Do you have an emergency bucket for your business? In this episode, Fiona discusses the importance of creating a financial buffer for your business. She shares her personal experience and advice on calculating and building a buffer. Tune in!You'll Learn How To:Considering economic uncertainty and potential recessionsSaving a buffer to cover living expensesAddressing financial difficultiesThe importance of financial education and planningTips for determining your business's survival rate and building a bufferTracking and categorizing business expensesBudgeting tools and software optionsEvaluating the necessity of expenses and potential cost-cuttingGet started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuffConnect and get in touch with My Daily BusinessMy Daily Business ShopMy Daily Business Free Weekly PlannerMy Daily Business Waitlist Special thanks to our sponsor, Vanta AI. Get $1000 off at vanta.com/mydailybusiness Want to get your #smallbusiness sorted in 2026? Check out our 1:1 business coaching packages from a one-off session to 6-months of coaching. Want to know more about AI and how to harness it for your small businesS? Join our new monthly AI chat for small business owners. You can join anytime at www.mydailybusiness.com/AIchat Try out my fave AI tool, Poppy AI here and use discount code FIONA. We also love Descript. Connect and get in touch with My Daily Business via our shop, freebies, award-winning books, Instagram and Tik Tok.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related