Ever feel like your business is thriving, but you can't seem to keep up with the finances? Brandee Gaar, a luxury event planner and wedding industry thought leader, found herself in this exact situation. In this episode, she shares how embracing budgeting and forecasting transformed her business, helping her navigate seasonal fluctuations, ensure consistent payroll, and plan for sustainable growth.

Join host Danielle Hayden and guest Brandee Gaar as they dive deep into the world of business financials, exploring how budgeting goes beyond just tracking revenue. Discover how to leverage all your business data to monitor progress, align spending with your goals, and avoid tax surprises. Tune in to learn how budgeting can provide you with financial clarity and peace of mind!

 

Key Takeaways:

• Budgeting gives business owners the freedom to invest in their business with confidence.

• Reforecasting can help you manage cash flow, minimize tax burdens, and navigate seasonal changes in your business.

• Creating a realistic budget aligned with long-term goals is crucial for business success.

• Active involvement in your finances is key to making smart business decisions.

 

Topics Discussed:

Why budgeting is the backbone of a business (1:25)

Forecasting to navigate seasonal changes in business (4:37)

Budgeting versus goal setting (8:45)

Using your numbers to accurately (11:00)

Reforecasting strategies and budgeting tips (13:08)

Budgeting for the season of your business (18:35)

Tax planning and long-term financial strategies (20:29)

How to become an active player in your business (24:53)

 

Resources:

Learn more about Kickstart Accounting Inc.’s CFO Services! http://www.kickstartaccountinginc.com/CFO

 

Connect with Brandee Gaar:

Website | https://brandeegaar.com/

Instagram | https://www.instagram.com/brandeegaar/

Youtube | https://www.youtube.com/@brandeegaar

 

Connect with Kickstart Accounting Inc.:

Instagram | https://www.instagram.com/Kickstartaccounting

YouTube |  https://www.youtube.com/@businessbythebooks

Facebook | https://www.facebook.com/kickstartaccountinginc