Tuesday 031125

Warm-Up

Create a list of your current business expenses and income sources for the next quarter. Get organized so you’re ready for deep analysis.

Skillwork (10 minutes)

Financial Literacy

Spend 10 minutes learning the basics of financial forecasting for small businesses. Focus on the key terms and principles to apply to your own finances.

WOD

Heavy Day

Deep dive into your business finances for the next 90 days.

Time Cap: 60 minutes

Scaled: Review your monthly income and expenses.

RX: Go over your profits and losses, and analyze trends.

RX+: Create a 90-day budget forecast with projected income, expenses, and growth targets. Focus on areas to trim costs and maximize revenue.

Intent:

This WOD challenges you to dig deep into your business finances and understand where you stand financially. The intent here is to give you a clear view of your business health and help you make informed decisions moving forward. By focusing on the long-term, you’re building a strong financial foundation that will allow your business to grow sustainably.

The stimulus is a focus on clarity and organization, ensuring that every financial aspect is aligned with your goals and needs.

Coach’s Note:

The goal here is to build confidence and clarity in managing business finances. Scaled focuses on a basic review, just enough to get the ball rolling. RX is for those who want a deeper analysis, while RX+ challenges you to plan ahead with a 90-day forecast

Look at the bigger picture and keep it simple, this WOD isn’t about perfection, it’s about getting into a habit of financial review.