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1025. Future-Proof Your Business: Essential Financial Safeguards with Kelly Roach

1025. Future-Proof Your Business: Essential Financial Safeguards with Kelly Roach

FromThe Kelly Roach Show


1025. Future-Proof Your Business: Essential Financial Safeguards with Kelly Roach

FromThe Kelly Roach Show

ratings:
Length:
24 minutes
Released:
May 16, 2024
Format:
Podcast episode

Description

In this episode of The Kelly Roach Show, Kelly delves into invaluable insights on how to future-proof your business by establishing robust financial safeguards to withstand potential business disruptions. Her tactical advice equips business leaders with essential tools to navigate the unpredictable currents of today's economic landscape. She explores practical steps to fortify financial foundations and ensure business continuity amid challenges. By discussing the creation of emergency funds, the art of negotiating better rates with vendors, and the importance of prudent credit management, Kelly outlines a comprehensive range of strategies designed to enhance fiscal resilience. She underscores the importance of regular financial reviews and active participation in profit-generating activities, highlighting that thorough preparation and strategic financial management are crucial for driving sustained business growth. Also in this episode:  Establish an emergency fund and perform monthly financial reviews, cutting unnecessary expenses and negotiating vendor rates. Learn about building corporate credit distinct from personal credit to open up new financing avenues. Evaluate where your business might not be investing enough resources and correct the course to ensure growth. Train your team on a '4X strategy' to ensure they contribute to, rather than detract from, the business's profitability.   Virtual Business School Profit Push Workshop on May 22-24 from 12pm-1pm EST Register here: thekellyroach.com/profit   Stay Connected With Kelly Roach:  Instagram | LinkedIn | Facebook | Youtube
Released:
May 16, 2024
Format:
Podcast episode

Titles in the series (100)

The Unstoppable Entrepreneur Show, formerly Unstoppable Success Radio, exists to inspire and equip overworked entrepreneurs to step into the role of 7+ figure CEO, with cutting edge marketing strategy, timeless business principles, and the psychology behind scaling exponentially. Tune in each week to learn from Kelly Roach, a former Fortune 500 executive and NFL cheerleader turned multimillion-dollar business growth strategist. In each episode, Kelly shares the truth about what it takes to grow a multimillion-dollar company, the strategies that are working TODAY, and the business principles most of the entrepreneurial world tends to ignore. In addition to weekly solo episodes, where Kelly shares the up-to-date practices necessary to turn 6-figure years into 6-figure months, she’ll also be interviewing industry leaders, trailblazers and disruptors like Jay Abraham, Ali Brown, and Chalene Johnson to give listeners the inside scoop on what it takes to build an empire. Don’t miss an episode, subscribe today for everything you need to make 7-figure leaps in your business, year after year!