Osteobiz Recession Proof Tip 5 - Finances

You can still grow during a recession, but you need to tighten up your finances. Join Gilly for recession-proof tip number five as she explains how you can audit your finances and remove and non-essential costs that aren’t adding new patients and more revenue to your business. Clinic not working perfectly? Book a free chat with Gilly to find out how to fix it! bit.ly/osteobizchat KEY TAKEAWAYS  When in a recession we need to audit our finances and only keep what is essential to keep our business growing. For example, marketing costs are vital as it keeps you front of mind in your community and drives patients to your clinic. Tighten up your finances and be circumspect about what you invest your money in. Be careful you’re not spending all of your income on learning, courses and education because whilst important you need to focus your finances on what is going to grow your business today. If you’re spending money on enhancing your skills which will lead to more patients and a service that your competitors don’t offer then it’s a worthwhile investment.  BEST MOMENTS “Tighten up your finances and go through everything on your bank statement.”“Please don't spend all of your money on stuff that isn't vital for right now. Just be a little bit cautious.”“Look at everything and get rid of anything that isn't vital to running or growing your clinic at the moment.“You can still grow during a recession.”  VALUABLE RESOURCESThe Osteobiz mastermindwww.osteobiz.as.me/consultationwww.osteobiz.com CONTACT METHODhttps://www.instagram.com/gillywoodhouse/[email protected]://business.facebook.com/Osteobiz/ABOUT THE HOSTSince 2013, Gilly Woodhouse has been inspiring and developing Osteopaths, other healthcare professionals and their clinics. With a wealth of entrepreneurial skills gained over a lifetime of creating businesses from scratch both in the UK and abroad, Gilly shares these experiences as well as illustrating how her clients have vastly improved their practices by streamlining operations and improving their marketing skills. The Osteobiz team of six now comprises Osteopath clinic owners or members of an Osteo family and together support over 100 worldwide clinic owners.Topics covered are marketing, operations, team management, legacy and exit strategy, operating procedures, gold standard patient care, tech support, boundaries and so much more.     This show was brought to you by Progressive Media