10 Daily Tasks To Make Your Business Financially Fit
This month you enter the home straight for the end of the year! You can now see the finish line and the question is have you reached your financial goals for 2019?
If the answer is “yes” would you be interested in exceeding those goals?
If the answer is “no” would you be interested in ramping up the business to get to those goals?
In October, we have a 10 day challenge for you to focus on the financial fitness of the business. The ‘Get Financially Fit’ Challenge is FREE for everyone in the Active Management Community Facebook group – click here to join.
Business success is never easy. There are so many moving pieces to achieve our goals, so this month we want to focus on one constantly moving piece: the expenses. The ‘Get Financially Fit’ Challenge will add to your cash flow, increase your profit and help you feel in more control of your business.
In order to make our fitness business (no matter the size) more profitable we have only five options:
- Raise our prices; or
- Sell more to our current customers; or
- Sell to more customers; or
- Examine our expenses; or
- All of the above
From October 10th to 23rd – no weekend challenges – there is a daily challenge to improve your financial fitness. We share the challenge in the Facebook group and with peer to peer support we aim to enhance our financial fitness.
What to do next?
Join the Active Management Community Facebook page by the 10th October and get ready for the fun!
HINT: Your first tip to successfully complete the ‘Get Financially Fit’ Challenge is as soon as you commit, go to your diary – paper or computer – and allocate just one hour every workday for 2 weeks beginning the 10th October. Have the discipline to do this NOW and manage your time to work on the business not in it. Not every challenge will take 60 minutes, so you will have some extra time in your day!
Enjoy the ‘Get Financially Fit’ Challenge and share your successes in the Facebook Group. We know you’ll have many!
Justin is the Managing Director of Active Management, which he began January 2004. He offers coaching to businesses worldwide in everything from start up and design to marketing and sales systems. Justin also facilitates four Australian and New Zealand ‘fitness industry roundtables’ events, which allows him to see a huge cross section of business models.