Cover art for podcast Badass Business Owners

Badass Business Owners

566 EpisodesProduced by Tammy AdamsWebsite

Badass Business Owners Know Their Business Numbers. They are Small Business Owners serving their local communities who are tired of living job to job and want to grow their business income & their personal income. If it seems like the harder you work, you still can't seem to grow your profits as fas… read more

17:09

A Debt Free Business Leads to More Profits

 

EPISODE 193 of The Local Small Business Coach Podcast

 

A Debt Free Business Leads to More Profits

In today’s episode:

Don’t be too quick to hop into debt to grow your business. While the new debt might allow you that new truck, tools or some other need, it comes with a cost. You just increased your expenses and start the month in the hole. It should be the exception, not the rule to use debt to grow the business. There are ways for you grow your business by using your retained earnings instead. It is the safer route. When you tweak those processes, you will come up with money as well. Let’s discuss further.

 

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in take-home pay. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

 

HELPFUL LINKS

 

 

 

Follow me on Twitter @tadams4u

 

AFFILIATE LINKS

·         My Recommended Bookkeeping Program for Local Small Business Owners: Freshbooks Link

 

 

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

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