Improve Efficiency | Ignite Creativity | Increase Profits | Amplify Impact
You’re juggling everything. Let’s take one thing off your plate – your first clarity call is on me.
When I attend in-person networking events, I enjoy the community, meeting new people, and feeling that my time has purpose. The goal of engaging with online networking groups should be the same.
Now you understand budget terms, you know how much you need to earn from your business, all of your business expenses are identified, and your service rates are set. Let’s pull all of it all together to create your own business budget.
What are you going to charge for your service and how do you even figure it out? I think this is where most new business owners get jittery. Here are 5 things to consider when you set your service rates.
How do you get paid in your small business? Start with your personal budget and build your business budget from there.
When you’re done with this series, you will:
– understand basic budget terminology
– create your personal budget
– know how much revenue your business needs to survive and thrive
– identify your business expenses, and what to cut if necessary
– create your business budget
– understand how to project your future earnings and expenses and set goals to keep your business on track
Action Over Perfection
I recently heard another business owner say those words, “action over perfection”, and boy, did it resonate. “Yes”, I thought.