54 min

#24: How to Prepare Your Business For A Downturn (Important Questions to Ask Your Accountant‪)‬ Stuff Your Accountant Isn't Telling You

    • Entrepreneurship

Essential financial keys to ensuring your business will survive during this economic downturn:

1) Understand HOW what's going on in the economy IMPACTS your business SPECIFICALLY (micro vs. macroeconomics)

2) Do a Sensitivity Analysis: a sensitivity analysis looks at your top revenue generators and sees their sensitivity to what's going on externally.

3) Understand your Cash reserve: How long can your business survive the loss of a large client or a significant disruption?

We dive into these topics and other keys in this week's episode.


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For More Growth Resources & Support inquiries please go to: https://www.bizprofitsecrets.com/

Get on the waitlist for our next money mastery program session starting Jan 2023:
https://www.bizprofitsecrets.com/sbcfoprogram

Grow Your Profits (Subscribe to the Newsletter): https://view.flodesk.com/pages/639e74b346c0a5596e034674

=============================

Connect with Us:
Instagram: https://www.instagram.com/businesstalklibrary
Website: https://www.bizprofitsecrets.com/
Facebook: https://www.facebook.com/TLTurnerGroup
Email: contact@tlturnergroup.com


#businessprofitsecrets #stuffyouraccountantisnttellingyou #tlturnergroup #businessowners #accountant #entrepreneur

Essential financial keys to ensuring your business will survive during this economic downturn:

1) Understand HOW what's going on in the economy IMPACTS your business SPECIFICALLY (micro vs. macroeconomics)

2) Do a Sensitivity Analysis: a sensitivity analysis looks at your top revenue generators and sees their sensitivity to what's going on externally.

3) Understand your Cash reserve: How long can your business survive the loss of a large client or a significant disruption?

We dive into these topics and other keys in this week's episode.


=============================

For More Growth Resources & Support inquiries please go to: https://www.bizprofitsecrets.com/

Get on the waitlist for our next money mastery program session starting Jan 2023:
https://www.bizprofitsecrets.com/sbcfoprogram

Grow Your Profits (Subscribe to the Newsletter): https://view.flodesk.com/pages/639e74b346c0a5596e034674

=============================

Connect with Us:
Instagram: https://www.instagram.com/businesstalklibrary
Website: https://www.bizprofitsecrets.com/
Facebook: https://www.facebook.com/TLTurnerGroup
Email: contact@tlturnergroup.com


#businessprofitsecrets #stuffyouraccountantisnttellingyou #tlturnergroup #businessowners #accountant #entrepreneur

54 min