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238: Always Keep Your Overhead Costs Low (Key Take-Away)

We all know that in building a career you need clients to earn income so you can make a good living…

But have you thought about all of the expenses you accumulate when first starting or growing a business?

If you haven’t it’s important to consider your overhead bills that come in each month whether you have clients or not…

And since we want to make sure you start off strong and not put yourself into a hole you need to climb out of we are going to share with you the best ways to reduce your overhead costs…

Tune into today’s Integrative #HealthCoachSuccess podcast 238 for all the details – Enjoy the show and let us know what you thought in the comments!

Audio Podcast

Video Podcast

Show Highlights & Big Takeaways

1. Tally Your Costs

Find out what all of your costs are that are unique to your business. Right them down and then tally the total. This is your fixed overhead.

2. Find Your Growth Costs

Your growth costs are only associated with seeing clients. This means that for every appointment or as you grow you may incur additional costs. Find out this total as well..

3. Discover Your Break Even Analysis

If you charge $180 per client per month how many clients would it take to break even to cover your overhead and any additional expenses? Anything over that should be profit before taxes or personal discretionary income.