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549. Financial Mistakes Small Business Owners Make (And How to Avoid Them)04 Nov 202400:07:34

In this episode, I break down the most common financial mistakes small business owners make—and how to fix them. From cash flow management to pricing strategies and tax planning, this episode will help you avoid costly errors and set your business up for long-term success.

What You’ll Learn:

• The importance of cash flow forecasting and keeping personal and business finances separate.

• Why underpricing can hurt your business and how to price your services based on value.

• How to create a budget that helps you track expenses and meet long-term financial goals.

• Key tax planning tips to avoid year-end surprises.

Resources Mentioned:


• FREE Financial Mistakes Prevention Toolkit https://www.annetteandco.co.uk/financial-mistakes-prevention-toolkit/

• The Profit Plan (Kindle Book 77p) https://www.annetteandco.co.uk/ppbook



Connect with Me:

- Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247

- Instagram: https://www.instagram.com/annettefergs/

- LinkedIn: https://www.linkedin.com/in/annettefergusonuk/

- Website: https://www.annetteandco.co.uk/

548. Managing and Reducing Business Debt: Strategies for Financial Freedom28 Oct 202400:11:02

In this episode, I explore practical strategies to manage and reduce business debt.

Learn the difference between good and bad debt, how to assess your current debt situation, and the best methods to reduce debt while improving your cash flow.

What You’ll Learn:

• How to differentiate between good debt and bad debt.

• How to assess your current debt and prioritise repayment.

• Strategies to reduce debt, including the debt snowball and debt avalanche methods.

• Tips for improving cash flow to pay off debt faster.

• Long-term strategies to avoid falling into debt again.


Resources Mentioned:


Business Debt Reduction Toolkit (Free Download) https://www.annetteandco.co.uk/business-debt-reduction-toolkit/


Connect with Me:

- Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247

- Instagram: https://www.instagram.com/annettefergs/

- LinkedIn: https://www.linkedin.com/in/annettefergusonuk/

- Website: https://www.annetteandco.co.uk/

My favourite motto14 Apr 202300:09:19

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 head on over to https://www.annetteandco.co.uk/want-our-emails/.

 


Connect with Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Balancing Ethics and High Performance with Dana Pharant07 Mar 202200:29:38

Being a high achiever does not only equate to being a success in a particular career or a business.  It can also mean that you have overcome the challenges of the mental and emotional side of things. 

In this episode, Annette had a very enlightening discussion with Dana Pharant, the creator of  'The Inner Dominatrix' mindset,  concerning about having ethics and high performance working side by side to create a sustainable business. Dana Pharant helps women entrepreneurs to be high achievers and take their businesses to an entirely new level of success.

Here are a few insights you’ll hear in today’s show…

  • What does high performance actually mean?
  • How do we balance ethics against performance?
  • Making incremental shifts as opposed to massive changes.
  • What is the best way to match your actions with different areas of your business?
  • The mental and emotional side of the business sometimes gets in the way of making the right decisions.
  • What can business owners do to get away with the emotional attachments with their hires who are no longer the right fit for the business? 
  • Some types of pushbacks Dana gets when facilitating deeper conversations. 

Where to Connect with Dana Pharant: 

Website - https://danapharant.com/

LinkedIn - https://www.linkedin.com/in/danapharant/

Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

How to Decide When to Delegate your Tasks?04 Mar 202200:13:11

Sometimes business owners equate the success of their business when they already have some number of team members. However, we must bear in mind that hiring is an expense. Will your hiring be revenue generating after the first two months after hiring?

Business owners have to consider so many factors before hiring someone to delegate some tasks, so that they can concentrate on growing their business. This episode will be an eye-opener especially for start-up businesses.

  

Here are a few insights you’ll hear in today’s show…

  • Annette's own experience in delegation in her 10 plus years in the business.
  • How are you able to determine when you will be able to delegate?
  • Annette's recommendation as to the steps to follow in knowing when to delegate.
  • How do you pay the person that you will hire?

Resources:

The book, The Profit Plan by Annette Ferguson

https://www.amazon.co.uk/Profit-Plan-Science-Predictable-ebook/dp/B09JTZ1QLK

Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Cash Strategy that Saved My Business28 Feb 202200:14:12

For most sole entrepreneurs, structuring the cash in your business for salaries for the team, operational expenses, etc takes priority and there's little left over for your take-home pay. Yes, revenue comes in, but there is no proper money and cash management method implemented so that you as a business owner get to have the profit first. Take it from Annette, who was like this for five years but things changed around when she learned the basic premise of Profit First.

Here are a few insights you’ll hear in today’s show…

  • Background on how Annette reinvented her business.
  • What did Profit First open Annette's eyes to?
  • The two important methods that every business needs.

Resources:

Book - Profit First by Mike Michalowicz

https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making-ebook/dp/B01HCGYTH4


Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Chasing Happiness Depends Entirely on You with Crystal Steers25 Feb 202200:42:34

The topic for this episode is an interesting one, because who in this world doesn't want to be happy?  We all desire to have that inner happiness, to be able to do what we really want, without having to depend on the perspective of happiness from others. 

Our guest today is the founder of Chasing Happiness and known as the Happiness Guru, Crystal Steers.  She is now growing a community of people looking to increase their own happiness and help others to do the same. By listening to this episode, you will strengthen your conviction to get your happiness on your own terms.

