Vicki Weinberg’s Post

We're thrilled to share our recent appearance on our client's podcast, where we demystified business structures for Vicki Weinberg ‘s audience. 💡Discover the key differences between sole traders and limited companies to find the best fit for your business. Quick insights: Business basics: Imagine a limited company as a business superhero 🦸🏻♀️ it can sign contracts and borrow funds, shielding your personal assets with its limited liability powers. How to start your own company: Starting your own business might be easier than you think! Director know-how: Steer your company wisely! We shared crucial tips on managing shares and maximising profits. Legal must-dos: Stay on the right side of the law with our guide to necessary paperwork for sole traders and limited companies. Money matters: Whether it’s salaries or dividends, understanding how to manage your money within these structures can save you a lot at tax time. Future-proofing: Thinking of selling your business someday? We shared some tips on how the setup you choose now can affect your options later. Making complex info simple is our specialty! 💫 Every business journey is unique—seeking bespoke advice is key to avoiding costly errors. A huge thank you to Vicki for having us! Laughton Ross 🔔 Watch out for more straightforward advice and insights! #BusinessStructures #Podcast #Accounting #Entrepreneurship

Had an incredible time chatting with the wonderful Emily Reagan on her podcast about the ins and outs of finance for Virtual Assistants! 🎙️ Emily's warmth and insightful questions made the conversation flow effortlessly, turning complex finance topics into easy, actionable steps. 🌟 We covered everything from the power of personal connections in this digital age to practical tips on managing your business finances. Here's a sneak peek: * The art of connecting genuinely online 🌍 * Designing a budget that reflects your dream life 🌈 * The importance of separating personal and business finances for clarity 🏦 * Building a solid financial foundation to support your VA journey 🛠️ * Smartly leveraging your time, money, and energy for peak productivity ⏳💰⚡ Emily truly made this discussion special, and I can't wait for you all to listen in. If you're looking to demystify your business finances and set yourself up for success, this episode is for you! 🎧: https://lnkd.in/e9CNXaS8 #entrepreneur #entrepreneurial #business #businessmindset #businessfinance

From Clueless to Confident: Every Entrepreneur’s Journey 🧠💪 In the most recent episode of our podcast, Next Level Finance, we had the pleasure of speaking with Maureen Ogbu, a successful property lawyer who now runs her own practice. Maureen shared with us her early struggles in transitioning from being an employee to becoming an entrepreneur. She admitted that, at the start of her journey, she didn’t have a clue about running a business, managing finances or valuing fees. Despite being an excellent lawyer, she realised that entrepreneurship required a whole new skill set. Acknowledging that she needed help with this gap was a large step towards learning the business side of her practice. Maureen’s story is a powerful reminder that even the most skilled professional need support when stepping into the world of business. If you have any questions or would like further insight and advice for your business goals, reach out to us via the link below or in our bio. We’re here to provide guidance on your financial journey. 🔓 Curious about your financial health? Take our quiz to discover where you stand financially and receive a personalised PDF report to your email with the results! → https://buff.ly/3LCWE3b 🔗 Link to the video below! #Accountant #TaxSpecialist #BuisnessAdvisor #PropertySpecialist

Are you a small business owner looking to master your finances? Don't miss our latest "Small Biz Bites" episode featuring Geeta Lalvani Hines, a renowned expert from Profit Comes First. Geeta shares invaluable insights on managing business finances and achieving profitability. Here are the highlights: 💙𝐒𝐞𝐩𝐚𝐫𝐚𝐭𝐞 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬: Geeta stresses the importance of keeping your personal and business bank accounts separate for clarity and to minimize liability. 💙𝐏𝐫𝐨𝐟𝐢𝐭 𝐅𝐢𝐫𝐬𝐭 𝐒𝐲𝐬𝐭𝐞𝐦: Discover the simplicity of the transformative "Profit First" method. Start by setting aside just 1% of your sales into a profit account and gradually increase this amount. 💙𝐓𝐫𝐮𝐬𝐭𝐞𝐝 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐀𝐝𝐯𝐢𝐜𝐞: In the face of misinformation on the internet, Geeta strongly advises consulting a lawyer and CPA for official guidance on business finances and taxes as your business grows, ensuring you're well-informed and secure. Tune in this 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲 𝐧𝐢𝐠𝐡𝐭 𝐚𝐭 𝟕 𝐩𝐦 𝐄𝐒𝐓 𝐨𝐧 𝐈𝐧𝐝𝐢𝐞𝐒𝐨𝐮𝐩 𝐌𝐞𝐝𝐢𝐚 (Facebook, Twitch, and the interactive chat on YouTube) to hear more about financial strategies to help you build a successful and profitable business. #SmallBusiness #ProfitFirst #Entrepreneurship #BusinessGrowth #SmallBizBites #SmallBusinessOwner #LiveStream #VideoPodcastShow #Podcasting #GRHJack #ProfitComesFirst

