172. Introducing Small Business Big Money!

Join Small Business Money School: https://ginaknox.co/school 

Episode Synopsis: 

I'm so excited to announce that the podcast is changing its name from 'Save 6 Figures with Gina Knox' to 'Small Business Big Money'. The change reflects a shift in focus from saving 100K to more foundational business finance topics. The three main reasons why small businesses close their doors prematurely are: not being profitable enough, not getting paid enough, and experiencing a cash crunch or unexpected bill. The new podcast aims to help small business owners avoid these pitfalls and build financial stability.

Timestamps:

00:00 - Introducing Small Business Big Money
01:25 - The Three Main Reasons Small Businesses Close Their Doors Prematurely
07:03 - Optimizing Expenses and Managing Cash Flow for Profitability
08:53 - Paying Yourself a Fair Salary as a Small Business Owner
13:37 - Building Reserves and Access to Capital to Weather Cash Crunches
19:39 - Small Business Big Money: Helping Small Business Owners Build Financial Stability

Category: Entrepreneurship