WIP 1676: Why Your Balance Sheet Is Killing Your Business (And How to Fix It)

Wholesaling Inc with Brent Daniels

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13d ago 11:35

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A messy balance sheet can silently kill your business, no matter how much revenue you're bringing in. In this episode, Todd Toback shares the key steps to getting your finances in order—what a healthy balance sheet looks like, the three essential reports you need to review, and why hiring a bookkeeper is a game-changer.

He also covers how to automate cash flow, eliminate recurring credit card debt, and use joint venture partnerships to strengthen your financial position. If you want to build a business that thrives, not just survives, this episode is a must-listen!

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Show notes:

(0:48) Beginning of today’s episode
(1:05) What a healthy balance sheet look like
(2:17) Operate like you operate now
(2:44) Get a bookkeeper
(4:00) Three reports that you need to checkout
(5:31) Put an automatic transfer to your bank through your personal account
(6:50) Put the half of your 100k in your personal bank account and the other half in a tax account
(7:56) Get rid of all recurring credit card debt
(8:50) Get a joint venture partner

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Resources:

www.nolimitsalesystem.com
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