From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
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From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
The success of any business can be linked directly to organized financial reporting. Knowing exactly what profits are coming in, what expenses are going out, where business is coming from, and how to maximize finances is the best way to keep a business growing and ready for the long haul.
In this episode, I cover the benefits of regularly reviewing these 5 financial reports: accounts receivable, profit and loss by income, profit and loss by your top 10 clients, budget versus actuals, and a comparison balance sheet.
In this episode, you’ll also hear:
Monitoring and managing cash flow
Making informed adjustments to your business
The value of reviewing financials on a regular basis
Must-listen moments:
[00:04:27] It helps you to assess client relationships, identify upselling opportunities, and it mitigates the risk that comes with being dependent on a small number of clients.
[00:06:34] Monthly reviews are common, so you can make timely adjustments and keep the business on track to meet your financial goals.
[00:08:26] You can review them frequently, and the frequency is dependent on what you decide and what your company needs to happen. And it can be adjusted based on your size, based on your goals, but consistent monitoring is what is going to help you make good decisions about your business.
Visit our website and click on the Let’s Talk button: http://www.firststepsfinancial.com
Reach out to Alisa: Alisa@firststepsfinancial.com
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IG- https://www.instagram.com/firststepsfinancial/
LinkedIn -https://www.linkedin.com/company/first-steps-financial/
Podcast audio/video editing and show notes by http://www.podcastabundance.com/services
Financial Snickens
From streamlining processes to scaling your company, welcome to the spot where you get bite-sized financial information for entrepreneurs to help you succeed in your business!
With over ten years of experience owning her own accounting and bookkeeping firm and working with hundreds of entrepreneurs, she’s here to break down these questions in easy-to-understand language and actionable items.
Tune in every Thursday for five to ten minutes of invaluable information.
If you have questions about businesses or bookkeeping, head to firststepsfinancial.com and hit the “Let’s Talk” button to continue the conversation.
