Ep 7: The Importance of Knowing Your Numbers When Owning a Business
Many people have dreams of opening their own business and creating a life that they have full control over. But that goal isn't easy and often times owners make key financial mistakes that end up costing them their business. Let's talk about why it's so important to know your numbers and how you can accomplish that. Read more and get additional financial resources here: https://welkawealthpodcast.com/ep-7-the-importance-of-knowing-your-numbers-when-owning-a-business/201/ Today's show schedule: 0:30 – Who this podcast is for. 0:47 – How can you make your business successful? First thing is to know your numbers. 1:57 – The habits that make business owners successful. 3:53 – Keep a sharp eye on your overhead. 4:41 – How much is it costing you to acquire new customers? 5:55 – The steps to building a strong financial business. 6:44 – What to invest in to strengthen your company. 7:17 – Making it a priority to build a business where the love of God is reflected.