Ep 8. How do you manage your money and how much is in your bank account?

Directors Notes:

Learning to manage your money is a how to get clarity and control. It’s how you’ll make informed financial decisions that serve you.

The takeaway: Poor cash flow is one of the leading causes of business failure, and even a very profitable business can fall down without a way to manage their money. Putting money aside for tax, long term investments, to pay yourself, and for profit will set your business up.

The antidote? Unsuprisingly (because they’re all my clients) all of the interviewees use Profit First to manage their money. They all share how this has helped them feel safe and comfortable with their money. PS I can teach you how to do this too.

Fi Johnston x