Episode 48 :: Sarah’s 3-Step Financial Decision Making Process
Decisions as easy as 1-2-3!(Video + closed caption available on YouTube)If your goal is to create a sustainable business that minimizes risk and grows profitably, and you're considering a big purchase, a long term investment or expense, taking on debt or maybe opening a line of credit, this three step process is designed for you!
Whether you’re in the midst of making a big financial decision, or want to prepare for the next one that will inevitably come your way, we’ve got you covered! Owning and operating a Good Food business comes with an endless number of decisions that need to be made each day. Among them, big financial decisions cause the most stress, and the most regret if things don’t pan out how you hoped.
In this episode I share my three step financial decision making process:
Remember your business objectives
Determine if the investment will move you closer to your business objectives
Consider the 2nd order consequences of your decision
mentions
Building a Successful Business on Your Own Terms with Katie Mleziva: Ep. 23
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