))
548. Managing and Reducing Business Debt: Strategies for Financial Freedom
Manage episode 447250486 series 3012675
Content provided by Annette Ferguson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Annette Ferguson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode, I explore practical strategies to manage and reduce business debt.
Learn the difference between good and bad debt, how to assess your current debt situation, and the best methods to reduce debt while improving your cash flow.
What You’ll Learn:
• How to differentiate between good debt and bad debt.
• How to assess your current debt and prioritise repayment.
• Strategies to reduce debt, including the debt snowball and debt avalanche methods.
• Tips for improving cash flow to pay off debt faster.
• Long-term strategies to avoid falling into debt again.
Resources Mentioned:
• Business Debt Reduction Toolkit (Free Download) https://www.annetteandco.co.uk/business-debt-reduction-toolkit/
Connect with Me:
- Profit First UK Facebook Group: https://www.facebook.com/groups/915326342418247
- Instagram: https://www.instagram.com/annettefergs/
- LinkedIn: https://www.linkedin.com/in/annettefergusonuk/
- Website: https://www.annetteandco.co.uk/
488 episodes
Share
