The boring sh!t in business Podcast with Amy Bajada

EPISODE 58 :Your perfect price point

The impact pricing our products and services has on our businesses overall profitability is significant.  And when we strip back the layers of what is the pricing lifecycle of a product or service it becomes highly evident that without a solid strategy you may be not only selling yourself (and your business) short, but it can result in cashflow erosion and that’s not good for sustainability.
So in this episode, I wanted to spend a moment examining the lifecycle of our pricing, how it impacts profitability, what the flow on effects are and how to get started with an effective pricing structure that is right for your business.  We examine the types of pricing strategies that are available to us, and how the perfect price point is all yours for the taking when the fundamentals are employed.
If you like what you hear, be sure to subscribe and turn on those notifications so you receive alerts when a new episode drops.
Go on the waitlist for my pricing online course available in 2022 : email amy@amybajada.com
To access my free download on getting started with pricing strategies : head to my website www.amybajada.com.au

EPISODE 57 : How to remove money blocks and create financial abundance

There is a lot of work we can do when it comes to creating growth and profitability in our businesses … but this work can only be done if we get behind it and drive the change.  Often in this space we are confronted with obstacles that present themselves in the form of emotion, beliefs, mindset, habits that we find difficult to identify, address and shift.
In this episode, I wanted to take a moment away from the physical strategies that we can employ to create the financial abundance in our business and discuss some of the emotional ones that are holding us back.  In particular our limiting beliefs and relationship with our money.  
Financial blocks are real, and are often engrained in us from childhood which make it difficult to shift our mindset.  So in this episode I touch on some of the ways to help shift these blocks and create the financial abundance we work so hard to achieve.  So take a moment with we as we explore these.

EPISODE 56 : Good vs great businesses

I love a great business story where a business owner is so passionate about their product and service and they give everything they have to getting not only the idea of the ground but creating a business around it.  This is hard work … so it pains me when I see the same business owners struggling to keep the business going.
And it has nothing to do with the product or service, but more so in relation to the business model they have built around it. So in this episode, I wanted to talk a little about the differences with having a great product or service business that is surviving, as opposed to one that is thriving!  I’ll be discussing the foundations that make a business successful along with some growth strategies that you can employ to create a sustainable business to ensure you keep being able to do what you love.  So take a listen. A x
If you like what you hear, be sure to subscribe and turn on those notifications so you receive alerts when a new episode drops.
⚠️ And if you are wanting to make a significant change now, I have a new CASHFLOW challenge starting on the 1st October!  Details on my website www.amybajada.com.au or in my 🔗 Link in bio

EPISODE 55 : Financial Literacy

Financial literacy or lack there of in business poses a significant issue when it comes to survival.  And there is so much packed into the financial side of business that can offer the help that most business owners need to succeed, yet it continues to be the aspect of business that is ignored or put in the “too hard” basket.  And it’s such a shame!  
The reality is that, every decision made in business impacts your financial outcomes. EVERY.SINGLE.DECISION.  So why wouldn’t you want to know more about making it count?  
In this episode, I explore what Financial Literacy means to me, means to business owners … share the experiences of those that I have worked with demonstrating in no uncertain terms how taking the time to make it a priority can make a significant impact on the financial aspects of YOUR business! 
⚠️ And if you are wanting to make a significant change now, I have a new CASHFLOW challenge starting on the 1st October!  www.amybajada.com.au
So take a listen.  A x

EPISODE 54 : What is financial distress and what can you do about it?

As business owners we have been tested over the last 18 months as our businesses fight to mange the strain that the COVID pandemic has put on them.  So it comes as no surprise that business owners are feeling the financial distress that they are.  So in this episode, I wanted to talk about financial distress, how to recognise it, what things you may be able to do to help during this time, and of course the power of modelling various areas in your business to further help.  Be sure to take a listen. A x

EPISODE 53 : Ways to save money this tax time

With us turning our attention to wrapping up the last financial year and getting our tax sorted, I thought this episode could be all about tax deductions and ways you can save on paying tax this tax season.  Limited to obvious deductions, I turn my attention to home office deductions and any relevant changes with COVID and a discussion around the differences between employee and business owner in this area.  Self education as it presented itself as a big focus last financial year, along with the stock standard travel, some business related deductions and uniforms for those that this may be relevant for.  There is something for everyone.  So be sure to take a listen.  A x

EPISODE 52 : Gross Profit vs Net Profit

In this episode we explore the two types of profit found in business .. the Gross Profit and of course out Net Profit.  During the discussion I set out to not only define each type of Profit in our business, but to talk through the relevance of each individually along with how you could use the information they both provide to you and of course the differences that exist between the two of them.  Both very important at representing the profit at different phases of the production and earnings process in any business, a necessary discussion I’d say.  Take a listen. A x

EPISODE 51 : Profit vs Cash

In my experience all too often business owners fail to see the disconnect between their profit and their cash.  You see whilst one drives the other … ie: profit should improve cash, there is a distinct timing difference that many fail to understand through this process.  It is here that I find that many business owners become disheartened and often confused when their bank account doesn’t look like their profit figure.  But there are reasons for that!  So in this episode, I wanted to explore this distinction along with discussing some of the pitfalls of thinking that they should.  Be sure to take a listen to this one.  A x
 

EPISODE 50 : 10 things no one tells you about being in business

On this episode, I’m going to be discussing 10 things no one tells you about when you go into business.  Having worked with many business owners over the years, I’ve identified a pattern of the “Oh I wish I knew this” moments that seem to be relative to all industries and all business types.  Whether they be product based or service based.  So I’m going to give it to you straight … and if you’ve already started your business and found yourself thinking the same sorts of things or even may think they may become a thing, know that it’s not too late to take a moment and get it right.  Just may make all the difference.  Take a listen. A x

EPISODE 49 : What it really takes to deliver a coaching session

In recent correspondence with a new client, my service rate was challenged only when it came time to make payment on the final invoice.  Prior to that, I had received nothing but praise for the work we’d done together, how much better they were feeling about everything and excited to be moving forward.  Now whilst this is nothing new, it’s wrong to be so snarky when it comes to paying what’s due.  So I thought, in light on this conversation that I would address the time being challenged!  So in this episode, I’m outlining exactly what it takes to put together a “simple” coaching call or program, most of which gets done behind the scenes.  So here it is, a very transparent discussion about what I put into (and I’m sure a lot of other service based business owners do too) a “simple” session for my clients. Take a listen. A x