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—> Notes From Call:
Income strategy
Money Management
Investment Strategy
• Total Expenses & Net Income
• Most Profitable Product & Service
• Least Profitable Product & Service
• Breakeven point (each month)
• Monitor Cashflow
Allocate VS Spend
• 6 Bank Accounts
• Profit First
• Income Acct
• Operating Acct (20%
• Owners Draw Acct (50%) - Pay Yourself
• Profit Acct (5%)
• Taxes Acct (20%
• Savings Reserve Acct (5%
MORE MONEY COMES WITH HAVING CLEAR STRATEGY
• Investment Strategy
• Re-invest in Business (tools, resources, people)
• Real Estate (office space, index funds, event spaces
• Businesses
• Joint Ventures
Bio:
Lauren Buckner is a powerhouse attorney with over 18 years of experience spanning the private and public sectors representing small businesses, corporate entities, governmental agencies and commercial real estate developers. Lauren is a seasoned expert in navigating the complexities of business law and real estate development projects.
She obtained her Bachelor of Arts degree in Psychology and Spanish from Cornell College in 1999 and her Juris Doctor St. Louis University School of Law in 2006, with a concentration in International and Comparative Law.
Lauren is currently the CEO and founder of Buckner Consulting, a legal and business consulting firm that specializes in helping business owners significantly increase their revenue. Beyond her thriving practice, Lauren is also a dynamic international speaker, best-selling co-author, and revered industry thought leader. With her unparalleled blend of legal acumen and business savvy, she continues to inspire and empower entrepreneurs worldwide to transform their visions into reality.