Ep #20 Tools & Techniques for Real-Time Expense Management
Manage episode 447466820 series 3475591
Controlling operating expenses is crucial for maintaining financial health in business. Hosts Keshelle, Dr. Sharmane, and Sheree discuss the common pitfalls of expense tracking, especially among women business owners, and emphasize the importance of viewing expenses as essential to operations.
They provide insights on categorizing expenses, the significance of tracking all costs, and the ideal expense margin of 30-35% of revenue.
Listeners are encouraged to adopt a disciplined approach to expense management and regularly review their financial health.
Tune in to take control of your expenses and strengthen your path to sustainable success.
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