Your Wright Resource has revealed their new advisory program, Business Financial Fitness Technique that’s built for small business owners to have a financial plan, ensure systematic growth and profits by teaching financial literacy principles using the Profit First methodology. The program has helped real estate investors, consultants, coaches, and tech professionals. It is suited for any small business owners having issues managing cash flow, and feeling like there is never enough money in the business to run the operations. The program is designed to eradicate entrepreneurial poverty.
Through a monthly session of one-on-one coaching and planning, Your Wright Resource provides their clients with a deep dive into their business. The program builds a business growth strategy which manages expenses, provides clarity of the financial picture, business trends, and more. With the Business Financial Fitness Technique, clients will have access to a system with multiple data points that track cash flow, profits, future milestones, and other pertinent data.
The Business Financial Fitness Technique isn’t one size fits all: Your Wright Resource designs an individualized plan for each client that comes with guidelines for which metrics should be prioritized depending on the size of the business. Your Wright Resource’s goal is to extend beyond traditional services by assisting them in building a solid financial foundation. By teaching healthy financial habits, owners will be able to handle the fluctuating states of business without the stress that they once had from inadvertently mismanaging funds.
The program teaches financial literacy because most business owners are not trained in business management therefore, it is not always clear which steps to take. Commonly, owners have poor practices around managing money for their personal salaries, taxes, payroll, and more. This is generally because new business owners must learn that their income is sporadic and isn’t as reliable as a paycheck from their previous career. Very often, if their mindset towards money does not shift, they may be bankrupt before they reach their goals.
The Business Financial Fitness Technique teaches many principles such as the importance of consistently saving money for costs that help the business function, but also recognizing how to increase efficiency and lower costs when possible. Your Wright Resource helps owners identify specific business operations that aren’t working and why.
Many times clients arrive at Your Wright Resources after already having spent business monies on unnecessary items. These items are not necessary to business operations and are not available when truly needed. Most likely, this is due to not having a plan. The program reminds clients that celebrating wins and purchasing gifts is acceptable if it’s reasonably budgeted.
Business Financial Fitness Technique is paid with a one time flat rate, but it can also be financed with a monthly subscription if the business owner prefers that option. The program is an investment that pays long term because its strategies and continued support ease the burden of scaling, managing, and sustaining a business. Your Wright Resource can help businesses at any stage of their entrepreneurial journey and have several other services available on their website.
Media Contact:
Name: Christanne Wright
Email: [email protected]
