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That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
Nothing makes sense! Does it feel like you hit a brick wall in your business?
When someone wants to hand me a pile of data explaining why a person or group of people do something, my usual reaction is “Humans do one of two things, they either do what they did last time, or they do what everyone else is doing”.
Let’s start with how much unpaid work have you been doing for businesses, especially multi-nationals.
Right now, banks will be completing analysis on their clients who have failed to meet their mortgage payments and will start to build profiles of those future clients fit this profile and they can decide that they don’t want that client.
Here’s an idea from The Angels at Your Business Angels / Fresh Numbers… if it’s for business, it comes down to needs or wants. Leaving your EGO at home could save a lot.
Now we have chased banks down a rabbit hole, we have others pooping into the marketplace. Those quick fix $10k and $20k loans that solve your problem for “oh about a nano second”.
“The average tradie spends a house deposit every 5 years on takeaway – and much, much more….”
There is a possibility that you have a business because that’s the best way you had in getting a job.
At Your Business Angels / Fresh Number we have analysed hundreds of thousands of bank statements, so we are going to claim we are an authority on spending habits of tradies.