What is financial business coaching?
Financial business coaching enables small business owners to understand their finances, define monetary goals and create an actionable strategy, to facilitate growth in their business.
As your qualified coaches we will use our extensive financial experience and specific knowledge in the creative and wellness industries to support, challenge and guide you.
- Do you struggle to stay on top of your finances alongside running your business?
- Feel like you are working really hard but not seeing the financial reward?
- Worry about how to manage your money and optimise its use?
- Stress out about taxes every time they come around?
- Have your personal and business finances co-mingled?
- Have aspirations to grow your business but no business strategy?
If these resonated with you then our financial business coaching programme is for you.
Financial Business Coaching Programme
Our financial business coaching programme will provide the tools, resources and action plan to overcome your current challenges and achieve your monetary goals. Our programmes can be tailored to your needs, so whether you want one module or all of the modules we can help you and your business achieve your financial goals.
1. Understanding you and your business
- Who are you and what do you do?
- What products or services do you offer?
- Who do you serve?
- How long have you been in business?
- What are your intentions for the business?
2. Accounts 101
- What are financial business accounts?
- How to interpret and understand business accounts
- What is record keeping and why is it important?
- How your financial data can drive your business decisions
- Best practice to maintaining accurate financial records
3. Money mindset and limiting beliefs
- What is money mindset and limiting beliefs?
- Understanding your money mindset and limiting beliefs
- How does your money mindset impact your business?
- Discuss strategies to overcome challenges arising from your money mindset
- Create an actionable plan to master your money mindset
4. Financial pricing strategy
- What is a financial pricing strategy?
- What is your overall earnings goal?
- How do different products and services contribute to business profits?
- Which clients add most value to your business?
- Create an action plan to leverage the optimum product or service offering
5. Managing your money
- What is a budget and how to create one
- What is cash flow and why it is crucial to your business
- How best to reinvest business profits
- Optimising the extraction of profits from business to business owner
- Options available to maximise personal wealth
6. Operations
- Understanding your current business processes
- What operational challenges does your business face
- Review availability of outsourcing or subcontracting business functions
- Review availability of softwares to streamline business processes
- Create a streamlined operational plan
7. Financial business plan
Using the insights, learnings and actions from the earlier modules, create a detailed, considered financial business plan to facilitate growth. As your financial coaches we will provide ongoing support, accountability and resources to implement your plan as the business evolves and develops.
