Financial and Lifestyle Freedom for UK Business Owners

Annette Ferguson
  • 4.8 (9)
  • MANAGEMENT
  • UPDATED TWICE WEEKLY
Financial and Lifestyle Freedom for UK Business Owners

Financial and Lifestyle Freedom for UK Business Owners Profit First Professional, Chartered Accountant and Small Business Growth Strategist, Annette Ferguson, teaches UK small business owners and entrepreneurs how to achieve both the financial and lifestyle freedom they crave. Tune in weekly to learn money hacks and business tactics so you can build a dream team, serve your clients better, and ultimately take home more money. Annette and her guests give no-nonsense finance strategies and profit-increasing tips. Subscribe today to maximise your profit, find the hidden wealth in your business, and achieve financial and lifestyle freedom through the business that you have!

  1. 25/11/2024

    552. Advanced Financial Metrics: Unlocking the Key to Sustainable Growth

    In this episode, we go beyond the basics and dive deep into advanced financial metrics like EBITDA, Operating Leverage, Economic Value Added (EVA), and more. Discover how these metrics can drive profitability, optimise cash flow, and enhance strategic planning. What You’ll Learn: ​ • The importance of tracking advanced financial metrics • How to use EBITDA and Operating Leverage to boost profitability • Calculating Economic Value Added to assess value creation • Strategies to optimise your Cash Conversion Cycle • Using ROCE and Z-Score to assess financial health Resources Mentioned: - Podcast episode - 544 Understanding Business Finances Beyond the Basics: Advanced Metrics for Growth - https://www.annetteandco.co.uk/544-understanding-business-finances-beyond-the-basics/ - Strategic Financial Metrics Toolkit (Free Download) https://www.annetteandco.co.uk/strategic-financial-metrics-toolkit/ Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/ TranscriptWelcome back to the podcast! And today, we’re diving into an advanced topic that can transform your business: Understanding Advanced Financial Metrics to Optimise Performance. We often hear about basic metrics like profit margins and cash flow, but today, we’re going to go beyond that and discuss metrics that can drive sustainable growth for your small business. Whether you’re a seasoned entrepreneur or just starting out, mastering these metrics will set you on the path to success. So grab your notebook because we’re about to get into the details!” The Importance of Tracking Advanced Financial Metrics“Let’s kick things off by discussing why advanced financial metrics matter. As a business owner, you might be tracking your revenue and profit margins, which is great—but that’s just the beginning. Metrics like EBITDA, Operating Leverage, and Return on Capital Employed (ROCE) provide a deeper understanding of your business’s health. They go beyond the basics to help you optimise efficiency, identify potential risks, and make strategic decisions. By understanding these advanced metrics, you’re not just looking at the past—you’re using them to plan for a more profitable future.” Understanding EBITDA and How It Impacts Strategic Planning “Let’s start with EBITDA—that’s Earnings Before Interest, Taxes, Depreciation, and a href="https://www.annetteandco.co.uk/what-is-amortisation/"...

    7 min

  2. 18/11/2024

    551. Tax Planning Strategies for UK Small Business Owners: How to Save Money and Reduce Your Tax Bill

    In this episode, we explore actionable tax planning strategies to help UK small business owners reduce their tax liabilities and maximise their savings. From claiming deductions to leveraging tax-efficient investments, this episode is packed with tips to help you prepare for the end of the tax year. What You’ll Learn: • The importance of proactive tax planning • How to maximise deductions and allowances • Tax-efficient investments to reduce your taxable income • Tips for preparing your self-assessment tax return • Last-minute year-end tax planning strategies Resources Mentioned: • Download the FREE Comprehensive Tax Planning Toolkit ​ Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    11 min

  3. 11/11/2024

    550. Creating a Sustainable Growth Strategy for Your Small Business

    In this episode, we explore how to create a sustainable growth strategy for your small business. From setting SMART goals to managing cash flow and optimizing your operations, I cover all the essentials for growing your business sustainably. What You’ll Learn: • The importance of having a clear vision and SMART goals • How to budget and allocate resources effectively • Tips for streamlining operations and scaling your business • Strategies for building a high-performing team • Long-term planning and risk management Resources Mentioned: • Download the FREE Sustainable Growth Strategy Toolkit Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    8 min

