Hi, I’m Amber!
The Biggest Financial Mistakes Online Businesses Make (and how to avoid them!)
According to research done by U.S. Bank and cited on the SCORE/Counselors to America’s Small Business, the reason small businesses fail overwhelmingly includes cash flow issues.
What are “cash flow issues?” Cash flow is simply the money coming in and going out of your business. Sounds simple enough, doesn’t it? Cash flow management IS simple, but that doesn’t mean it’s easy. The majority of these failing businesses are started and run by brilliant people that simply need better tools and leadership around their finances.
I want you to understand that starting and running a profitable and sustainable online business is absolutely something that YOU can do. If the biggest problem is cash flow management, I’ve got you covered! If you read Profit First and thought “Yes, this makes sense! But how can I make this work for me?” Great news, we’ve got all the information you need to implement Profit First in your business too (without a bajillion bank accounts!)
In this week’s episode of Profit for Joy™ TV, I’m sharing the biggest financial mistakes online businesses make and how to avoid them.
- What mistakes are being made
- How to avoid them
- The best first step
We’d love to hear your thoughts:
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- Post your questions in our amazing Sweet Life, Purposeful Money community
- Discover the cash flow management software we recommend HERE.
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Our community of soul-based, creative entrepreneurs looking to increase money love, awareness, and finally get control of both personal and business finances. In this community, you’ll have the opportunity to share topics that you’d like tips about. I’d love to hear from you!
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Are you ready to take the first steps to untangle your personal and business finances and use your revenue goal to advance your business? Join the VIP waitlist to be the first to be notified of our next live Aged Money Challenge.
We have been told by past participants that this free experience has been worth more than the last three investments they have made in their business. In other words, you don’t want to miss it!
Get ready to lay the roadmap to a profitable and sustainable business while uncovering how to start healing your relationship with money. Remember, money is simply a resource to allow us to live a life of joy. We can’t wait to support you in our next live workshop. Big kudos to you for taking this big step towards financial self care.