Are you building castles in the sand when it comes to your business finances? ? In this episode of "Bella In Your Business," we're diving deep into the world of financial management for pet business owners.
Join me as I unravel the mysteries behind bookkeepers, CPAs, and CFOs, shedding light on their vital roles in steering your business toward financial success.
Ever wondered how bookkeepers conjure order out of financial chaos? Or how CPAs work their magic to save you from tax nightmares? We're uncovering the secrets behind these financial wizards, empowering you to harness their expertise for your business's benefit.
From the ancient days of manual bookkeeping to modern strategies for financial mastery, we explore the evolution of small business finance and unveil the game-changing insights that can revolutionize your approach.
Whether you're a seasoned entrepreneur or just dipping your toes into the world of business ownership, this episode is your passport to financial enlightenment. Get ready to transform your business from a sandcastle into a fortress of financial prosperity!
This episode is brought to you by JazzHr!
Topics & Key Points:
The importance of bookkeepers, CPAs, and CFOs for small businesses
Financial management for small businesses
Importance of understanding business numbers
Timestamps:
[4:54]Bookkeepers, CPAs, and CFOs for small businesses.
[10:23] Financial management for small businesses.
[13:59] Importance of understanding business numbers.
Notable Quotes:
[3:08] "But unfortunately, without a bookkeeper, many of us end up with that sand castle, that's just you know, a box with a stick sticking out of it."
[6:33] " And then given your personal situation, whether you're married or single, you have dependents, you have other properties or assets or investments or insert here, the multitude of things, right. That's where a CPA comes in"
[10:12] "Or you really want to get aggressive with your retirement and savings accounts or you want to get aggressive with saving, because maybe you want to do investment properties, who knows. But whatever it is, you know, you want to have a real intrinsic strategy with your money. And that would be a CFO."
Resources:
Podcast: Bella in Your Business: Pet Industry Business Podcast
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JazzHR
Episode 215: Getting In Control of the Financial Numbers in Your Business with Jamie Trull
Episode 90: Questions To Ask Your CPA & Tracking Expenses for Tax Time
Episode 230: 10 Ways to Save Money on Your Taxes
Episode 138: Profit First With Mike Michalowicz
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Transcript:
Welcome, everybody to another episode of Bella in your business. My name is Bella Vasta. Today we're going to talk all about what I feel like we need to have more of a conversation about. I have talked about taxes, CPAs, bookkeepers, and things and other episodes. And I'll I'll, I'll respond to them, or give you those episodes as we kind of go when they come up. But I kind of want to talk about this on a high level. It's currently April 2024. And a lot of people are posting and talking and chatting, and there's a lot of chatter, about people being upset because they have to do extensions, or their CPAs just not getting back to them or giving them the time of day. Or they're just really trying to figure out how they should file and they're upset because they have not been advised. And I just want to give you a little bit of oversight over the years and years and years that I have been an entrepreneur for 22. And you know, I've 22 years of experience doing this. And I think that sometimes we're like, plug and play like, oh yeah, I have a CPA, I gave him my stuff.