Here are a few insights you’ll hear in today’s show…

  • Crystal Steers' realization of what she really wanted to do in her life and what she has to do to be happy.
  • There is no such thing as instant gratification.
  • Crystal's advice for people who are stuck with responsibilities and have no time to pursue their own happiness.
  • What can business owners do when they are feeling overwhelmed, especially when they are solo entrepreneurs?
  • Finding that moment to reassess, to stop, take a break, to reset or take some form of meditation.
  • Why is gratitude important?
  • Three important words to live by, whether personally or professionally.
  • The problem with the ‘tunnel vision focus’, the thing about I am only this thing.

Where to Connect with Crystal Steers: 

Website - http://www.chasinghappiness.ca/

Instagram- @chasinghappiness.ca

Facebook - https://www.facebook.com/chasinghappinessdotca/


Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

A Simple Money Mindset Exercise21 Feb 202200:15:18

Sometimes the money mindset thoughts that we have comes from other people, how we were raised and the family’s beliefs about money.  Some of these thoughts are negative and they create a big impact now in our lives.  This is the time to identify which of these thoughts we still want, whether they still serve us or if they are outdated, so we don't keep making money mistakes.

Here are a few insights you’ll hear in today’s show…

  • Spring cleaning of our money thoughts.  (...What do we keep and what do we get rid of?)
  • How do we identify the thoughts we have about money?
  • Three important questions to ask yourself about the  money thoughts that are lingering in your mind.
  • How do other people's money thoughts influence our own thinking about money?

Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Bringing Back Ethics in Your Business with Tammy Johnston18 Feb 202200:34:22

Remaining true to good business ethics seems to be a struggle for some people who like to get ahead by duping other people. There is nothing wrong with being vulnerable, it is completely acceptable to show yourself as a human. We all have our mess in some way or the other and admitting to such flaws makes people resonate with you and with that, will be attracted to you more than being a fraud. 

In today’s episode, Annette will talk to one kick ass lady, Tammy Johnston, the lady behind KSA Business (which by the way, the acronym stands for Kick Some Ass) on the topic of good business ethics. She is a speaker, educator, an author and her passion is helping better entrepreneurs to build a better world. 

Here are a few insights you’ll hear in today’s show…

  • Thoughts on irritating unsolicited and cold calling DMs.
  • Some dishonest business practices that are happening online that go against good business ethics.
  • The importance of being honest about how you promote your business.
  • How do business owners put back the right ethics in the business?

Resources:

Brené Brown’s TedTalk on “The Power of Vulnerability” 

https://www.ted.com/talks/brene_brown_the_power_of_vulnerability

Free download of the Solopreneur Self-Assessment - https://ksabusiness.ca/gift/


Where to Connect with Tammy Johnston

Website - https://ksabusiness.ca/

Facebook - https://www.facebook.com/ksabusiness.ca

Instagram - @ksa.business



Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Finding Out What Your Money Archetypes Are with Isabelle Izard14 Feb 202200:28:52

We all look at money in different ways and this becomes our default whenever we make decisions about money in relation to our personal lives, career, and business.  It is really important to know what our ruling money archetypes are so that if it does not serve as well, we can bring forward some other archetypes that will be helpful in our situation. 

A very interesting conversation here of Annette with Isabelle Izard, an expert business money coach who helps highly intuitive, conscious, heart-centered women to free themselves from trauma and mind blocks. This is a must listen episode!

Here are a few insights you’ll hear in today’s show…

  • Why should a business owner consider writing and publishing a book?
  • How does Isabelle incorporate the book birthing with the money archetype works that she does?
  • The eight different money archetypes and how people with these types approach money.
  • Are we able to purposefully change what our ruling money archetypes are or will it be leaning to the natural default?
  • How to find what archetypes are you?

Resources:

Sacred Money Archetypes Quiz - https://birthyourbusiness.uk/quiz/

Where to Connect with Isabelle Izard:

Website - https://www.joyousjourneys.uk/

Facebook - https://www.facebook.com/joyousjourneysuk

Instagram - @joyousjourneysuk

Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

How to Go Beyond the Invisible Glass Ceiling and Not Slide Back with Swanette Kuntze11 Feb 202200:32:41

In today’s live episode, you will gain clarity on why certain patterns of failure keep on happening repeatedly in our lives. I think most of us have felt some kind of frustration, even anger when we are almost there on the ladder of success, yet we slide down and back to square one.

Swanette Kuntze, an Intuitive Consultant, Holistic Coach, Energy Healer, and International Speaker, speaks with Annette Ferguson on the underlying root cause of the ‘Upper Limit Problem’ and what strategies to take so that it won’t affect business leaders and solopreneurs to achieve their potential.

Here are a few insights you’ll hear in today’s show…

  • What is the meaning of the terminology ‘upper limit problem’ and what causes it?
  • Are there patterns identifiable to the upper limit problems?
  • How does a person sort out the patterns of the upper limit problems so that they will not happen again?  
  • What strategies do you use to identify the triggers, beliefs, and thoughts that are present in your life? 
  • Are there certain kinds of blocking beliefs that hinder the growth of a company?
  • How do we flip it to the positive side and set new affirmations?
  • How do we not repeat the same things we write in our 'Gratitude Journal?

