Attention all small business owners! Are you tired of unexpected expenses that are keeping your business from thriving? Today on The Legalpreneur Podcast, Christy Bowie joins us to discuss budgets and taxes for your small business. Christy is the host of The CEO Wingwoman and is TikTok famous for her expert advice on how to financially plan your 7 figure business!
You can make all the money in the world but without proper management, you will struggle to maintain the cash flow necessary to sustain your business. Every CEO needs to partner with a trusted CPA who can help you plan for financial success!
In this episode, Christy will change the way you think about budgeting by shifting your mindset to spending planning. Your earning potential is unlimited and by reverse budgeting, you can structure a financial plan that supports your wants and needs without any surprises.
If you want to learn how to master your budget, listen now!
Key Takeaways:
[1:15] Accounting and Taxes are like a puzzle for legally keeping your money
[3:20] Creating a holistic luxury financial advising firm for small businesses
[6:00] Getting clients from TikTok because your network dries up faster than you think
[7:15] How you file your taxes impacts everything that you do
[9:50] Your authentic personality and brand is ultimately what attracts clients on TikTok
[11:20] Different strategies for attracting appropriate clients
[12:10] Controlling your platform by moderating your comments on TikTok
[15:00] Taking constructive criticism and feedback from potential clients in your comments
[16:00] How Christy helps your business as a fractional CFO
[19:00] Understanding the difference between profit and available cash flow
[21:30] Shifting from a budget to spending planning
To learn more about Christy, click on the links below:
The CEO Wingwoman Podcast
THE LEGALPRENEUR BOOK IS HERE!
Click this link to buy it now: Amazon
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Links:
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Disclaimer:
The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Legalpreneur Inc 2022
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