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Business Financial Model For Success

by Brad Sheppard (B.Ed (Phys.Ed))

Business Financial Model For Success Does money burn a hole in your pocket?

Are you an expert at making $50 notes disappear?

One topic that is hot on the lips of many personal trainers is the question of how to be manage their finances.

Being in business can sometimes be very confusing. There's the ABN, ACN, GST, PAYG and all sorts of funky abbreviations that really send your brain into a spin!

So to cut some of the confusion out, we will give you a basic business financial model that we use successfully within our company.

Let's say you collected $110. We will show you how that $110 is allocated:

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You can see that using this model will give you great disciple and the ability to track and measure exactly where your money is going to be allocated.

You can also see that taking $110 can give you a wage of only $26!

This may not seem so encouraging at first, however when you realise that you will also saving that same amount ($26) that can be poured into an investment that can make you even more money like an investment property or a share portfolio - that's where the real excitement comes!

If you do the numbers of earning $110,000, then you can see that you will have $26,000 to be invested!

Make sure you stay disciplined and stick to your game plan!

Brad Sheppard B.Ed (Phys.Ed)
Fitness Australia REPS Council member and Queensland Fitness Professional of the Year title winner; Brad is the co-founder of Create PT Wealth a business building program for Personal Trainers. To be one of the lucky 27 readers of this article to receive a FREE ticket to the next Create PT Wealth 2-Day Business Bootcamp (Valued at $597) simply click this link www.CreatePTwealth.com.au/gymlink and complete your details, it's that easy!



 
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