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The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs
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Episode 19 - How to Balance Liquidity and Profit For a Small Business
Manage episode 385073792 series 3470762
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Do you, your friend or your family member know a store that seemed to be doing well but suddenly closed shop?
Did you wonder why they closed up as you had noticed they were busy?
Did you wish they hadn’t closed up as they were your go-to place for certain needs?
Imagine if you could help that your favourite store supposing things were in your control.
Well, you don’t have to imagine it; I’m on a mission to unpack how you can help if you were in charge. In this episode, I’m going to show what can help and why I believe it can help.
The solution, from my perspective, is "How to balance liquidity and profit. Is there a trade-off and why should you care how this impact your small business?"
Take a listen.
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