We Got Your Books’ Post

We know it's not always easy to find the time to talk about your finances. You're busy running a business after all. We've got the answer. One short conversation can unlock plenty more free time for you within your business. If you'd like to register your interest in talking and arrange a meeting with one of our team, you can find out multiple ways of contacting HJS on our website at the link below.

IN THE END, YOU DESERVE A REWARD. You keep showing up, running errands here and there to build and grow your business so it's only fair that your business pays you. Many business owners don’t have a specific amount of money they pay themselves, a timeline when they get paid or any strategy to get paid but rather withdraw money from the business any time a need for money arises. In doing so, they end up withdrawing more than they should which rather causes a setback in their business financial position. There are so many factors to put into consideration when it comes to deciding how much and when to be paying yourself, but one factor stands out most; BUDGET With a budget you can easily create a financial plan which outlines your income, expenses and saving goals which allows allocation of resources strategically and therefore making informed decisions including paying yourself a sustainable salary without compromising your business operations and growth. Let me know in the comments below, do you have a certain amount you pay yourself or do you take money out whenever you need it?

I’ve worked with 150+ business owners on their finances. But there is one HUGE problem they all share: Not knowing exactly how much money they can take home each month. Many business owners face this issue, which leads to: 1. Financial stress: Worrying about your pay adds pressure. 2. Bad business decisions: Unclear cash flow leads to poor choices. 3. Adhoc personal income: Hard to plan finances without knowing your pay. But when this problem is fixed, everything changes: 1. Less stress: Clear cash flow means less worry about money. 2. Stable personal income: Know exactly how much you can take home. 3. Better business decisions: A clear financial picture helps you make better choices. The takeaway? Knowing and tracking your monthly cash in and out can make a big difference in your life and your business.

Running a business is stressful! Every day is a juggling act of priorities, clients, and deadlines. But when your books aren’t in order, that stress doesn’t just add up—it multiplies. Suddenly, you’re faced with unexpected tax bills that drain your cash flow. Or cash flow surprises that put your business at risk. And let’s not even talk about those sleepless nights spent wondering if you’ve missed something critical. The truth is, financial disorganization is more than just an inconvenience—it’s a threat to your business. But it doesn’t have to be this way. Imagine having clarity on your finances at all times. Knowing exactly where your money is going and where it needs to go. No more surprises, no more stress. Just peace of mind, and the freedom to focus on what you do best—growing your business. Let’s bring clarity to your finances today. DM me for a free finance health check consult.

Keep your business credit and finances separate from your personal credit and finances to the greatest extent possible. It should go without saying: mixing the two can mess up both your business life and your personal life. So keep these two financial worlds separate.

How the Type of Business You Do Determines Your Lifestyle The time for reaping and sowing is different for every business. Knowing and accepting your type will make you less stressed, envious, and more introspective and strategic about your finances. This is something I am learning today and working on getting better at.

I hope this post finds you well and thriving in your respective ventures. Today, I want to shed some light on a crucial aspect of managing your business finances – something that could save you both time⏳ and headaches🤯 down the road. 👉 AVOID USING BUSINESS ACCOUNTS FOR PERSONAL EXPENSES! I can't stress this enough – your business account is not your personal piggy bank. 🐷 Mixing business and personal expenses can lead to a messy financial situation, and trust me, you don't want to go down that rabbit hole. Each transaction from your business account should be directly related to, well, your business.

You are the business. I wrote a blog about clients who when they get to a certain level of wealth, they are a business. If your wealth is generating over £250k/£300k of revenue annually, you are a business - a MEO if you will 😀. Here are a few thoughts on how to manage that position. https://lnkd.in/eWSX_TzZ

One of the most common mistakes small business owners make when starting their business is to misinterpret their financial health. There are three key components that together form a picture of how a business is doing financially. You can learn from OB where we help you avoid these mistakes and ensure your business finances are healthy. Call us on 612-4067291.

One of the most important aspects to becoming a successful business owner is ensuring your own finances are in-order. Here are tips on how to keep your personal finances in-check as you strive to reach your business goals: https://bit.ly/4cU5FAv