If your business finances are feeling tangled or out of control, you’re not alone—and you’re certainly not out of options!
In the latest episode of The boring sh!t in business, we dive into the fundamentals of budgeting and forecasting, and why they’re absolute game-changers for small business owners.
Here are my top 3 takeaways:
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Treat budgeting and forecasting like financial muscles The more you use them, the stronger and more confident you’ll become in managing your business’s finances and making informed decisions.
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Zero-based budgeting is your friend Start from scratch each month, plan every dollar with intention, and keep your budget flexible—adjust it as needed to keep your business agile.
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Never underestimate cash flow forecasting Predicting your revenue and expenses (even if it’s not perfect) gives you the power to pre-empt cash flow crunches and invest in growth with confidence.
My advice? Don’t wait for things to “settle down.” Start simple, stay consistent, and your financial clarity—and confidence—will grow every month. If you haven’t built your budget for next month yet, now’s the time! 💡
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