Resources:

Free gift from Swanette Kuntze - “6-Steps to Clarify Your Life Vision" Meditation https://bit.ly/3dAcjk1

Where to Connect with Swanette Kuntze:

Website: https://www.spiritual-changemaker.com/

Facebook - www.facebook.com/SwanetteKuntze

Instagram - @swanetteKuntze 

LinkedIn - https://www.linkedin.com/in/swanette-kuntze-7027b6a2/


Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Overcoming Traumas That Manifest as Business Flaws with Tatiana Vilarea07 Feb 202200:31:10

We would generally think trauma is a result of a traumatic experience, e.g. being abused, or witnessing a fatal car accident. But trauma, according to Tatiana Vilarea, a hypnotherapy specialist, is an experience in the body and what is happening in our  neurological pathways.  

Annette spoke with Tatiana Vilarea, who provided interesting insight into her own inner conflicts and mental blocks from the genetic imprint of trauma in her life. She was literally her own first client. We all have that impostor syndrome, patterns of comparisons or fear of rejection at some points in our life and we need to take action for healing as a part of our business strategy in order to succeed.

Here are a few insights you’ll hear in today’s show…

  • The two groups of entrepreneurs and the problems that go with each in relation to handling the business.
  • What is really trauma and what causes it?
  • How do we identify if we have trauma that is impacting us in our business?
  • What kind of work does Tatiana do to help people with trauma?
  • Why does therapy sometimes take years and years before the trauma can be healed?
  • Where do people start when they notice the symptoms of emotional wounds and the trauma?
  • How does transgenerational trauma actually happen? 

Resources:

Signs of Inner Child Wounding and Childhood Trauma

https://www.facebook.com/watch/?v=2730622547242202&ref=sharing

Inner Child Healing for Your Professional and Personal Success

https://www.facebook.com/tatianavilareahypnotherapy/videos/335259081788524

Where to Connect with Tatiana Vilarea

Facebook - https://www.facebook.com/tatianavilareahypnotherapy/

Website  - https://www.tatianavilarea.com/



Connect to Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

The Gender Pay Gap and What Women Can Do About It with Emma Clayton04 Feb 202200:34:44

There is still a big percentage of women trapped in the patriarchal system and money blocks. So they tend to put in more work and more hours than men have to for the same results. They play themselves small and fearful of what others may say. 

In this conversation of Annette with Emma Clayton, they talked about the entrepreneurial gender pay gap and the narratives that women tell themselves. Emma is a business strategist and she helps self-employed women create their own wildly successful businesses and pricing themselves up according to the value that they put out.

Here are a few insights you’ll hear in today’s show…

  • Why is there a 43% entrepreneurial gender pay gap?
  • The difference between the gender pay gap and equal pay.
  • How should women position themselves in the market and up their prices? 
  • The money blocks and narratives that women are telling themselves.
  • What kind of fears do women have around pricing and having a business?
  • Why do women need to push back on the patriarchal system, and find a support system that will lift them up?

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Emma Clayton:

Website

Instagram - @emmaclaytonstrategist

LinkedIn

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Become Obsessed With Eliminating Bottlenecks in Your Business. Hint: That Might Be You10 Apr 202300:07:15

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 of bottlenecks that can occur in any area of your business?
  • What are the four steps to identify bottlenecks in your business?
  • How do you eliminate those bottlenecks so that you can grow and scale your business? 
  • Why does the owner themselves become the bottleneck of the business?



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 head on over to https://www.annetteandco.co.uk/want-our-emails/.

 


Connect with Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Leading your Business with Personal Branding with Louise Booth31 Jan 202200:28:00

If you look at the personal branding of Gary Vaynerchuk and the corporate branding of VaynerMedia,  you will see that the personal branding is leading the business rather than the corporate. We see that coming of age and personal branding is gaining momentum because it’s all about reputation. Reaching out, building trust and establishing connections is equal to business growth. 

Louise Booth, a leading personal brand expert expounds on the importance of personal branding for business in her conversation with Annette.  As a business owner, you will need to ultimately learn how to build your credibility by putting yourself out there and not hiding from your corporate branding. 

Here are a few insights you’ll hear in today’s show…

  • What is branding?
  • How do you give clarity to what you want to be known for as a business owner?
  • What is the proven formula to put across your brand and build connections?
  • Why is it important for people to have their personal branding out there?
  • Is video an essential part of building your personal brand?
  • How can you fuse the business and the personal brand together?
  • How do you put out your content as your value proposition on different social platforms?

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Louise Booth:

Website

LinkedIn

Facebook

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

How to Incorporate Fitness in Your Busy Schedule with Alix Hubble28 Jan 202200:28:18

More often than not, when we are faced with so many good things that you think you’ve got to do, you end up not doing it all.  This attitude encapsulates what most of us feel when thinking about fitness and nutrition, especially when we are busy in business and our family life.  

In this episode, you will learn how to embark on a fitness and good one step at a time that can bring you amazing results. Hear it straight from Fitness Coach Alix Hubble, the Holistic Core Restore® Coach of the year for 2020, as she and Annette discuss how to incorporate fitness in our busy schedules. 

Here are a few insights you’ll hear in today’s show…

  • When you are in business and have a family, how can you incorporate fitness into your day?
  • The time factor in getting yourself fit, though short, can still get amazing results.
  • What does fitness have to do with running a business and productivity?
  • Tips on how to eat well when you're rushing around in your busy life.

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Alix Hubble:

Website

Instagram - @alix_chickfit 

Facebook

Podcast - The Busy Woman’s Guide to Fitness & Wellness Podcast

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Get Organized in Just 2 Steps with Abigail Langridge24 Jan 202200:29:55

When we are doubling up as business owners and as family person, we sometimes forget to think about our own well-being. It takes a toll on our mental and physical health and instead of being productive, we tend to create an imbalance in our professional and personal lives. What if we can outsource and get the support from a PA to do some personal stuff for us, such as organizing events, planning birthdays and anniversaries to sourcing out gifts?  That would be really nice, isn’t it? 