Ever thought about owning your own accounting firm? 🤔 In our 22nd podcast episode, Kelly Rohrs, CPA and I are talking about how private equity can change the accounting industry. 💡 Did you know you could potentially own your own firm with just a 10% down payment? Well, here's why it's not as far-fetched as it sounds: banks are more willing to lend money to buy accounting firms compared to other businesses like restaurants. It all boils down to trust and stability. 💰 Accounting firms are seen as low-risk investments because they have steady cash flows and a solid client base, making them more appealing to lenders. So, if you're considering taking the leap into entrepreneurship, the accounting industry might just offer the perfect opportunity! We'd love to hear your thoughts on owning your own firm or any tips you've found useful! 💬 Feel free to drop them in the comments below! 🎧 Listen to the episode here: https://bit.ly/3VX67c2 #accounting #privateequity #accountingfirm #businessacquisition

Consultants and coaches, how do you feel about managing your money? I know how you feel about making money. 😉 But what about managing your money? Me? I hate it. And it has cost me dearly. 😩 I can’t even post about it because the thought of the wasted money makes my stomach hurt. This is why I brought on my personal “On-Demand CFO” Nicole McNeilly on my Enough Already podcast. She offers smart strategies that solopreneurs like us can use to get control over our finances, reduce our expenses, avoid expensive mistakes like I made, and invest wisely so that we can scale our profits and grow our wealth and so much more! Listen into our conversation to hear: - Why building your financial acumen is as important as your consulting and coaching acumen if you want a sustainably profitable business - The benefits that installing measures and up-to-date bookkeeping creates (that goes FAR beyond just being well-prepared for tax season) - The mindset shifts you MUST make as you transition from employee to entrepreneur if you’re going to replace your salary with consistent business revenue - What to consider BEFORE you barter services with anyone (especially if you believe in your worth) - The #1 thing you MUST have BEFORE you establish a business partnership - Why investing in your business development both makes and saves you a TON of money (and what investments will create the biggest ROI’s) Grab the link in the first comment. And please share your best money management tips below.

Entrepreneurs, Investors and Business Owners - What are the top issues you need help with? What information, advice, guidance or execution do you need to get your business "over the hump" to profitability or sustained success? Are you struggling with strategy, marketing, staffing, corporate culture, processes, supply chain, audience development, sales, accounting, legal or something else? How can I help you be in a better position to win, now and in the future? Answer in he comments, DM me or contact me via the link below.

🎉🎙️ Congratulations are in order! 🎉🎙️ Big shoutout to Rob Ferguson, from Ferguson Alliance, LLC for hitting a remarkable milestone - 1000 downloads on his episode of the KeyHire podcast, diving deep into the intricate dynamics of family businesses. 🚀 In an era where priorities shape our every move, Rob's insights on "Are You a Family First Business or Business First Family?" resonate profoundly. Family businesses are a tapestry of unique stories, strategies, and values, each weaving its own path to success. Rob's episode sheds light on navigating this delicate balance, where the interplay between familial bonds and business objectives can truly define your trajectory. Here's to celebrating not just the numbers but the rich dialogue and wisdom shared. Keep inspiring, Rob! Your journey sparks vital conversations and illuminates the diverse landscape of family enterprises. 🌟 If you haven’t listened to Rob’s episode yet, here is the link: https://lnkd.in/guF_Zqh8 #FamilyBusiness #KeyHirePodcast #SuccessStories #businessgrowth #management #leadership #smallbusiness #talentstrategy #entrepreneurship #podcast

Ever felt like your business is making money, but you can't see it in your bank account? Stephanie Smith, our guest on the latest episode of The Beyond Business Podcast, reveals that this is a common issue faced by many entrepreneurs. The balance sheet shows profitability, but the bank balance paints a different picture. The culprit? A high amount of accounts receivable. In simpler terms, people owe you money. Stephanie shares a fascinating case study where she helped a client facing this exact issue. Although the business was making sales, they weren't receiving the money on time due to a lack of efficient processes. This left them struggling to cover expenses, despite being 'profitable' on paper. Stephanie and her team put a plan in place to reduce the time taken to receive payments from clients and ensure faster payment processes. The result? A significant improvement in cash flow, making the money more immediately available for business expenses. Tune into this episode of The Beyond Business Podcast to hear more about Stephanie's insights on managing business finances effectively.

🎙️ Exciting News! 🎙️ In today’s episode, Hurley Fox joins us as he dive deep into the world of business finance, exploring the crucial role of financial data in running and selling a successful business. Forget relying on gut feelings—Hurley emphasizes the importance of tracking every financial metric, from revenue and expenses to net worth and free cash flow. We’ll also journey through Hurley's personal experience, from his beginnings in construction to his unexpected shift into accounting and eventually business ownership. Along the way, he offers tangible advice on how personal finance can pave the way for mastering business finance and underscores the necessity of a well-organized financial system for making informed decisions. Key Highlights ✔ Significance of data driven decision making vs gut feeling ✔ Measure what you care to improve ✔ Benefits of having a third party verify financial accuracy ✔ Insight from bookkeeping beyond tax purposes ✔ Structuring a business to operate without the owner's daily presence Don't forget to subscribe to our podcast for more captivating episodes that will empower you on your journey to financial success! 🌟 #Migrate2Wealth #SaketJain #M2WHurleyFox #FinancialManagement #Entrepreneurship EP159: Discover How to Run a Business Like a Pro - Hurley Fox Link in the comments section!