When it comes to making decisions for your business, it is critical you KNOW you numbers. In this episode, Sherri Curran speaks to us about the key numbers you must have a handle on and their importance. These include your income, expenses, assets, liabilities, and equity.
Janet Ickes shares the importance of having a separate business vs. personal account and takes us through a scenario of making sure your systems are in place to capture and track those numbers as well as how to allocate your income and expenses. The key message from both of these money masters is to plan, track, and analyze - if you are serious about business growth.
About the guests:
After 30 years of experience with small-business bookkeeping, Sheri launched a firm where she and her staff other remote bookkeeping services and support to service-based businesses across the country. learn more at www.curranbookkeeping.com.
Janet Ickes, Excel with Me Training & Consulting, helps growing, service-based entrepreneurs effectively manage their cash flow and turn their revenue into profit. Her unique, practical hands on approach inspires her clients as she empowers them to use a SYSTEM, such as QuickBooks Online, through personal and group training sessions. learn more at www.excelwithme123.com.