Ep 8. Forget the Crystal Ball: Forward Planning Ahead of the Holiday Season

Summary

In this episode, Joel and Jed discuss the importance of forward planning and capacity planning for small business owners, especially during the Christmas break. They emphasize the need to start planning early and create a list of open jobs and cash flow projections. They also highlight the importance of building a buffer account to cover expenses during the break and the first few weeks after. Communication with clients about the Christmas period is also crucial. The episode concludes with a reminder to prioritize self-care and enjoy the break.

 

Takeaways

• Start planning early and create a list of open jobs and cash flow projections.
• Build a buffer account to cover expenses during the break and the first few weeks after.
• Communicate with clients about the Christmas period and manage their expectations.
• Prioritize self-care and enjoy the break.

Chapters

00:00 | Introduction

01:05 | The Importance of Forward Planning

06:24 | Clearing Decks and Managing Cash Flow

08:25 | Communicating with Clients

12:13 | Summary of Three Key Aspects

16:06 | Getting Started Again After the Break

21:24 | Summary of Three Steps

23:21 | Conclusion