Work out your break even
🤔Do you know how much money you need to make to…
👉Break even in your business
👉Cover your personal needs
Do you know how much you have to make each week to cover everything?
Do you know how much you have to make to make a pofit?
Do you even know how much profit you want to make?
I know LOTS of businesses who are loosing money and they JUST DON’T KNOW IT!!!
📝Take some time to write down all of your regular outgoings
Get on your banking app and write down all your regular, necessary outgoings for the past few months – you will find there’s some weekly regulars, monthly and quarterly.
Then write a list…
-What you HAVE to make – essential outgoings to keep your business going and your household!
-What you DREAM to make – things you’d love to have, or like to save for – how much are they?
👍You might be surprised at how much it is
👍It’s good to have these figures in your mind
You’ll know what you HAVE to make to keep living!
And you’ll know what you DREAM to make to live the life you want to live!
It will help you to keep on top of your spending and make business decisions
It will also help to motivate you to make your DREAM amount!!