In this episode, Annette had a wonderful conversation with Abigail Langridge,  known as the online Mary Poppins, where she helps career women outsource their personal lives so they can focus on themselves, their family & career.  This is a must-listen episode.   

Here are a few insights you’ll hear in today’s show…

  • The importance of time blocking and giving time for yourself.
  • Instead of having a "To Do List", why not have a "You List"? (...Put yourself first.)
  • What are the things that you can do to deal with overwhelm?
  • How do you establish boundaries when you return home from work and allow other family members to take on some minor responsibilities?
  • What does Abigail do in her role as an online Poppins PAs, supporting people in their private and professional lives?

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Abigail Langridge:

Free download on how you can outsource to a Lifestyle VA and take you through HOW to braindump

LinkedIn

Website

Facebook

Instagram

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Situational Leadership and Becoming Adaptable with Evan Tzivanakis21 Jan 202200:30:50

Leadership styles have changed dramatically from the beginning of the pandemic through the present because of the need to adapt. The challenges that were brought about by the pandemic have brought business and leaders proved to be overwhelming and bring a lot of stress. 

These and so much more will be the topic of the conversation between Annette and her guest, Evan Tzivanakis.  Evan is called Asia's Premier Executive Coach and he helps build strong and cohesive leadership even with employees working remotely. Learn more leadership strategies that you can adapt to your business, which by the way can be applied to your personal life, as well.   

Here are a few insights you’ll hear in today’s show…

  • What does it mean to be a leader in a business these days?
  • How can we cope or navigate as leaders without feeling burned out or overwhelmed?
  • What is situational leadership?
  • Does a leader who changes leadership styles for every situation cease to be genuine and become unpredictable?
  • What are the four parameters of a leadership model?
  • Performance Reviews are a thing of the past. 

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Where to Connect with Evan Tzivanakis:

LinkedIn

Website

Intensive Experiential Learning Programs

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

How to Price Your Services as a Small Business20 Jan 202200:18:23

What do you think your customers or clients should be happy to pay for your services?

Of course, it must be at a price level that will provide them utmost value.  Pricing your services is sometimes a scary proposition because you need to know the different factors that are available to be able to price your services. You also need to consider your profitability in order to continue providing the services to your clients. Pricing and profitability goes hand in hand.  

Here are a few insights you’ll hear in today’s show…

  • The customer-centric strategy of value-based pricing methods.
  • How do you know what your customers or clients are willing to pay?
  • Other basis or information to consider when people are making value-based decisions to choose your services.
  • Advantages and disadvantages of value-based pricing.
  • An exercise that can help you determine your value pricing.

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Human Survival - Do we Fight, Flight or Freeze with Paul Wilson14 Jan 202200:51:38

No matter if you listen to this episode live or on a replay, you'll find a lot of value in listening to this.  In this episode, Annette had a wonderful conversation with Paul Wilson, a Mindset Coach who calls himself the Baggage Handler. 

Sometimes all those inner voices that are nagging us, is the way that our brain is trying to protect us from things that had happened in the past. It is a misplaced help and all we have to do is think of the outcome when we do FIGHT, FLIGHT or FREEZE. As you delve into the conversation, you will hear great advice on how to deal with overwhelm, fear of failure, fear of success, getting criticized, feelings of being unworthy, etc. Enjoy! 

Here are a few insights you’ll hear in today’s show…

  • What kind of tough baggage do business owners experience? (...What do the 3Ps in the Devil’s Triangle represent?)
  • Why do we have the symptoms of Imposter’s Syndrome messing around in our head? (...What causes those?) 
  • Paul's personal anecdote when preparing for a presentation some time in 2001 and how that experience hampered his career for quite some time?
  • What can you do to overcome fear and overwhelm?
  • How much time do you need to make life-changing decisions?
  • What are the steps that you can do when stuck with overwhelm and surrounded by negativity?
  • What can a business owner do when recruiting people to work for them? 

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Paul Wilson: 

Website

Facebook

LinkedIn

Instagram

Twitter

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Creating a Vision of Life in Business with Michala Leyland13 Jan 202200:37:25

What a wonderful way to start the year and to have the lovely Performance and Mindset coach, Michala Leyland with us.  Michala specializes in energy management, performance coaching and training to ensure productivity, profitability and the avoidance of burnout, especially for purpose-driven women.  

You will be gathering precious nuggets of insights on how to create a vision that will propel you to create your dream life, whether on a personal or business level. Michala’s concept of vision is something that is actionable, not necessarily perfect but has that energetic focus of what is important in your life. 

Here are a few insights you’ll hear in today’s show…

  • Introduction of the guest in this Facebook Live session, Michala Leyland  
  • Why is it important to make vision as your starting point? 
  • Annette's personal experience in pretending or not showing that she has a life.
  • The unconscious bias and/or mental conditioning that suggests women are not more focused on carrying the load of a higher position.
  • Strategies that you can do to hold on to your vision during trying times and not letting yourself be railroaded?
  • Michala’s recommendation on how to create a Vision-In-Action Board, how much of it are material or experiential?
  • The five sage powers that can help you access positive energy.
  • How often do we update our Vision-In-Action boards?

