03 | The finance side of starting a business
Listen now
Description
Welcome to the 3rd episode of our ‘Getting Started’ series. This week we’re joined by partner, Josh Curties to discuss how to identify your real break-even point to ensure your business is not just making sales but making profit right from the start. Break-even is one of the most important things you need to know before you start your business. We discuss everything from managing your personal finances, working out how much you need to live on (including all those luxuries), how to minimise overheads (including debts), how to take seasonability into consideration to increasing your profit margins and deciding and increasing your price.  To make this even easier for you, we have a free break-even calculator tool available here https://www.a4g-llp.co.uk/articles/calculating-break-even-point or by emailing [email protected].
More Episodes
Due to the outstanding response to our last traders podcast, we decided to invite our client, Ross Maxwell, professional full-time trader, and Director of Key Zone Traders, onto our podcast to record a special episode.   Key Zone Traders is an online trading education company for new and existing...
Published 11/11/22
Published 11/11/22
This month, we are discussing the ways you can generate cash and/or finance into your business. Nowadays, there are so many ways to raise funds for your business, whether you’re just starting out, growing your business, or working on an expansion project… However, it isn’t just an easy as...
Published 07/01/22