A Fresh Approach to Managing Cash Flow for Travel Agents
Managing your business finances is important for any entrepreneur. But it can also feel overwhelming if it’s not a natural skill.
In the latest episode of the Travel Agent Achievers Podcast, Ros chats with Victoria Berry, who's an accountant and knows her stuff about making money work for your business. Together, they talk about how to handle your money without all the complicated jargon.
Victoria, the brain behind Bookkeeper Hub, breaks down tricky financial ideas into easy steps. She is a trained professional in the "Profit First" method. It’s a system that can help business owners struggling with money flow. It's not just about keeping your books tidy; it's about making sure your business makes you money too.
"Profit First" is about splitting up your income into different pots. You've got money for profit, your own pay, taxes, and running costs. This way, you're not just reacting to money problems; you're planning for them.
Victoria also talks about why it's important to understand how healthy your business is financially, not just doing what the rules say. She uses real-life examples to show how changing your money habits and using "Profit First" can make a big difference to your travel business and your life.
This episode is packed with great advice for travel agents wanting to get a handle on their finances. Whether you're trying to figure out cash flow, want to make more money, or just want a business that works for you, Ros and Victoria have got you covered.
So, tune in to this chat and start taking charge of your finances to make your travel business a success!
Grab all the information and further details discussed at: www.travelagentachievers.com/87
Information
- Show
- PublishedMarch 11, 2024 at 8:03 PM UTC
- Length40 min
- Episode87
- RatingClean