Resources: 

Be Clear and rise Vision-In-Action Board Workshop January 14, 2022

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Michala Leyland:

Website

Facebook

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Building a Legacy of Multi-generational Wealth With Carl Allen03 Jan 202200:30:32

Carl has been an entrepreneur, investor, and corporate dealmaker for more than 330 transactions valued at close to $48 billion. In his nearly 30 years of experience, Carl has examined 1000s of businesses big and small in 17 different countries in nearly every sector of business.

Currently, Carl is regarded as one of the world's premier experts on purchasing and financing small businesses and helps 1000s of entrepreneurs all over the world to buy existing profitable small businesses that will immediately put money in their pockets.

Here are a few insights you’ll hear in today’s show…

  • What does is it mean to Build a Legacy of Multi-generational Wealth?
  • Find out about Carl Allen's background.
  • How do we define the type of business we seek to acquire?
  • The value of buying a business.
  • Buying a business: the decision-making process.
  • Why should you buy a business?
  • Your responsibilities as a business owner.
  • The steps Carl takes when he buys a business.

Resources:

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Carl Allen:

Website

Facebook

Twitter

Instagram

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Position Your Mindset and Start Manifesting With Daniel Mangena31 Dec 202100:28:39

Meditation has been over-hyped over the years and has been said to work wonders to our mental health. But what if a known motivational speaker tells you to stop meditating? Will you stop? The thing is, meditation has been misused over time and people who have been meditating for hours in a day, still don't get the results they want. 

We are going to talk about meditation, manifesting, the unconscious mind and more, with our guest in today’s episode of Uncover Wealth Radio. Our guest, money game-changer, Daniel Mangena is a motivational speaker and an author. One of his best-selling books is “Money Game: A Wealth Manifestation Guide. Level Up Your Mindset Step-By-Step & Create An Abundant Life”.  Daniel helps people overcome adversity and live a purpose-driven life. 

Listen, learn and enjoy!

Here are a few insights you’ll hear in today’s show…
  • What really is the meaning of stop meditating?
  • How do we figure out what works for us? What are the signs that something is working for us?
  • What is the difference between manifesting what we desire and taking action to achieve our results? 
  • How do you create a change in yourself?
  • How do we get to the place that our unconscious mind believes we want to be?
  • What is the money game?

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Daniel Mangena:

Website

Instagram: @dreamerceo

Twitter:@dreamerCEO

Books:

Stepping Beyond Intention

Money Game: A Wealth Manifestation Guide. Level Up Your Mindset Step-By-Step & Create An Abundant Life

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Leveraging Service-Based Businesses Through Podcast Guesting with Jessica Rhodes27 Dec 202100:21:00

Podcast. Anyone who owns a smartphone may have heard about it already. It’s the new age radio; episodic content that is made available in the form of downloadable audio files that are easily accessible anytime, anywhere. In this article of podcast guesting with Jessica Rhodes.

Podcast listening has become increasingly popular in recent years. Podcast has been an effective way to disseminate information as well as share tidbits of wisdom to particular niches without imposing too much on people’s schedules. After all, they can access and listen to these episodes anywhere – while doing their makeup, commuting to work, out having brunch, or going for a run. Having said that; it is also a great way for businesses to connect with their markets on a fundamental level.

Here are a few insights you’ll hear in today’s show…
  • What Is Podcast Guesting?
  • Why Not Run Your Own Podcast?
  • How Can You Become A Podcast Guest?
  • When Can You Expect A Return From Podcast Guesting?
  • Pitfalls Of Podcast Strategy

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Pricing and the cost of living crisis07 Apr 202300:18:33

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 highlighted the importance of value-based pricing, even during tighter economic times, and suggests an exercise to help businesses understand the value they deliver and how it links to price.

Finally, find out the importance of being transparent with pricing and communicating any price increases to customers or clients.

Overall, this episode provides practical tips and strategies for navigating the cost of living crisis in a business, ensuring profitability, and delivering value to customers and clients.

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 head on over to https://www.annetteandco.co.uk/want-our-emails/.

 

Connect with Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Rekindle the Passion and Excitement for Your Business With Jeff Chastain24 Dec 202100:23:02

When people start on their business, there is excitement, they have all the energy and they have new ideas they want to implement, but give it some years down the road, they realize it isn’t fun anymore. There are people issues, control issues and what have you, and suddenly they lose traction, they lose focus.  

In this episode, we are going to talk about how to rekindle the passion and excitement for your business and what a better way to do this is to talk to the main guy, the professional EOS Implementer, Jeff Chastain. Jeff is the founder and CEO of Admentus, Inc., a company designed to help entrepreneurial business leadership teams to get more of what they want for their business.

Listen, learn and enjoy!

Here are a few insights you’ll hear in today’s show…
  • What are some of the struggles that are common among business owners? 
  • What is defining core vision and what is going to be the core focus to get past the roadblocks?
  • What is the importance of having a coach and an implementer in a business? 
  • How can EOS Implementation help a business in terms of pulling them back to focus on their 90-Day Plan?
  • Who should be involved in creating that vision for the business?   

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Jeff Chastain:

Website

Resources Section, where you can : download the first chapter of Traction for free

Email: hello@admentus.com

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Profit First for Growing Businesses With Mike Michalowicz20 Dec 202100:19:19

Is the power of your reputation what makes you money? If so, then how do we build it and maintain its worth?

Mike says that the more you sell, the greater responsibility it is in your organization. 

Do you believe this to be true?

Enjoy Listening!

