Unexpectedly, making friends with your numbers can lead to a world of financial stability and strategic business growth. In this podcast, uncover the secret to taking control of your finances and making informed decisions proactively, all while creating a spending plan that empowers your business. Discover how to not just track your numbers, but to use them as a roadmap for success, ensuring no financial surprises catch you off guard. Learn why it's not just about budgeting, but about creating a spending plan that allows you to thrive and grow. Stay tuned to find out how staying on top of your finances can lead to building the business and lifestyle of your dreams. It's time to take the driver's seat of your financial journey and pave the way for your business's prosperous future.
We're in control and we have all the power and we actually can tell our money what to do. But if we don't, then we're just going to wonder where it went. - Dawnette Palmore
In this episode, you will be able to:
Master financial management for business success and stability.
Develop a spending plan strategy for smarter financial decisions.
Set detailed financial goals effectively to drive business growth.
Discover the importance of tracking business finances for informed decision-making.
Make informed financial decisions proactively to steer your business towards success.
Develop Spending Plan Strategy
Prioritizing a spending plan over a traditional budget provides flexibility and allows for strategic planning based on comprehensive financial analysis. This involves predicting future expenses, including unexpected emergencies, and making the necessary adjustments to accommodate them. A well-rounded spending strategy ensures financial stability and can help your business navigate through uncertain times effectively.
The resources mentioned in this episode are:
Listen to episodes 87 and 89 of the Your Business on Purpose podcast to understand the importance of making friends with your numbers and creating a spending plan for your business.
Consider using accounting software to track your business finances in detail, including memberships and other expenses, to make more informed decisions about your spending.
Plan for future expenses, such as annual dues or emergency costs like computer or phone replacements, by creating a spending plan that accounts for these fluctuations in income and expenses.
Stay on top of your finances by regularly checking your business accounts for any fraudulent activities or unexpected transactions, and take action to prevent any unauthorized charges.
Seek professional help with managing your business finances, tracking, planning, and building a better business and lifestyle by reaching out to the expert for assistance.
Schedule a free consultation with Dawnette https://calendly.com/yourmoneyonpurpose/free30mins
Grab her free 10 Steps to Take Control of Your business
https://www.yourmoneyonpurpose.com/opt-in-e99e0685-8f20-4608-8915-85947f45c3fe
