Inconsistent Cash Flow & Financial Struggles
The Challenge: Many early-stage businesses don’t track their numbers or struggle with unpredictable income. Without financial clarity, it’s impossible to make smart business decisions.
Think on This: Mike, a consultant, was making good money—but he had no idea where it was going. Some months, he was profitable, and other months, he barely broke even. He was working hard but wasn’t growing his bottom line.
BOSS Move:
✅ Track Every Dollar – Use tools like QuickBooks, to monitor cash flow, expenses, and profit margins.
✅ Set Profit Goals – Focus on profitability, not just revenue. A $500K business with 10% profit is better than a $1M business with 2% profit.
✅ Build a Financial Safety Net – Set aside at least 3-6 months of operating expenses so your business can survive slow periods.
💡 Mindset Shift: You’re not just a business owner—you’re a financial leader. Know your numbers, and you’ll always be in control.