Here are a few insights you’ll hear in today’s show… 

  • How to review your spending and find ways to save.
  • Reverse engineer your expenses so they work in your favor.
  • Using the envelope method to track income/expenses.

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Mike Michalowicz:

Website

Facebook Page

Instagram

Twitter

Youtube

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Secrets to Success: Three Great Tips13 Dec 202100:05:58

Being a successful business owner depends on many factors. It is important to have an efficient business process partnered with incredible dedication and passion. Your business and you will not survive without success.

In this episode, Annette Ferguson will share with you the THREE essential secrets of success and she will provide the guidance you need to accomplish your goals for your business. 

Stay tuned and enjoy the learning!

Here are a few insights you’ll hear in today’s show… 

  • The THREE incredibly important secrets to success. 
  • Why cash is king? 
  • How can Profit First help you manage your cash flow effectively?

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Are Christmas Party Expenses Tax Deductible?06 Dec 202100:03:32

Is there a way to allow your employees to enjoy themselves without having to spend too much? Of course, the answer is a big YES! I mean, your employees definitely deserve it. In addition to thanking them for their work during the year, this is the perfect opportunity to publicly recognize what your team has accomplished over the past year.

In this episode, I will share these three factors that should be taken into consideration to ensure your Christmas party can be deducted from corporation tax.

Stay tuned and enjoy the learning!

Here are a few insights you’ll hear in today’s show… 

  • The three criteria to consider to make sure that your Christmas party is allowable deduction against corporation tax.

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

The Profit Plan - Kindle Launch02 Dec 202100:16:15

The Profit Plan is the exact steps that I took in my business, it's the exact steps that we take in our clients' businesses, and it is what has absolutely transformed my business. It's not only changed my life but it’s also changed the lives of my family and my children.

We can get that highly profitable business, we can increase our take-home, and we can do that, without the hustle and the push of driving revenue, that is not what this book is about, it is about increasing profit with the business you have currently.

We are already in the top 50 for Finance (Kindle) Books on Amazon… As well as in the top 10 for Professional Budgeting and for Budget and Finance Management. 

Make sure you get your copy whilst it's still at 77p!! 

Here are a few insights you’ll hear in today’s show…  

  • What is Profit Plan?
  • Get a sneak peek at the newly launched book; The Profit Plan: The Science Of Predictable Profit Kindle Edition

Resources: 

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Why Comparison is Critical to Success?29 Nov 202100:06:03

It is okay to draw inspiration from the work of others but don’t do it from a place of comparison and envy. Some business owners, particularly startups, often look sideways to look at competitors or those that started at the same time they started their business, but what good does that bring? 

In this episode of the Financial and Lifestyle Freedom podcast, you will know why the comparison is going to be detrimental to your business.  It would be better to block your sideways vision by wearing blinders to stay focused. What do we mean by that? 

Stay tuned and enjoy the learning!

Here are a few insights you’ll hear in today’s show…  

  • What is comparisonitis? 
  • Why does comparison cripple your business, preventing you from progressing?

Resources:

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

When Profit First Does Not Work22 Nov 202100:05:02

Profit First is a revolutionary cash management system that when implemented will result in a healthy and more profitable business. It is recommended for all, but there are some instances that Profit First will not work and Annette Ferguson, in this pilot episode of the Financial and Lifestyle Freedom podcast, has the answer to that.

Annette Ferguson is the CEO of Annette & Co., also a Chartered Accountant, Certified Profit First Professional and a Financial Strategist. She will help you understand your business finances and  help you take home more money from your business.

Listen to this podcast and learn how you can reap the financial rewards of your business. Enjoy!

Here are a few insights you’ll hear in today’s show… 

  • What is Profit First?
  • Some instances where Profit First will not work for some businesses.

Resources:

Profit First Book - Core Chapters (free)

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Why I created Financial and Lifestyle Freedom for UK Business Owners17 Nov 202100:02:32

We are now signing off from Uncover Wealth Radio...

But don't worry!

We will not be terminating this podcast, but changing its name to Financial and Lifestyle Freedom for UK Business Owners.

Join me for this newly redesigned podcast and I will guide you on how to run your business effectively and stress-free. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • Why are we switching to Financial and Lifestyle Freedom for UK Business Owner?
  • A sneak peek of the transformation of the podcast Uncover Wealth Radio. 

Resources:

Order The Profit Plan E-book

Book a call

Profit First Checklist

PF for UK biz

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Access to Your Information08 Nov 202100:06:54

When you have access to the information on all parts of your business, you’ll be able to view things from a bird's eye view. You can also improve the ways in which you communicate with your target market, optimize your website to improve the user experience, and much more. In essence, having access to all the tools you need in your business puts you in control. 

In this episode, we will talk about the reason why you should have access to all kinds of information in your business. Moreover, I’ll explain to you the things that you can do as a business owner. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The importance of having access to all kinds of information in your business.
  • The three important things you should know about when you have access to all kinds of information in your business. 

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube


Consistency VS Relentlessness05 Nov 202100:05:48

Consistency and relentlessness. I have met a lot of business owners who believe that these two things are synonymous. They always thought that for you to become consistent, you also need to become relentless. As soon as I explain the difference, their perspective changes.

Throughout this episode, I will share the difference between consistency and relentlessness and discuss ways to be consistent without being burned out especially when you are starting to produce your own content.  

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • Highly effective tips on how you can be consistent without being relentless.
  • The importance of choosing your freedom when it comes to producing your content. 

