437: 5 Reasons You Need a Retainer Biz
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix
Natalie Eckdahl
4.8 • 630 Ratings
🗓️ 17 September 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
Wouldn’t it be exciting to know how much money is coming into your business for the next 6 months?
In today's episode, I share why offering a retainer is such a great way to create financial stability and predictable income in your business. Let me walk you through what exactly a retainer is, what type of businesses it is best for, and why you need to offer this kind of arrangement to your clients.
Ready to find out if a retainer offer is a good fit for you and your business?
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This episode was first published at BizChix.com/437. Subscribe to our sister podcast, Stacking Your Team, on your podcast app or at BizChix.com/category/team.
Transcript
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| 0:00.0 | imagine if you knew how much money was going to come into your business in the next six months. |
| 0:06.7 | A great way to create stability in your business is to create a retainer offer. Today, I'm sharing |
| 0:13.0 | five reasons why this is a great idea, how it helps your clients, plus a few bonus tips as well. |
| 0:24.1 | Before we dive in, may I welcome you to the BizChicks podcast, which has been supporting |
| 0:29.4 | women entrepreneurs since 2014. |
| 0:32.3 | I'm your host, Natalie Eckdahl. |
| 0:34.4 | I'm a business strategist, fan of label makers, out-of-the-box thinker, author, |
| 0:39.6 | speaker, mama, caregiver, MBA, and CEO of BizChicks, Inc. My passion is helping women |
| 0:46.4 | entrepreneurs grow and scale their businesses while retaining more profit, delivering more impact, |
| 0:53.0 | and creating more time for themselves and their |
| 0:56.1 | VIPs. |
| 0:57.4 | My VIPs are my husband, Mark, and our three kids ages 6 to 18, and our kittens, Missy |
| 1:04.0 | and Max. |
| 1:05.1 | I have a very full life running a home family and this dream business where we coach and train |
| 1:10.6 | high performing women |
| 1:12.0 | entrepreneurs from around the world. Currently, I have three teams helping me stay focused |
| 1:17.8 | and create more impact. The amazing biz chicks team, who I love you ladies, my home support team |
| 1:25.1 | and a team of caregivers helping my mom. My favorite thing is to encourage |
| 1:30.0 | women to get as much help as they can afford. And may I remind you that just because you can |
| 1:36.2 | do something does not mean that you should. One of the things I enjoy doing most is helping women stabilize their income in their business. |
| 1:48.0 | It is very common once you get some traction in your business that you will have some months that are amazing and some months that are not so great. |
| 1:57.5 | We call this a feast or famine cycle. |
... |
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