Plan Ahead for Your Fixed Overhead Expenses
Paying some of your fixed overhead costs, like rent, during your busiest months can be a huge relief when the market slows down, especially in the last quarter of the year.
 
If you're not setting aside funds when business is booming, it can become difficult to stay afloat when cash flow is tight.
 
To help you get ahead, I’ve included a simple formula and example to plan your savings or advance payments. While the example uses rent—one of the largest expenses in my business—you can apply this to any expense and adjust it for however many months you want to save or prepay.
This strategy has been a game-changer for me, and I hope it helps you manage your expenses more effectively too!