GET TO YES by Listening, Not Telling with Neil Osborne | Selling in the Hair, Beauty and Body Industries
E34-B2C Stuart Donaldson - How to build a cash runway to survive
Manage episode 283949392 series 2404942
Neil’s joined by his guest, Stuart Donaldson, for an episode focused on how to build cash reserves. Those reserves will help your clinic survive the income ups and downs that all businesses experience. It all starts with having plans in place to help sustain your business – one alternative is building a ‘cash runway’ for your clinic.
Stuart’s the founder and owner of Banyan Co, and he’s an experienced banking and finance executive, educator, business coach and financial advocate for owners of small to medium enterprises (SMEs). He discusses various strategies to shore-up your businesses’ profitability. Both external and internal factors can assist you in achieving greater profitability, so Stuart and Neil discuss the various long-term keys to business profitability, effectiveness and productivity.
Stuart’s insights can help you become financially savvy and progressive, so don’t miss this episode to help set up your business for greater growth and profits
In this episode you’ll learn:
- External factors
- Internal factors
- Business efficiencies
- Business productivity
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