A Debt Free Business Leads to More Profits

  EPISODE 193 of The Local Small Business Coach Podcast   A Debt Free Business Leads to More Profits In today's episode: Don't be too quick to hop into debt to grow your business. While the new debt might allow you that new truck, tools or some other need, it comes with a cost. You just increased your expenses and start the month in the hole. It should be the exception, not the rule to use debt to grow the business. There are ways for you grow your business by using your retained earnings instead. It is the safer route. When you tweak those processes, you will come up with money as well. Let's discuss further.   ~~~~ The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in take-home pay. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.   HELPFUL LINKS   Thinking of Getting a Coach? Check out my work with me page Join the Badass Local Small Business Owners Facebook Group! Leave a Question for the Show: Ask a Question Website/Training Materials  Become a Founding Member of Our Upcoming Membership Site – Click for More Info Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business Get your free Business Health Check PDF     Follow me on Twitter @tadams4u   AFFILIATE LINKS Don't Forget to Check Out The PROFIT FIRST BOOK! ·         My Recommended Bookkeeping Program for Local Small Business Owners: Freshbooks Link Build a Website with BlueHost Get a FREE Audiobook! Take your Business Books on the Road with You!   CLICK to GET YOUR FREE AUDIOBOOK     WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams