In getting the proverbial light and delivering your owners comp and profit to your business, it is important that you thoroughly examine if there are money leaks in your expenditures. 
Day 3 of the sprint in implementing Profit First in your business, I talked about money leaks and how it is absolutely great to allocate your time to find, assess and eliminate money leaks in your business. Here I will teach you an exercise that needs to be done on a regular basis because businesses change over time. 
If you are listening to this on a replay, you can still send in your comments and questions and mention “replay” and I will still go over your comments and questions. 


Here are a few insights you’ll hear in today’s show…
- What is a money leak and why is it important to assess regularly if there is, in your business?
- In doing the money leaks exercise, what are the things that need to be done? (...What are the questions you need to ask yourself with regards to expenses?)
- What other things that you need to put on a lens, as well, that can be eliminated or eliminated?
- The homework and why it is important to do the task?
- The benefits of examining the costs and operating expenses in your business. (...An example of a subscription that needs to be canceled.)


Resources:
- If you're interested in joining this sprint or catch up with the live sessions, join https://www.facebook.com/groups/915326342418247 (here)


Connect to Annette Ferguson:
-https://www.facebook.com/UKAnnetteFerguson/ ( Facebook)
-https://www.instagram.com/annetteandco_/ ( Instagram)
-https://www.youtube.com/channel/UCkohh_X-4R5mKfEW9rBQ1qA ( YouTube)
- Listen to the Podcast - https://podcasts.apple.com/gb/podcast/financial-and-lifestyle-freedom-for-uk-business-owners/id1473582522 (Financial and Lifestyle Freedom for UK Business Owners)