Wednesday Sep 27, 2023

EPISODE 147 : From Vague Ambitions to Actionable Plans: Assigning Figures for Better ROI in Business

In the world of business, every financial decision is a high-stakes gamble. Whether you're a seasoned business owner or just starting out, the ability to think realistically about your financial moves can be the difference between thriving and floundering.

Thinking realistically about financial moves in your business is not about being overly cautious or pessimistic. It's about being well-prepared.

As you contemplate your next investment or financial decision, there are critical key factors that demand your attention. Return on Investment, timing of that return, how to budget for these and how adverse you are to the risk associated with these decisions.

Let’s chat about them … take a listen. A x

Key moments throughout the episode ...

  • What is ROI [02:08]
  • Understand what type of return you want [05:37]
  • Setting goals on when you want the return on your investment [09:22]
  • A great tool to assist in financial decisions [11:12]
  • What risk are you and your business able to (or even willing to) take on [12:26]

Need a forecasting tool ... why not check out my financial spreadsheet to assist you here www.amybajada.com.au/pandl

If you'd like to examine your business decisions and ROI further, schedule a free discovery call www.amybajada.com.au/discoverycall

Join the waitlist for my Small Business Cashflow Course at www.amybajada.com.au/sbcc

 

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