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Happy Valentine's Day, Priscilla
Yup, it's Valentine's Day. Whether you're cozying up with your significant other, sharing love with your furry friends, or simply embracing your own awesomeness, there's always a reason to celebrate - especially when we're halfway through the longest shortest month: February.
This month, let's talk about something as vital to our business as love is to Valentine's Day: Cash Flow. It's a topic we discuss year-round, but it can feel particularly challenging during the winter months. With projects on hold due to weather, sluggish client payments, or a lack of snow (or nature's gold), it's no wonder cash feels tighter than Cupid's bow right now.
But fear not! Instead of burying your head under the covers (trust me, I've been there), let's take proactive steps to weather the storm. Schedule meetings with your trusted advisors - your accountant, financial advisor, banker, and business coach. We're here to guide you through these tough times and smooth out the rollercoaster ride that is your bank account balance.
The most valuable advice I can offer any contracting business owner is this: Learn your numbers and understand your financial reports. If this feels like uncharted territory for you, don't worry - you're not alone, and I've got your back.
Remember, just like love, cash flow requires attention, nurturing, and sometimes a little extra care. Let's navigate this together and emerge stronger than ever.
Sending you all my warmest wishes this Valentine's Day!
Your Partner in Success -
Priscilla Hansen Mahoney
Business Coach for Contractors
Blazing Trails Coaching
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Here's some NEWS you can use!
Networking:
02.15.24 - 5-7pm -Home Builders & Remodelers February Meetup - Cowbell - 185 US Rt 1, Scarborough
03.08.24 - AGC Family Hockey Night
03.27.24 - March Tours & Pours w/ PROPEL – Turner Construction’s Maine Medical Center Project
Education:
Crew-U - Contact Blazing Trails Coaching to bring Crew-U to a classroom near you!
Check out the Educational Programs offered through the Associated General Contractors of Maine
Wisdom:
Building Financial Love: Managing Cash Flow in Your Contracting Business
Navigating the Coaching Landscape: Choosing a Business Coach Wisely
Support:
Home Builders and Remodelers Advisory Groups - DEMO MEETING 2/21/24 3-5PM- REGISTER HERE
Institute for Family Owned Business Next Gen Affinity Groups - Open enrollment
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