Are You Using Retained Earnings to Grow Your Business? | 2min snip from The EntreLeadership Podcast

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How to Lead High Performers and Scale Your Business

The EntreLeadership Podcast

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CHAPTER

Are You Using Retained Earnings to Grow Your Business?

Keep your quarterly estimates separate. Calculate your profits and calculate your taxes as a result of that profit that month. Set that money aside. Retained earnings can be used for buying things to increase the business, tools, trucks, whatever. You do not have to buy a brand new truck, you know that.

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Today, we hear from:

• A leader of an HVAC contractor who has a high performer whose heart isn’t in his work

• A store manager who wants advice on how to talk to his father-in-law about passing the business down to him

• Dave Ramsey on why corporate America sucks

• A sole proprietor electrician who wants to know what to do with his business’s savings

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