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EP #40 🎤 The Vital Signs of a Healthy Business: Insights for Small Business Owners - The Vital Signs of a Healthy Business: Insights for Small Business Owners This episode focuses on understanding and improving the financial health of a business. Our Featured Guest John Voll elaborates on the crucial elements that contribute to a business's health, emphasizing the importance of regular financial check-ups akin to personal health check-ups or car maintenance. We discuss the alarming statistics of small business failures and delve into the 'dreaded diseases' causing these failures, such as poor cash flow, inadequate sales and marketing plans, and the neglect of vital financial documents like income statements, cash flow statements, and balance sheets. John provides valuable advice on addressing these issues, highlighting the significance of understanding one's business's financial health to ensure growth and avoid becoming another statistic of failure. This episode is packed with practical tips, including how to effectively monitor sales, costs, and cash flow, the importance of setting realistic goals, and the critical need for hiring professional financial help if necessary. VISIT OUR YOUTUBE CHANNEL FOR ALL THE PODCASTS! addressing #PolishingProfits #Podcast #EmployeeRetention #Mentor #BusinessTips #Marketing #Business #CleaningBusiness #BusinessCoach #BusinessConsultant #SharonLCowanCBSE #CleaningBusinessConsultingGroup #CommercialCleaningBusiness #ResidentialCleaningBusiness #HomeCleaningBusiness

EP40 - How Healthy is Your Business?

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