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Joining me on the podcast today is Kelcee with Elite Ops. She has been with us before and we are going to dig into some questions all around the financial aspects, kind of the manage your money, and my program. Thank you for sending in your questions and please continue to do that as we continue working through this series.
\\xa0\\xa0Topics Mentioned:
Pricing\\xa0
Cash Flow\\xa0
Billing\\xa0
Strategic Plan\\xa0
\\xa0
We can\\u2019t measure everything all the time and need KPIs for measuring what is most important.\\xa0
KPIs can be determined by knowing the goals your firm has for each quarter and measuring to the goals consistently.\\xa0
Build SOPs to support your measuring goals.\\xa0
Charging to grow allows for growth and reinvestment in your firm.\\xa0
Having a strategic plan is crucial to grow your business.\\xa0
Create a plan then build your time and money based on that plan for profitability.\\xa0
If you don\'t know where every dollar goes, you don\'t know how that time is going to be spent then you need to halt and think about what you\'re doing.\\xa0
Know your process.\\xa0
Look at your business in cash and accrual.\\xa0
See the 360 view of your business.\\xa0
To protect what you are building, you need three to six months of a cushion to carry operating expenses.\\xa0
Change allows us to get something different.\\xa0
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Profit First by Mike Michalowicz
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