Hi Reader,

Here's how I gave myself an instant raise
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✅ I cut a software expense from my business expenses that I had been on the fence about for a few months and finally felt like I wasn't using it to drive revenue - Saved $500 / month. I plan to pass this directly through to my personal income each month
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✅ I switched our housecleaning from weekly back to monthly >> going from $528 back to $163/ month in cost saving $336/month
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$336+ 500 = $836 with just a few adjustments to expenses that weren't producing more income.
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This savings will likely get offset with other expense in a month or two that will drive more revenue, but for now who doesn't love an extra $836/ month when you have 3 kids and are paying for childcare?
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This simple example of reviewing a few line items in your budget (business or personal) can create extra margin.
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Margin is where you want to be hanging out, not gross revenue.
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-Natalie

On the blog...

The Keys to Unlocking Financial Confidence in Your Business

Most people aren’t very confident when it comes to finance. I recently hosted a workshop where business owners shared their biggest questions about financial statements. And you know what? The same themes kept coming up - all business owners (yes, including financial professionals!) struggle with their business finances at some point. Running a business is challenging, and there are so many unpredictable events in the life of a company.

Profitability Improvement Strategies for Small Businesses

Chasing profitability can feel like a losing battle for many businesses. What I see most in clients and potential clients is that they haven’t built a long-term financial strategy for their businesses. Instead they’re just trying to make it the next closest milestone by doing so they are in a constant state of barely getting their head above water. In this post, I’ll walk you through why most businesses struggle with profitability and what you can consider in your business to get you on track to be a profitable & thriving business.

Our Services:

• ​Fractional CFO Guidance
• ​Expert Financial Due Diligence for Small Business Buyers​
• ​Finance Fight Club Community ​
• Coming soon: Bookkeeping clean-up, Financial Prep for sellers

In Case you missed it...

• ​The Ultimate Guide to Due Diligence When Buying a Small Business​
• ​From Corporate Finance to CFO Services: Natalie Cook's Entrepreneurial Journey​

Natalie's Favorite things

• ​FOLK.app << simple CRM
• ​Rippling << Payroll, PEO, Expense Management, etc...
• ​Financial Accountability Checklist & other freebies
• ​Personal Money Market by Betterment​
• ​Plooto for Automated Payments​

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