Business By Design
Business by Design is the podcast for owners who want to start, scale or exit a business. Each week, Stuart Wemyss and Mena Abraham unpack the four things every business must get right: value, engine, reach and team. Using the VERT flywheel, they show how these fit together to build a business that runs without you, and how the choices you make inside the business flow through to your personal wealth, lifestyle and exit options. Every episode is short and to the point, with no fluff and no sales pitches. Go to https://www.vertflywheel.com
Business By Design
Ep 45: Simple things you can do that produce big results
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In this episode, Mena and Stuart discuss some simple things you can do or steps you can take to dramatically improve your business, including:
- Spend 30 min on ‘the numbers’ per week
- Improve management reporting and insights e.g., margins, stock turnover, etc
- Review expenses one to two times per year
- Speak to people in the industry to share ideas – it’s often a who question not a what question
- Engage your holistic accountant to develop a reporting system that gives you all the information you need to make sure your business is as efficient as possible
To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/
Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/
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Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn
IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
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