How Your Business Budget Can Accelerate Your Growth
- S2E28
- 20:21
- August 2nd 2023
Can you imagine your business not just surviving but thriving in its current market?
The answer lies deep within your financial plans - it's budgeting, the often overlooked yet crucial pillar for business success.
Welcome Dr. Tony Aitchison from Paradealta Strategy, our expert guest for this episode, who unpacks the undeniable importance of budgeting, from driving growth to managing unexpected circumstances.
We delve into why having extra funds in the form of retained earnings is a smart move and how a flexible budget approach can help you to navigate unforeseen scenarios.
Diving deeper, we discuss how the process of budgeting can be simplified and streamlined with the use of modern apps and software.
Dr. Aitchison shares valuable insights on the role of financial advisors and consultants in budget-making decisions, plus tips on correcting the budget if it goes off track.
We end on a high note as we examine the power of a well-structured budget and its role in driving business success.
So, if you're ready to equip yourself with the knowledge that can help your business thrive, this episode is a must-listen.
--------- EPISODE CHAPTERS ---------
(0:00:03) - The Importance of Business Budgeting
Business budgeting is discussed, including its significance, how it can accelerate growth, and the importance of retained earnings.
(0:10:08) - Effective Budgeting and Business Consulting
Using apps and software, consulting financial advisors, and correcting budgets are discussed.
(0:19:22) - Harnessing the Power of Business Budgeting
Dr. Tony Acheson discusses budgeting apps, financial advisors, creating a budget, and how budgeting can drive business success.
Dr Tony Aitchison Paradelta Strategy Podcast City Radio
Dr Tony Aitchison (MBA) has travelled the world and worked in France, USA, and Australia. Providing business strategy advice, brand equity building services, and new venture development and management to his clients, and within his own ventures.
This has seen him develop a cure for cataract blindness, develop renewable energy sources, develop rechargeable batteries that work as low as -60C, and has accelerated the growth of many businesses.
A strategist and implementer, he leads a team of experienced consultants and has worked in industries such as FMCG, pharmaceuticals, cosmetics, food, financial, chemical, plastics, finance, beverages, wholesale, energy, retail, med tech, not-for-profits, automotive, toys, festivals, technology, allied health, software, insurance, education, law, virtual reality and more.
This global and diverse range of experience provides a dynamic approach to his work that creates unparalleled growth for his clients.