How to Keep More of What You Earn - With Chris Beks Practice Growth HQ

Episode Summary:  
In this episode of Practice Growth HQ I speak with Chris Beks about a topic we’re all interested in - how to keep more of what you earn. 
 
Chris is a seasoned business expert with a multi-award-winning business he’s been running since 1990. He’s also the acclaimed author of a book called ‘Chasing the Dream’. 
 
In this episode, Chris shares his best tips for saving money in your business, so that you can buy more of what you want. You’ll rediscover some ideas from Mike Michalowicz’s book ‘Profit First’ and learn how to legally minimise the amount of business tax you pay this financial year.    
 
If you’re ready to give your business or personal finances an overhaul, take notes during this episode! 
 
What you’ll learn: 
 
(03:33) Chris highlights the common roadblocks business owners face when it comes to finances  
(04:53) Unpacking the reactive approach to spending and why it can be a practice owner’s downfall   
(07:12) Discover the 50:30:20 rule for budgeting 
(09:20) Chris shares his thoughts on the current economic climate   
(10:00) How to make it easier to save money (and make it harder to spend!) 
(13:08) The importance of prioritising your spending and the money lessons you can learn from the book ‘Profit First’       
(16:38) How to decide what to spend your business profits on   
(18:51) How to find more cost-effective solutions in your business    
(22:57) How to legally minimise your business taxes 
(26:18) Where to get started if you’re ready to sort out your finances   
Plus loads more! 
 
Links and Resources:   
Website: https://www.ceebeks.com