How To Properly Manage Your Money In Business – 3 Thrifty Ways (Ep. #40)

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In this video, I’m going to share with you the 3 WAYS on how to properly manage your money in business!

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Fibo Lim has built a following of over half a million entrepreneurs in the Philippines by helping them acquire red-hot prospects in social media, convert them into paying customers using an automated sales process, and generate sales 24/7 predictably & consistently.
He leads a community of sales professionals & entrepreneurs helping them grow their businesses online without chasing prospects, being judged, and experiencing rejection.
Fibo Lim is recognized as one of the most sought-after marketing consultants in the Philippines & a living legend in internet marketing.

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About:

In this video, I’m going to share with you the 3 WAYS on how to properly manage your money in business.

[1] SEPARATE YOURSELF AND THE BUSINESS.
– As a business owner, you and your business must be a separate entity especially its finances.

Meaning, your business finances are for business purposes while your personal finances should be separated.

[2] MANAGE COSTS.
– Most operational costs are regular – meaning, the amount can be fixed or easily estimated, and they come in a specific time frame whether monthly, yearly and so on.

Costs, therefore, are easy to monitor and manage.

[3] SET ASIDE FOR GROWTH.
– Setting aside for your business itself not only makes sure that your business survives, this money set aside makes sure that it thrives.

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Make sure you comment on what part had the biggest impact on you. 👇 Enjoy

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