SMBs: It's Okay to Say "I Don't Know" About Your Finances Running a small or medium-sized business is a constant learning experience. But sometimes, the most important thing you can admit is: "I don't know what I don't know" when it comes to your finances. Here's why: Financial Blind Spots: From complex regulations to strategic forecasting, financial management can be overwhelming. A SMB owner can't be expected to be an expert in everything. Missed Opportunities: Not knowing where to turn for financial guidance can hinder growth and limit your ability to capitalize on new opportunities. Don't let financial uncertainty hold your business back. Search for things that you don't know about. And if you need some help with this let us know we can help! #fractionalCFO #financialplanning #smbgrowth
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#FailureForwardFriday: I made financial mistakes early in my career, but it taught me invaluable lessons on budgeting, investing, and practicing financial discipline. Today, I am more confident in managing my finances and advising others based on my first-hand experiences. With every failure, there's an opportunity to grow and learn! #FailureForwardFriday I undertook the following steps to acquire knowledge. Step 1: Conduct a thorough analysis of past financial mistakes. Step 2: Develop a budgeting and financial planning strategy. Step 3: Seek advice from financial experts or mentors. Step 4: Continuously educate yourself on financial management. Step 5: Share your experiences and lessons learned to help others on their financial journey. #FinancialGrowthJourney#BudgetingWisdom#MentorshipInFinance#ContinuousFinancialEducation#ShareTheWealth
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International Speaker & Author | Author Cash Confident | I help start and grow PROFITABLE businesses | Founder of She Means Profit™️ | Speaker | Contributor @Forbes.com
When you own and run a business, you have a vision, a mission, and a passion that drives you to succeed. However, financial mismanagement remains one of the leading causes of business failure. 82% of businesses fail due to financial mismanagement. That's a staggering number! But let's not get discouraged. The good news is that financial management is a skill that can be learned and improved over time. With the right tools, strategies, and mindset, you can reduce the risk of failure and increase your chances of success. As a finance strategist, I help you streamline your financial processes, keep track of your expenses, and make sound financial decisions that align with your goals. So, let's work together to reduce that statistic and make your business thrive! Grab a free copy of the 5-Step Roadmap to a Profitable Biz today! --> https://lnkd.in/gMruyWQv #femalefounder #financialeducation #profitfirst #moneymanagement #businessmanagement
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Part 3: Mastering the Cash Flow Statement! 💸📊 Cap off Financial Literacy Month with Part 3 of our 3-part blog series! Learn the essentials of the Cash Flow Statement and gain crucial insights to empower your business journey. #FinancialLiteracyMonth #CashFlowInsights #EmpowerYourBusiness https://lnkd.in/eQQZz6Ec
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Discovering the perfect account title for your business is a crucial first step, but what comes next is pivotal: balancing your books. It's not just about numbers; it's about setting the foundation for sustained growth and financial health. 🚀 Take Action Now: If you've aligned your accounts but haven't balanced your books, you're only halfway there. This is where strategic insights turn into tangible results. Whether you're new to finance or a seasoned entrepreneur, ensuring your financial records are meticulously organized is critical. It's not merely about keeping the numbers straight—it's about unlocking opportunities for growth, investment, and stability. 📞 Ready to Elevate Your Financial Strategy? Balancing your books might seem daunting, but you don't have to do it alone. If you're ready to transform your financial insights into strategic action, schedule a call with us today. Let's ensure your business not only survives but thrives in the competitive landscape. https://lnkd.in/g5En_dde - Let's dive deep into your accounts and pave the way for unprecedented growth and efficiency. #FinancialHealthCheck #BookkeepingBasics #BalanceTheBooks #AccountingTips #FinancialAccuracy #BusinessGrowthStrategies #ComplianceMatters
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Does your business sometimes feel like a maze? If you’re feeling uncertain or unclear about your business sometimes, you’re not the only one! It’s very common to have these fears from time to time. But it’s not necessary to stick with those feelings. It's time to bring clarity and confidence into your financial realm. Jump in my program "Show me the Cashflow"– a transformative 4-week experience that demystifies financial statements, forecasts, and P&Ls, making them tools for your business success. Picture this: You, effortlessly reading cashflows, understanding the critical KPIs for your business, and conducting a quick 5-minute weekly financial checkup – all without the need to become a bookkeeper. It's not just about managing finances; it's about turning financial insights into actionable strategies for growth. So pull out those glasses and make finance your business ally! Secure your spot in "Show me the Cashflow" and make finance your superpower. Book a call to see if you’re a fit candidate for the program; https://lnkd.in/edH6guKg #financialmastery #showmeThecashflow #businessgrowth #financialconfidence
