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Top 10 Money Moves Business Owners Make to Growth Wealth

Top 10 Money Moves Business Owners Make to Growth Wealth

January 9, 2023
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Posted by Marcelo Bermudez

Accelerate your financial success with the “Top 10 Money Moves Business Owners Make to Grow Wealth”. Learn the essential strategies used by successful business owners to increase their wealth and take your business to the next level.

  1. Expand customer base and implement upselling and cross-selling strategies.
  2. Control personal expenses by reviewing and optimizing their budget.
  3. Increase personal profitability by implementing pricing strategies and reviewing cost of goods sold.
  4. Invest in personal marketing and advertising to increase brand awareness and customer acquisition.
  5. Implement a system for tracking and analyzing key performance indicators (KPIs) to identify areas for personal improvement.
  6. Introduce new products or services to diversify the business and increase personal revenue streams.
  7. Invest in personal technology and automation to increase efficiency and productivity.
  8. Create and maintain a strong personal online presence to reach a wider audience.
  9. Utilize social media and online marketing to expand personal reach and increase customer engagement.
  10. Exit planning, which includes developing a strategy to increase personal enterprise value for the eventual sale of the business.

What are some money moves you’re making to grow wealth while owning a business?

I write seven days a week to help business owners and real estate investors:

✅ Accelerate value,

✅ Become better leaders,

✅ Access capital

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Marcelo Bermudez

Capital and Strategy
Marcelo Bermudez is the CEO of Shōkunin, a commercial real estate and business capital and strategy advisory firm.

As a strategist, keynote speaker, and mediator, he helps owners and investors unlock value and achieve their business and financial goals.

With hands-on experience managing businesses and navigating complex commercial real estate transactions, Marcelo understands the challenges of growth, restructuring, and successful exits.

He works closely with his clients to deliver practical solutions and drive results.

   
   
Top 10 Money Moves Business Owners Make to Growth Wealth