Resources:

www.digitalmarketingforaccountants.co.uk/free-weekly-social-media-checklist

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

3 Shifts to Move From 5 to 6 Figures03 Apr 202300:07:38

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 Business to a 6-figure One

  • Shift #1 - From Doing to delegating - Why is there a need to delegate as the business grows?
  • Shift #2 - Moving from reactive to proactive - What is the difference between the reactive and proactive approach?
  • Shift #3 - Moving from transactional to relationship-based approach - Why is it important to consider a long-term relationship with customers and clients? 




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 head on over to https://www.annetteandco.co.uk/want-our-emails/.

 



Connect with Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Why is Bartering Bad?01 Nov 202100:08:05

Bartering has been around since 6000 BC. It was introduced by Mesopotamian tribes and adopted by the Phoenicians. 

Bartering is based on a simple concept: Two individuals negotiate to determine the relative value of their goods and services and offer them to one another in an even exchange. It is the oldest form of commerce, dating back to a time before hard currency even existed.

The question is, is it still relevant today? As a business owner, are you still be able to make a profit through bartering? For me, the answer is NO. In this episode, I will explain why bartering doesn't make sense in the current economic climate. Regardless of the size of your business or industry, cash is "KING", and cash is the most important element of your business' cash flow. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The meaning of bartering.
  • The reasons why bartering is ineffective for business owners.
  • Bartering vs Cash

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube


Pricing for Profitability29 Oct 202100:11:06

In pricing, costing plays a critical role to ensure all expenses are covered and determines a price that ensures profitability. It is incredibly important to know all the costs your products or services will incur. 

Aside from determining the costs, the value of your products and services is also vital. In this episode, I will share with you how to effectively calculate your pricing based on the costs as well as the value of the service or product you are providing.

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The benefits of periodically reviewing your pricing.
  • How to baseline your pricing.
  • How to calculate your price based on your value.
  • When should you review your pricing?

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube


Methods of Pricing25 Oct 202100:11:16

Price plays a crucial role in defining the value of your product or service so you can make it and make it worth it for customers. In order to make a profit and encourage your customers or clients to use your products or services, an effective pricing method is extremely important.

Throughout this episode, I will share with you the three effective pricing strategies, their pros and cons, and the most recommended method that I personally use. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The Cost-Plus Pricing.
  • The Competition-Based Pricing. 
  • The Value-Based Pricing. 

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

A Client for Every Price22 Oct 202100:09:19

Many of us are aware that products and services vary in prices, but still, they are being bought by clients at the price point that these products and services were set at.  There will always be an ideal client who is willing to pay the price you set as long as they see the value in it, as long as they understand that what they paid was for an experience that they have enjoyed. 

This episode will reframe your mindset about what price you can sell or charge, and about what you can't charge for your services.

Enjoy!

Here are a few insights you’ll hear in today’s show…
  • A look into the comparative pricing for a product and services. 
  • Who is your ideal client?

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Push and Pause Seasons of Business18 Oct 202100:09:10

Taking breaks allows your brain and body to get the necessary recharge it needs to keep going. This short pause can actually help reboot your brain to be more tuned in. Taking a pause can reduce or prevent stress. It helps to maintain performance throughout the day and reduces the need for a long recovery. 

Here are a few insights you’ll hear in today’s show… 
  • When is Push Season?
  • When should you Pause?
  • Why do we need to pause?

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Refund Requests: How Do You Handle Them?15 Oct 202100:08:32

Refunds will be an inevitable part of your business. It can be really frustrating, but it is normal. As an entrepreneur, you would naturally want to avoid refunds as much as possible. Do so, without being rude or unreasonable.

Customers have different reasons for requesting a refund. It could be because they ordered the wrong product, or they decided the product wasn't right for them or didn’t measure their expectations. Sometimes they would request their money back because they never got the product they ordered. Of course, there would be instances of credit card fraud of which your customer could either be a perpetrator or a victim.

Regardless of their reasons, you will have to deal with their refund request. Worry not! Throughout this episode, I will share with you some highly effective tips on how to handle refund requests. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The importance of knowing your own T’s&C’s when it comes to refunding requests.
  • How our emotions can affect our decisions in providing a refund.
  • How to handle refund requests claiming "I have been misled.".

Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

Is It Profitable to Hire Family or Friends?11 Oct 202100:09:06

By hiring your friends or your family members, your business environment might be adversely affected by having a colleague who knows something about your personal life. You might also lose the ability to separate work life from personal life. On the other hand, hiring your friends or family members has the greatest advantage that you already know them well and are able to work with them much more efficiently than others you might otherwise hire. 

Obviously, it has its pros and cons. No need to worry! Throughout this episode, I will guide you through the effective tips and tricks when it comes to hiring your family or friends and making them profitable. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The FOUR important and highly effective tips when hiring your friends or family members.


Connect with Annette Ferguson:

Website

Podcast

Instagram

Facebook Page

Youtube

6 Things You Should Always Have In Your Diary08 Oct 202100:09:25

The benefits of keeping a diary can vary from seeing your progress on a more minute level to reminding yourself of the goals you achieve, even when things seem frustrating. The task of keeping a work diary usually takes no more than ten minutes at the end of each day, but many small business owners forget to record some important information.

Throughout this episode, I will guide you through some important things that you should always have in your diary and the reasons why they are incredibly important.

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The importance of setting up a diary.
  • Some things that most business owners often forget.
  • The SIX effective things you should always have in your diary. 

Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_ 

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA



Timestamps:


0:00 - Introduction

0:40 - The first thing that you should always have in your diary: Blocking out sections of time in your diary to do certain tasks.

2:37 - The second thing that you should always have in your diary: Lunch

3:36 - The third thing that you should always have in your diary: Dealing with emails

4:28 - The fourth thing that you should always have in your diary: Reviewing or Planning Time

5:33 - The fifth thing that you should always have in your diary: Review your numbers

6:23 - The sixth thing that you should always have in your diary: Recording time or content production time


Planning and Modeling on Team Growth04 Oct 202100:08:28

Hiring the right team member is extremely crucial. A person who isn't the right fit for your business can be costly, wasteful, and time consuming. On the other hand, acquiring the right people increases employee productivity, fosters a successful employment relationship, and can contribute to a positive work environment.


In this episode, I will share some tips and tricks on how to onboard the right person, the importance of your data as well as profit planning. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • How Profit Planning affects the planning and modeling on team growth. 
  • The importance of understanding all the data in your business.
  • How to maintain the number of your team members.
  • Why should every team member deliver a positive bottom line.

Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Monthly Planning01 Oct 202100:10:13

A clearly defined business plan from day one will keep you focused on the key goals for your business and will guide your day-to-day operations and decisions. As business owners, we can prepare for the future by identifying the impact we would like our company to have on the world and finding a way to attain it.

Moreover, planning is not just about your business. You need to plan your time off too as a business owner. As I spoke about in the preceding episode, pushing and hustling will not bring business success. You will just end up resenting your business and may result in stress that can lead to all sorts of health problems. 

My mission in this episode is to share with you how I effectively do my monthly planning and how you can do the same for your business. As I always say, we need to build a business that supports our life and not the other way around. I’ll explain to you how.

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • My monthly planning process.
  • The importance of planning for your time off.
  • How to build a business that supports your life.

Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

The Hardest Lesson I’ve Had to Learn as a Business Owner31 Mar 202300:14:06

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 spent in order to be more efficient and effective in your business.

However, Annette's biggest lesson came from understanding the importance of cash management. She discusses how for years, she thought that revenue growth would solve her business's financial problems. But it wasn't until she read the book "Profit First" and implemented its strategies that things changed for her. Annette realized that focusing on profitability and cash management was key to getting more money home from her business.

Annette concludes by encouraging her audience to read "Profit First" and to focus on cash management regularly in their businesses. She also announces that next week's topic will be on pricing and the cost of living in a crisis.

Overall, Annette's insights provide valuable lessons for small business owners on the importance of taking responsibility for their businesses, time management, and cash management.

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 head on over to https://www.annetteandco.co.uk/want-our-emails/.

 


Connect with Annette Ferguson:

Facebook - https://www.facebook.com/UKAnnetteFerguson/

Instagram - https://www.instagram.com/annetteandco_/

YouTube - https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Listen to the Podcast - Financial and Lifestyle Freedom for UK Business Owners -

https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522

Not Just Tracking Your Own Data27 Sep 202100:07:46

Your business success is directly related to how you track all the data available around you. In the absence of tracking, the business owner does not know what works and what does not work and will end up missing some golden opportunities without them knowing. Depending on your business industry, the methods of how you track your data may differ but will show the same incredible results. 

One thing that most business owners often forget is that serving your customers and clients is not a one-way street. In order to increase your profitability, you also need to get some feedback, gather all the data around them, collect it, and devise an action plan that will yield an incredible result.


How do I gather the data? What action plan and method should I do? Is it applicable to my business industry? What are the benefits of doing so? All of those questions will be answered in this episode. 


Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The benefits of gathering all the data around your business.
  • The process of tracking data based on your particular industry.
  • Double win! The incredible result when tracking your customers and clients data.


Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Resources:

Business Wealth Academy: https://www.businesswealth.co.uk/bwa-waitinglist

7 Ways to Increase Profit24 Sep 202100:08:29

When you set up your business, your primary goal is to earn profit. In addition to providing cash flow & finance, earning good profits is also the best way to keep the lights on in your business. 

I’ve got you covered! In this episode, I’ll share with you the “SEVEN” highly effective ways to uncover the hidden gems in your business. By increasing your profit means that you will have “MORE” lots of money for your business and your family to enjoy. 

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 
  • The seven ultra-effective ways to uncover the hidden profit in your business.

Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA

Resources:

How to Get Rid of Money Leaks in 2 Hours - Proven Exercise! - https://www.youtube.com/watch?v=tKDmRApyrww


What is a Lifestyle Business?20 Sep 202100:07:58

With a lifestyle business, you'll be able to work and live more responsibly--it's the ultimate work-life balance. By establishing one, you will not end up with burnout and resentment because you are able to pursue your passion and what you truly desire while earning a good amount of money. As a lifestyle business owner, you have the ability to control almost all aspects of the business. Freedom is the central theme of most advantages.

In this episode, I will share with you the true meaning of what a lifestyle business is, debunk some myths and common misconceptions, and how to choose the right investors or clients for your business.  

Enjoy listening!    

Here are a few insights you’ll hear in today’s show… 

- Lifestyle business in it’s truest sense. 

-Myths about lifestyle businesses.

- The viewpoint of some clients or investors on lifestyle businesses.


Connect with Annette Ferguson:

Website: https://annetteandco.co.uk/

Twitter and Instagram: @annetteandco_

Youtube: https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA


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