  4. 04/11/2024

    549. Financial Mistakes Small Business Owners Make (And How to Avoid Them)

    In this episode, I break down the most common financial mistakes small business owners make—and how to fix them. From cash flow management to pricing strategies and tax planning, this episode will help you avoid costly errors and set your business up for long-term success. What You’ll Learn: • The importance of cash flow forecasting and keeping personal and business finances separate. • Why underpricing can hurt your business and how to price your services based on value. • How to create a budget that helps you track expenses and meet long-term financial goals. • Key tax planning tips to avoid year-end surprises. Resources Mentioned: • FREE Financial Mistakes Prevention Toolkit https://www.annetteandco.co.uk/financial-mistakes-prevention-toolkit/ • The Profit Plan (Kindle Book 77p) https://www.annetteandco.co.uk/ppbook Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    8 min

  5. 28/10/2024

    548. Managing and Reducing Business Debt: Strategies for Financial Freedom

    In this episode, I explore practical strategies to manage and reduce business debt. Learn the difference between good and bad debt, how to assess your current debt situation, and the best methods to reduce debt while improving your cash flow. What You’ll Learn: • How to differentiate between good debt and bad debt. • How to assess your current debt and prioritise repayment. • Strategies to reduce debt, including the debt snowball and debt avalanche methods. • Tips for improving cash flow to pay off debt faster. • Long-term strategies to avoid falling into debt again. Resources Mentioned: • Business Debt Reduction Toolkit (Free Download) https://www.annetteandco.co.uk/business-debt-reduction-toolkit/ Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    11 min

  6. 21/10/2024

    547. Financial Forecasting: How to Plan for the Future with Confidence

    In this episode, I dive into the essential steps of financial forecasting—from predicting your revenue and controlling expenses to ensuring cash flow stability. Learn how to create accurate financial forecasts and use them to guide your business decisions with confidence. What You’ll Learn: • What financial forecasting is and why it’s critical for business success. • How to create a revenue forecast that sets you up for growth. • The importance of expense forecasting and planning ahead for costs. • How to ensure cash flow stability during growth periods. • How to use financial forecasts to make strategic decisions. Resources: • Financial Forecasting Toolkit (Free Download): https://www.annetteandco.co.uk/financial-forecasting-toolkit/ Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    9 min

  7. 14/10/2024

    546. Pricing Strategies to Maximise Profitability: Value-Based, Premium Pricing, and More

    In this episode, I explore the pricing strategies that can have the biggest impact on your business’s profitability. I cover value-based pricing vs. cost-plus pricing, how to confidently raise your prices without losing customers, and how to effectively price for premium services vs. budget offerings. What You’ll Learn: • Why pricing is the most powerful tool to increase profitability. • The difference between value-based and cost-plus pricing—and why value-based pricing can help you capture more value. • How to raise your prices with confidence and keep your customers happy. • How to price for premium services and budget offerings without sacrificing profit margins. Resources: • Ultimate Pricing Strategy Toolkit (Free Download): https://www.annetteandco.co.uk/ultimate-pricing-strategy-toolkit/ Connect with Me: - Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247 - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    10 min

  8. 07/10/2024

    545: Financial Planning for Small Business Growth: Cash Flow, Budgeting, & Strategic Investments

    In this episode of the Financial and Lifestyle Freedom Podcast, I dive into how to prepare your small business financially for growth. I cover cash flow forecasting, budgeting for growth, and strategic investment planning. These three components are essential for any small business owner looking to expand their business sustainably and confidently. What You’ll Learn: - Cash Flow Forecasting: How to predict your future cash flow to ensure your business has enough cash to grow. - Budgeting for Growth: How to set up a growth-focused budget and manage expenses. - Strategic Investment Planning: How to align investments with your business growth goals without giving specific financial advice. Resources Mentioned in this episode: - Cash Flow Planning Template (Free Download) https://www.annetteandco.co.uk/cashflow-template/ - The Profit Plan Kindle Book (77p on Amazon) https://www.annetteandco.co.uk/ppbook Connect with Me: - Instagram: https://www.instagram.com/annettefergs/ - LinkedIn: https://www.linkedin.com/in/annettefergusonuk/ - Website: https://www.annetteandco.co.uk/

    8 min
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4.8
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About

Financial and Lifestyle Freedom for UK Business Owners Profit First Professional, Chartered Accountant and Small Business Growth Strategist, Annette Ferguson, teaches UK small business owners and entrepreneurs how to achieve both the financial and lifestyle freedom they crave. Tune in weekly to learn money hacks and business tactics so you can build a dream team, serve your clients better, and ultimately take home more money. Annette and her guests give no-nonsense finance strategies and profit-increasing tips. Subscribe today to maximise your profit, find the hidden wealth in your business, and achieve financial and lifestyle freedom through the business that you have!

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