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The Hustle presents - My First Million. A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
WIP 948 #Replay Money Managing for Wholesaling - Chris Arnold ft. Larry White
Manage episode 328128715 series 2391406
Por Chris Arnold descoberto pelo Player FM e nossa comunidade - Os direitos autorais são de propriedade do editor, não do Player FM, e o áudio é transmitido diretamente de seus servidores. Toque no botão Assinar para acompanhar as atualizações no Player FM, ou copie a feed URL em outros aplicativos de podcast.
Are you managing money in your wholesale business? Are you keeping track of your KPI's correctly? Well today, Chris Arnold has special guest Larry White to discuss the money side of wholesaling. Larry has some great tactics that will help you be more effective in terms of money management.
Key Takeaways
- CPA bookkeepers handle the numbers so your business can run efficiently.
- Cash is oxygen for your business.
- Keep 3 to 6 months of cash available for your business.
- Breakdown of how your business revenue should be used to cover marketing, payroll, etc.
- The major KPI you need to focus on and why they're important.
- Your CPA will help you plan for success.
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