The #1 Financial Mistake Killing Small Businesses (Fix This Fast)

20/06/2025 50 min

Listen "The #1 Financial Mistake Killing Small Businesses (Fix This Fast)"

Episode Synopsis

Struggling to manage cash flow or confused about business financials? In this episode, I sit down with Laurie Chen, founder of Advanced CFO and host of the Built by Margin podcast, to break down the biggest financial mistakes small business owners make—and how to fix them.We discuss:✅ How to create a relationship with your numbers✅ The difference between cash flow and accrual accounting✅ Why most entrepreneurs are blind to their financial red flags✅ Bookkeeping tips for new business owners✅ When and why to hire a fractional CFO✅ How to financially plan for growth as a personal brand or coachWhether you're running an e-commerce store, a coaching business, or a startup approaching 7-figures, this episode will help you think like a CFO and build a business with margin.🔎 Topics include: financial forecasting, bookkeeping tips, SaaS startup finance, business tax strategies, fractional CFO benefits, AI in financial planning, and more.🎧 Perfect for: coaches, consultants, creators, service providers, small business owners, and entrepreneurs scaling their operations.👉 Follow Laurie Chen on LinkedIn & Instagram🌐 Learn more at: https://www.advancedcfo.coFollow Laurie:https://instagram.com/lauriechencpamba/Follow Yesung:https://instagram.com/yesungc/

More episodes of the podcast Yesung's Podcast