Pivot Your Financial Mindset When Scaling Your Small Business

📆 2/22/2024 8:52 AM
📰 ForbesWomen

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I’m the author of the children’s book series The Happy Habits Club, which helps kids find their happy. Additionally, I’m a working model, international speaker, author and founder of Ready2Roar. For the past 6 years, I’ve studied how individuals pivot in their careers.

In Dialogue: theSkimm Cofounders Danielle Weisberg And Carly Zakin On Risking It All And Redefining News Media For Women, Part 1The disparity in scaling between women-owned and men-owned businesses has become a subject of significant scrutiny. Despite the remarkable growth of women-owned enterprises in recent years, a puzzling trend persists: women-owned companies often struggle to scale at the same rate as their male counterparts.

One significant strategy to increase these numbers is to focus on business financing, especially when scaling and pivoting the financial models. Followed by the banker is the accountant, and then it’s about finding the right insurance and insurer. Finally, it’s about having the right lawyer and legal advisory in place.

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Unlock Secrets To A Millionaire Mindset And Skyrocket Your BusinessMelissa Houston is the author of Cash Confident: An Entrepreneur's Guide to Creating a Profitable Business, and the founder of She Means Profit.
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