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How to Sell Online

How To Fortify Your Business Financially

How to Sell Online

Alison J. Prince

Because I Can, Start An Online Business, Kids Making Money, Business Podcast, How To Sell Online, Sell Online, Alison Prince, Education, Because I Can Life, Online Business, How To, Mompreneur, 0-100k, Online Store, Entrepreneurship, Alison J Prince, Business, Entrepreneur, Ecommerce, Self-improvement

5.0997 Ratings

🗓️ 7 April 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

In this episode, I’m going to have a conversation with Mel Abraham about how we can fortify our businesses financially in the crisis that we’re facing right now, sales problems versus profits problems and how we can work around them, how we can keep making money with our businesses while maintaining great relationships with our customers, how the recently unveiled CARES Act can cushion us from the harm the Coronavirus pandemic is unleashing, and so much more. ===> Download your personal Because I Can bundle at https://alisonjprince.com/bundle

Transcript

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0:00.0

Welcome to today's podcast. I'm bringing in Mel Abraham. Now I met Mel about a month,

0:08.6

month and a half ago up at the Brennan Broussard's mastermind and I'll tell you what we hit off like we were best friends and

0:17.1

have been best friends for years and over the last couple weeks I've heard him talk about the finances and what is happening in the world right now and how he is watching businesses that are in fear, take their dollars and turn them into pennies.

0:33.8

And then other businesses that are able to step back,

0:36.7

take pennies and turn them into dollars.

0:39.4

So I wanted to bring Mel on to talk to you about how we can fortify our businesses financially

0:48.8

in an unknown kind of a chaotic world right now.

0:54.0

Now in this episode, Mel dives into

0:57.1

cells problems versus profit problems.

1:00.0

What we can do to avoid and to skirt around those issues.

1:05.7

He also talks about how we will absolutely recover

1:09.2

from the financial dips that are happening right now, but he is very afraid of one thing

1:16.0

that we will not recover from if we don't get a grasp on it. And I'm going to

1:20.6

leave that part as a hook so that you will listen to the episode and then at the end

1:26.5

Mel talks about something called the Cares Act and that is something that was just signed by the government to help out small businesses.

1:34.4

He's going to talk about if you qualify for it, if you should take it, if you should not take it,

1:40.3

and a lot of the details that just kind of seem a little bit gray right now.

1:45.0

So today's episode, get ready to dig in to find out how you can prepare financially in your business. Let's get started. Hey you are listening to the Because I Can Life podcast where we believe we can

2:06.5

decide our own income choose happiness kick bear in the teeth and never ever

2:10.3

stop why because we can I'm your host Allison J Prince and I went

2:15.8

from being a junior high science teacher to building four online multi-million

2:20.1

businesses with four kids at my feet.

...

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