Dialing in your Operating Expenses - Mini Episode
Your operating expenses can make or break the success and long term viability of your business. When businesses go deep in taking on expenses the business is going to struggle to keep up if the momentum of the business expenses do not match the momentum of your sales.
Steps to figuring this out-
- Create a spread sheet and get into your banking.
- Make sure all expenses come from the business account- do not pay things with your personal account. It is harder to keep track and to keep accountable in one spot.
- Check in if expenses still make sense.