So you consider your business to be a small business?
You don't need a financial strategy?
We are here to let you know that even small businesses will benefit from a financial strategy.
First of all, every big business once started a small business.
Strategic financial management is more than just about numbers, it is about aligning your current financial and operational resources and current capabilities with your long-term goals. This includes:
Planning - forecasting revenues, setting budgets, anticipating what your future financial needs may be for your business growth.
Allocating - making sure your resources - whether that's people, money, or tech, are directed towards those opportunities/investments/income streams that will give you the highest return.
Monitoring - regularly reviewing and adjusting your financial strategies based on current and future needs of the business.
Risk - if the past few years have shown us anything it's that things can be turned upside down in a heartbeat. A financial and operational risk assessment is so important for a business of any size.
Evaluating - assessing your past performance to give you insights that you can act on. This can highlight strengths that you can use to your advantage and weaknesses that need to be addressed, therefore allowing you to refine your future strategy.
It sounds like the work of a big business.... but it's really not. Your small business will benefit so much by you looking at these areas.
🌐 www.anthonydoty.com
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How to Gain Real Wealth & Peace of Mind 🌟 #shorts
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Budget friendly self care swaps! This is so needed for me today 🧘🏻♀️☕️🧖🏼♀️
🌐 www.anthonydoty.com
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If you HAD to pick one... which would it be?!
🌐 www.anthonydoty.com
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Hey, everyone! I want to share a personal story with you that taught me some important lessons about credit and financial management. 😬
Recently, I lost $23,000 in available credit overnight with the X1 Card. Waking up to find out that a massive portion of my credit limit had disappeared was a shock, to say the least! This sudden reduction really got me thinking about how credit limits can impact our financial health—especially when we least expect it.
💳 What Happened:
The X1 Card issuer decided to lower my limit without warning, likely due to changes in my credit score or spending patterns. While it didn’t leave me with a major financial issue, it did have an immediate impact on my credit utilization, which can affect my credit score if not managed properly.
⚠️ Why It Matters:
Credit limit reductions like this can catch you off guard, especially if you rely heavily on one card. It’s a reminder to always monitor your credit and be prepared for changes.
💡 What You Can Do to ...
Hey WealthWithDoty family, I wanted to share my incredible journey with you all. Before meeting Holly, I was struggling with multiple businesses and no clear direction. But thanks to her amazing coaching and the AIM methodology, I've transformed my approach and regained my focus.
Check out video here:
If you're feeling stuck or need guidance, I highly recommend connecting with Holly. She can make a real difference in your journey, just like she did in mine! 🙌
🔗 Connect with Holly > https://Links.Anthonydoty.com/s/Holly
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Which of these financial tips do you apply?
🌐 www.anthonydoty.com
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