Growing A Business From Scratch – 6 Tips For Small Business

Growing A Business From Scratch

I know I look at this unconventionally. I'm not an accountant or a financial planner but I look at it practically from a lifestyle point of view. What is the lifestyle I want and how can I make the most of the money I have.

Growing a business from scratch is a great place to start if you’re trying to save money and set up a sustainable business for long term success. 60% of businesses fail in the first 5 years. This can be higher for women in business. I want to help change this and share tips in this video from my lived experience of growing a business from scratch 8 years ago.
I believe you can make the most of what you have to help you get set up for longer term success.

When we can reduce unnecessary spending it enables more freedom of choice when, where and how you spend your time and money and who wouldn’t want that?

Better budgeting is not about becoming an accountant but rather it’s about being accountable for your spending. Here are 6 tips for business owners to set up a business from scratch.

Tip 1 – Have a good Accountant you understand
Tip 2 – Build a business you love
Tip 3 – Find and use free resources
Tip 4 – Being connected with other business owners
Tip 5 – Remember why you’re in business
Tip 6 – Avoid going into debt

Chapters

00:00 Growing a Business from Scratch
01:08 Tip 1 – Have a good Accountant you understand
01:57 Tip 2 – Build a business you love
02:44 Tip 3 – Find and use free resources
03:48 Tip 4 – Being connected with other business owners
04:39 Tip 5 – Remember why you're in business
06:26 Tip 6 – Avoid going into debt

Resources:

Business Connect
NSW Small Business Month
Business Grants

Serena Dot Ryan SEED Membership

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I'm Serena Dot Ryan. An experienced entrepreneur and Mum of 2 who decided instead of being in an endless loop of working more to spend more and service debt, that I would break the cycle and focus on making the most of the money I have. Dedicating myself to better budgets in business and life. When better budgets, finding savings and making the most of what we have are applied, I've discovered an increase in quality time with my friends and family.

I have a weekly podcast where I share my journey to become debt free and pay down my credit cards. (I've been credit card free since April 2020). New episodes are available every Friday here on the Better Budgets YouTube Channel and at

Every week I provide tips and resources for businesses and the entrepreneurs who run them to be resourceful and make the most of the budgets they have in business and life.

Find out more about:

Serena Dot Ryan
Dotterised Digital Agency
Adding Up Podcast

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