How Can I Overcome Peaks and Valleys in My Income
Manage episode 351814479 series 3012675
As a business owner, it is really hard to be looking at your business experiencing highs and lows? It is not a very good feeling and perhaps you may be contemplating whether to push forward or close the business all together. Don’t give up too soon because there are remedies that you can do to overcome those peaks and valleys.
In this episode, I will give you six mindful strategies that will help your revenue to be consistent.
Highlights of this episode:
- Why is getting familiar with all all the components of your business important?
- How can you manage your expenses during high and low revenue periods?
- Why is it advisable to invest in marketing and advertising only during the peak season?
- Automation is a great way to make good use of your time.
- Why is it important to stay positive and focused during lower revenue periods?
- Celebrating even if they are just small wins.
Resources:
If you’re struggling to understand the accounting for your business, reach out to Annette at podcast@annetteandco.co.uk and join our Facebook group https://www.facebook.com/groups/915326342418247.
To know more about financial and lifestyle freedom and if you wish to receive updates on all the workshops that will help you increase your profitability and freedom from your business, just head on over to https://www.annetteandco.co.uk/want-our-emails/.
Connect with Annette Ferguson:
Facebook - https://www.facebook.com/UKAnnetteFerguson/
Instagram - https://www.instagram.com/annetteandco_/
YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA
Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -
484 episodes