S4 EP02 How To Make Money During A Recession

I'd love to hear from you 'text the show'Season 4: Money, Pricing, Profit, and Paying YourselfWelcome to this episode of the treat, your business podcast, I am really excited to bring you this episode because we're going to be talking about something that's really relevant right now. If you're listening to it, as it goes live, we are apparently according to the media in the middle of a recession or an economic crisis. So I want to talk to you about how we can ensure that we are (a) still here at the end of this challenging period, because it will end and we will come out the other side of it. And (b) how we can make sure that you are going to actually make money as we pass through this this challenging time. In todays episode the key discussion points are:Introduction to today’s episode. Why you need to understand your margins.The importance of reoccurring income over one-off events. The biggest safety net you can give yourself.What does it really cost you to see a patient in your business? What would be good for you to work out? Are your prices making you any money? Or do you have to go through a price rise? Why price rises must be dictated by your margins.Treat Your Business podcast is proudly sponsored by Klatch: Results-driven marketing built for healthcare companies. Unlock sustainable growth and maximise ROI with data-driven digital marketing tailored to your business, backed by patient tracking software from search to revenue.Find out more at https://www.klatch.co.uk Resources & Links:Subscribe to our Channel on Youtube: https://www.youtube.com/@thrivebizcoach?sub_confirmation=1Website: https://Thrive-businesscoaching.com