Have you been checking your bank account amount all the time to see if you have enough money? Or perhaps you rely solely on your profit and loss statement in QuickBooks to gauge your financial health? Now is the time to take charge and improve your financial reports with Nathan Jenson.
In this episode, we talk about:
- Financial reporting methods: checking account reporting, P&L analysis, and understanding metrics
- Warning against relying solely on checking account reporting as it can lead to bounced checks
- The importance of having accurate data and a book to track financial information
- Using tools like QuickBooks or a dashboard to determine available funds after all transactions have cleared
- Difference between profit and cash flow and the importance of managing both effectively.
Mentioned:
Nathan's LinkedIn Account
E-Myth book
Nathan's Website - zerotocfo.com
Nathan's email address - [email protected]
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Supercharge Your Sales - Sales Accelerator
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
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