Episode 020: Helping Your Business Bounce Back After A Crisis – investment spending vs disposable spending

Episode 020:
Helping Your Business Bounce Back After A Crisis

Investment spending vs disposable spending

Today’s topic was already on the schedule for this month, but it links nicely with the impromptu mini-series off the back of the coronavirus crisis and what it means for consultants.

This topic is relevant now and when we are operating under normal circumstances: 

How to manage your business spending and know what you can afford. Because that is a question that gets asked often – how do I know how much I can budget for running my business.

In this episode I talk about:

  • Disposable vs investment expenditure and how to tell the difference between them.
  • The risks associated with ill-considered spending cuts.
  • An exercise that helped me 15 x my profit.
  • How to make sure YOU aren’t one of the expenses your client chooses to cut.

     

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