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548. Managing and Reducing Business Debt: Strategies for Financial Freedom
Manage episode 447250486 series 3012675
Annette Ferguson द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Annette Ferguson या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
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/
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