Are you in control of your money or is your money in control of you?
Many people can maintain a balance sheet, but that doesn’t necessarily mean they know if they’re on track to hit their meeting their sales goals, or where their cash flow will be in the future. That's where my money tips for your small business come in handy.
It’s vital to be aware of how your money is working for you, and more importantly, to make sure you don’t run out of it!
In this episode, I share some money tips and tools that I use and recommend to clients to help manage their budget. I discuss simple methods to help monitor both your sales goals and more complex goals so you can build up your cash flow projections.
I also provide resources to help you learn more about managing your money and services because this will help make it an easier process for you.
“You should be able to tell in your small business at any one point, how much money you earned year to date.”
Matthew Kimberley
This week on Book Yourself Solid® Marketing For Coaches Podcast:
- Why you should know how your money is working
- Using a dashboard to monitor your sales goals
- How revenue numbers help determine if you’re on track for your sales goals
- The Post-It Note approach
- Why Thrivecart is a great tool for monitoring your income
- Why it’s always better to leave bookkeeping to the professionals
- How cash flow budgeting tools can help with smarter budgetary decisions
- How much time you should spend reviewing your budget
Resources Mentioned:
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