Getting to Know Your Books

20/02/2024 12 min Temporada 2 Episodio 7
Getting to Know Your Books

Listen "Getting to Know Your Books"

Episode Synopsis

Got a specific business question? Ask here!Get ready to turn your small business finances from a game of guesswork into a well-oiled machine! This week, the focus is on empowering you with the financial literacy that's as vital as the air we breathe for any fledgling or soaring enterprise. We'll tackle the common traps of blindly delegating financial tasks and celebrate the liberation that comes with building your own 'numbers muscle'.As your guide, I'll recount the pivotal moments when I learned the hard-hitting truth that understanding your finances is non-negotiable for sustainable growth and profitability. We'll explore the necessity of establishing a bookkeeping system that does more than just track expenses—it gives you foresight and control. No matter where you stand on your business path, this episode is your invitation to embrace the numbers game and make it your ally. Tune in, and let's secure your business's financial future together.Homework:Download your choice of accounting software and spend the time it takes to get it linked with your accounts.Resources:Time Tracker PDF (from last week's episode)Episode #40 Part 5 Your Logo and WebsiteQuickBooks OnlineXeroWave ZoHo BooksThanks for listening! I'm glad you're here. Be sure to subscribe to the podcast, and share it with someone who could benefit from what you heard. Also, head over to https://theerinolson.com/links and sign up for the email list, and you can get all the downloadable PDFs and tools! News: We finally have a YouTube channel! Visit us HERE: https://youtube.com/@theerinolsonSee ya next week!Erin

More episodes of the podcast The Quality Of Life Podcast