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Award Winning Business Mentor | Cash Flow Specialist | Expert courses to help overcome challenges & lead with intention. Scale & Transform your business through knowledge & implementable systems | Join our community
"Austin’s knowledge of the financial side of things & dealing with forecasting has clarified a lot for us" --- Ensuring the financial stability of your business is crucial. Without it, your business could face significant challenges. This is where the true test of a credible business lies. What does it mean to be credible? It's about viability. Do the numbers add up? Are you generating profits 📈? And if so, how much can you realistically expect? Here's the thing. Many entrepreneurs make the mistake of only analyzing last year's financial statements to gauge their business's performance. While it's useful to know where you stand, it won't provide an accurate projection of your future. To achieve financial success, you need to stay on top of your numbers, understand how to interpret them, and use this information to make informed business decisions that promote growth and prosperity. Remember, you don’t need to be an accountant to understand your numbers. That's why I developed my Flame 🔥 Principles. If you're interested, let's connect and start your journey to financial success 💰. #businessmentor #businessfinance #financialfreedom #financialprojections
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Ignorance isn't bliss when it comes to your business finances 💰 We're excited to bring the two-day Financial Skills Workshop to Hamilton on 15-16 May 2024, and would love to see you or someone from your team join us! Understanding the financial numbers that underpin the performance of your business in the current economic climate is not only important, it's essential. Knowing how to read, understand and make decisions based on financial information allows you to have robust discussions with your team and advisers, effectively plan for the future, make important (and tough) decisions with confidence, and uncover opportunities.
Financial Skills Workshop | The Icehouse
theicehouse.co.nz
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Hey LinkedIn friends! If you are investing in yourself this year then start with this workshop. An absolute MUST for all business owners and senior leaders who deal with numbers daily. For IH alumni, great addition to your LDP or OMP programme 👍 A quick way to add ‘loves numbers’ to your toolkit! #knowingyournumbers #financeforsme #communicatewithyouraccountantbetter
Ignorance isn't bliss when it comes to your business finances 💰 We're excited to bring the two-day Financial Skills Workshop to Hamilton on 15-16 May 2024, and would love to see you or someone from your team join us! Understanding the financial numbers that underpin the performance of your business in the current economic climate is not only important, it's essential. Knowing how to read, understand and make decisions based on financial information allows you to have robust discussions with your team and advisers, effectively plan for the future, make important (and tough) decisions with confidence, and uncover opportunities.
Financial Skills Workshop | The Icehouse
theicehouse.co.nz
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Bookkeeping & Tax Services: Helping small business owners take control of their finances to achieve their business goals
As we approach the year-end, take a moment for a quick financial check-in! How do you feel about your business finances this year? Comment below with "Positive," "Overwhelmed," or "Unaware." Are you gearing up to finish the year strong or in survival mode? Read more about the importance of Financial Check-Ins in this blog post:
The Crucial Role of Regular Financial Check-Ins for Small Business Success — Brandy Sparkman
brandysparkman.com
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Accounts Payable Specialist | Administration | Office Operations & Procurement Specialist | Vendor Management |
📢 Attention ❗ 📌 Is your Financial Future secure enough? 👨💻 How well prepared are you for any adversity that could change the course of action? 😨 If your answer is 'I am not sure', worry not! 🤑 I have curated the 10 most important tips to help you unlock your Financial Future. 😎 Follow these smart tips and ensure the future doesn't just happen; you make it happen! P.S. If you’re new to following me, I talk about 💹 Finance, 🏢 Business Management, and 🏗 Administration. Let me know which topic interests you the most! ✒️ P.P.S. ♻ Repost if you think these tips are helpful and can help others. #financialfuture #smarttips #administration #futuregoals #businessmanagement #warrenbuffett #smartgoals
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