My Morning Routine
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
As a business owner and a mother of two, my morning routine has to involve my family. I value family time, so I'm always there to help my children get ready for school and eat breakfast together. I've tried the "get up at 5 am and get your day done by 11" routine, but it's not sustainable for me. It's crucial to design a morning routine in the context of one's family and how one wants their family to operate. I usually start my workday after my children leave for school. I review my calendar and have a daily huddle meeting with my team. Sometimes, I exercise in the morning, but it's not a regu ..read more
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My favourite motto
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
Today's episode is about my favourite motto: trust your gut and understand the data. I explain the importance of both trusting your intuition and analyzing data when making business decisions. Resources: If you’re struggling to understand the accounting for your business, reach out to Annette at podcast@annetteandco.co.uk and join our Facebook group https://www.facebook.com/groups/915326342418247.  To know more about financial and lifestyle freedom and if you wish to receive updates on all the workshops that will help you increase your profitability and freedom from your business, just he ..read more
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Pricing and the cost of living crisis
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
In this episode, I discussed the current economic climate of slow wage growth and high inflation leading to the cost of living crisis situation. You will hear how this impacts businesses and why it is essential to understand the situation even if you are in a B2B environment. I suggested ways to navigate pricing and revenue strategy in a declining economy, such as cost-cutting, reducing waste, and streamlining processes to be more efficient with operations. Additionally, you will learn to assess the value stack and different pricing points to provide options for price-sensitive buyers. I highl ..read more
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The Hardest Lesson I’ve Had to Learn as a Business Owner
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
In this episode of from a Facebook Live, Annette shares her insights on the hardest lesson she had to learn as a small business owner. She discusses her experiences with hiring and firing, time management, and the importance of cash management in a business. Annette explains that while she struggled with hiring and firing, she learned that ultimately, the buck stops with the business owner. She emphasizes the importance of taking responsibility for your business in order to achieve success. She also stresses the importance of time management, setting boundaries, and analyzing how your time is ..read more
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What I’ve invested in to Grow my business (and what have been money leaks in hindsight)
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
Today's podcast is from a Facebook live where Annette Ferguson discusses her experiences with investments and money leaks in her business journey. She shares the good and bad choices she's made and offers valuable advice to help others avoid making the same mistakes. Money leaks in business investments: a. Investing in complicated CRM systems that are not suitable for the stage of the business b. Spending money on branding too early in the business journey c. Investing in multiple programs and courses at the same time without proper implementation d. Being a member of multiple memberships sim ..read more
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[Facebook Live] My Morning Routine
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
As a business owner and a mother of two, my morning routine has to involve my family. I value family time, so I'm always there to help my children get ready for school and eat breakfast together. I've tried the "get up at 5 am and get your day done by 11" routine, but it's not sustainable for me. It's crucial to design a morning routine in the context of one's family and how one wants their family to operate. I usually start my workday after my children leave for school. I review my calendar and have a daily huddle meeting with my team. Sometimes, I exercise in the morning, but it's not a regu ..read more
Visit website
How to Understand if Trade Debtors Are Damaging Your Business
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
Simply having numerous customers who owe significant debts does not necessarily equate to a successful business. In fact, it can be detrimental, particularly to the cash flow. Therefore, although offering credit to customers can be beneficial, small business owners should understand the potential negative impact that trade debtors may have on the company's stability. Here are a few insights you’ll hear in today’s show… Steps to manage trade debtors: 1st Step - Understand your payment terms - What are payment terms and how it can affect your cash flow? 2nd Step - Send out invoices on time.&nbs ..read more
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[Facebook Live] My favourite motto
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
Today's episode is about my favourite motto: trust your gut and understand the data. I explain the importance of both trusting your intuition and analyzing data when making business decisions. Resources: If you’re struggling to understand the accounting for your business, reach out to Annette at podcast@annetteandco.co.uk and join our Facebook group https://www.facebook.com/groups/915326342418247.  To know more about financial and lifestyle freedom and if you wish to receive updates on all the workshops that will help you increase your profitability and freedom from your business, just h ..read more
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Become Obsessed With Eliminating Bottlenecks in Your Business. Hint: That Might Be You
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
There are several bottlenecks business owners face and need to overcome in order to scale and grow their business to successful fruition.  It is often said that some business owners themselves are the bottleneck of their business.  That is why it is important to look into yourself and see what’s hindering you from unclogging the bottlenecks in your business.  A business owner needs to be open to feedback because being at the center of the business may mean not seeing what’s in the hindsight.   Here are a few insights you’ll hear in today’s show… What are some examples ..read more
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3 Shifts to Move From 5 to 6 Figures
Financial and Lifestyle Freedom for UK Business Owners
by Annette Ferguson
1y ago
It is a common struggle for most small business owners to move up from the five-figure to six-figure revenue in their business and oftentimes, they can’t seem to move out of a revenue plateau being experienced in their business.  As business owners you need to be able to pivot and shift in order to create space to move up the next level.  Listen to this episode and learn from Annette the three shifts necessary to create the needle mover in your business.       Here are a few insights you’ll hear in today’s show… Three Shifts to Move from a 5-figure Busi ..read more
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