Today felt like a long overdue reunion. Debbie and I have known each other for years, but it’s been a while since we’ve seen each other, so we had a lot to catch up on.
Debbie Page, is a business coach for women, and her specialty is helping them keep more of the money they make. Thank goodness! Usually it’s all about generating more sales. Sales are good, but how you manage your money as a business owner determines how long you will be in business, and how well you can serve your clients.
Debbie shared 2 great tips, and “syndromes” that she sees all too often:
Ostrich Syndrome: Not paying attention to your cash flow and expenses. The numbers tell a story that is vital to your business. However all too often we ignore them, hoping that it will all work itself out. Not the best business strategy.
Doing It All Yourself Syndrome: In a well meaning attempt to run “lean” we often take on too much. And too much that isn’t part of our skill set. Spending hours trying to balance your books or revamp your website if that isn’t your specialty is costing you far more than you realize. It’s time that could be better spent doing whatever it is that you do best.
If you run your own business, spending some time with Debbie would be well worth your while. These are all things that are easy to see in others, but difficult to see for ourselves. Having someone else walk you through the process, can save you a great deal of time, money and frustration.
Great business coaching aside, Debbie had some of the best 425 tips ever!
Medina Park is an off leash dog park before 9am. Awesome!
The QFC on NE 8th has a wine and beer bar inside. Seriously? Grocery shopping just got so much better.
And on the real estate end of things, we talked numbers today as well. When selling a home, clients often want to know what they should to do increase the sales price.
The important thing to know is that there is increasing your sales price and increasing the net dollars that come to you. In theory they go together, but not always.
Case in point, carpet and paint return on average $5 for every dollar spent. They are well worth the investment when selling your home.
Updating your kitchens and baths, though, might only bring in 80 cents on the dollar. So you will sell for more, but you probably won’t net more. Leave those tasks to the new homeowner. They can pick exactly what they want, and you can save yourself the money and hassle.
As always, if you have questions about real estate, please feel free to reach out. firstname.lastname@example.org