6min chapter

Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

#711 “Money is Your Responsibility” + News Updates

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

How Much Should You Spend on Financial Professionals in Your Business?

Sam Hill: How much should we be spending every month or every year on financial professionals in our business? What is appropriate for a million dollar agency? And then what might those cliffs be for us as we move on and grow? I certainly have an answer. It depends on a couple of things, it depends on the general complexity of the business. He says if you want someone to do all the invoicing for you, spend less than $1,000 per month.

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