Get Those Financials in Good Shape

 

Get ready to hear me answer your burning questions as we wrap up this season on money, metrics and measurement! Stephanie Rainey is here again and she’s got the questions you’ve been sending in all queued up and ready to go. 

 

 

When it comes to business finances there are a lot of variables that can affect your bottom line, like who is managing your money and how much money you have available to risk in order to grow your revenue. It can leave you with questions like, is my accountant the one who should be managing the books? What is the best software to track our expenses? 

 

 

Listen in to hear why you need to take charge of how your finances are reported, not by doing your books yourself necessarily, but by taking the lead on how you want your bookkeeper and accountant to prepare your reports (like your profit and loss statement). If you’ve been letting your accountant run the show, this is a great opportunity to hear how you can empower yourself and become intimate with your financial statements to exponentially grow your business and avoid end-of-the-year tax surprises.

 

 

Are you considering working with a co-production company for your digital products? A co-producer is basically a company that will create a strategy for you, the expert and then build sales funnels, copy, ads and design to help you sell your digital products. In this episode I share what I think of co-production and tell you the story of what happened when I put another person in charge of my marketing. 

 

 

What’s in This Episode   

1. Who should manage your bookkeeping - a bookkeeper or accountant 

2. How to repay Covid relief funding without penalty

3. How to tell if your bookkeeper is right for you 

4. Different levels in profitability and how this affects your taxes

5. Why I’m not using Freshbooks as my accounting software

6. Bookkeeping with different currencies 

7. Protecting the money that you have vs. risking for revenue growth

 

 

What To Do Next

Visit lisalarter.com/e40 for the transcript and all resources from this episode.