Financial Increase in Your Business
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Transcript of Financial Increase in Your Business
Basic Principles• Increase always follows order • God, Family and then business • Keep things simple as possible • Structure your priorities • Understand there is a spiritual part &
natural part
Success in Any Business• Seek God’s Direction • Create a plan • Get Mentor or get new knowledge you
currently don’t have • Daily and consistent action of the plan • Review Weekly, Monthly, Quarterly &
Yearly
Assessment of Business• What do I need to stop doing? • What do I need to continue doing? • What do I need to start doing?
Two Ways to Have Increase• Increase Revenue • Decrease Expenses • So what do you need to do in your
business to increase revenue or decrease expenses
• What are the how to’s you need to do increase revenue or decrease expenses
Positioning for Increase• Have a plan for how you make money • Revenue Model • Profit Goals • Pricing with purpose
Positioning for IncreaseHave a plan for what to spend & when to
spend money in your business
• Must be strategic and on purpose • Always know where you are in your budget • Use Breakeven analysis to determine ROI • Prioritize to see what needs to be done first • Don’t spend using emotion
Positioning for Increase
Have a plan for what to spend & when to
spend money in your business
• Invest in systems, hiring, technology, spend money where you will receive ROI
• Example – Marketing
Positioning for Increase
Have a plan to manage money
• Good steward over what you have • Be faithful by managing the numbers (do not be
afraid to look at your numbers) • Have systems to monitor and track
Creating Increase Save Money
• Save for repairs • Save for reinvestment • Save for Growth • Save for giving in the Kingdom • Save for the unexpected • Save for education – seminars, etc
Creating Increase How we grow our money
• Are we leveraging our money? • Is your money working for you? • What vehicles are you using to grow your money?
Creating IncreaseGiving/Tithes/First Fruits
• Sow up/sow in good ground • Ask God the who, what, when
Creating Increase• What principles can you apply in your business to
have increase • How will you prepare for increase in your
business? • What are some other things that can cause or help
you to have increase in your business? • What are some practical things you can do on a
daily basis to have increase?