt awareness: Knowing when to leverage and when to avoid it.
  • Financial reviews: The habit of checking your numbers regularly, not seasonally.

This isn’t just about numbers; it’s about building the financial backbone that keeps your creativity alive and your practice sustainable.

✨ Because the truth is: architecture is art, but running a firm is business and above all business runs on money.

Send an email to:
[email protected] to let us know what challenges you are currently facing in your business, to see how best we can help you overcome them.

  continue reading

15 episodes

Artwork
iconShare
 
Manage episode 502409239 series 2866359
Content provided by Egbeiyon Leonard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Egbeiyon Leonard 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.

Architects are trained to design buildings, but rarely trained to manage money. Many practices collapse not because of poor design, but because of poor financial habits. The good news? Building wealth and stability in your practice isn’t about making one big financial move; it’s about the small, consistent habits that compound over time.

In this episode of The SILL TALKS PODCAST, we’ll uncover 7 practical financial habits that can transform your business from unstable to unstoppable. These are not complicated formulas or accounting jargon but just simple, smart practices you can start applying today.

Here’s what you’ll take away:

  • Budgeting with clarity: How to track income and expenses the right way.
  • Pay yourself first: Why architects must separate business money from personal money.
  • Emergency cushions: Building reserves so cash flow challenges don’t cripple your projects.
  • Pricing discipline: Understanding costs, profit margins, and charging appropriately.
  • Smart saving and reinvestment: Growing your practice by putting money to work.
  • Debt awareness: Knowing when to leverage and when to avoid it.
  • Financial reviews: The habit of checking your numbers regularly, not seasonally.

This isn’t just about numbers; it’s about building the financial backbone that keeps your creativity alive and your practice sustainable.

✨ Because the truth is: architecture is art, but running a firm is business and above all business runs on money.

Send an email to:
[email protected] to let us know what challenges you are currently facing in your business, to see how best we can help you overcome them.

  continue reading

15 episodes

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