Everyone tells you to work on your business instead of in it. Nobody hands you the agenda for what that time is actually supposed to look like.

In this episode, I walk you through the exact 90-minute midyear CEO session I have run on my own business every year for 11 years. This is a step-by-step financial review for small business owners who want to check in on their numbers before the second half of the year. I cover how the session changes depending on your financial stage, what to review on your profit and loss statement and balance sheet, how to check your tax reserve against what you have actually paid, and how to reforecast your budget for the next six months. Whether your books need a cleanup or you are casting a 10-year vision, this episode gives you the full agenda.

In this episode of CEO Numbers Network, I break the session down by financial stage: foundation, empowered, and visionary.

You will learn how to review your P&L and balance sheet like a CFO, how to check your payroll, owner pay, contractor W-9s, and tax reserve, and how to reforecast the back half of the year against your long-term goals.

If you have ever blocked time to work on your business and ended up answering emails instead, this episode gives you the exact agenda to make those 90 minutes count.

👉 Discover how our CFO services can guide you through your midyear review: here

👉 Download the Mid-Year Checklist: kickstartaccountinginc.com/checklist

Key Takeaways

00:00 What "work on your business" actually means

00:58 Block 90 minutes. Become the CEO.

01:33 The three financial tiers explained

01:38 Foundation stage: clean books first

03:35 Empowered stage: review your P&L like a CFO

05:00 Payroll, owner pay, and contractor W-9s

07:33 The 25% tax reserve and mid-year check

08:24 Balance sheet: cash, debt, owner's draws

10:43 Visionary stage: 10-year, 3-year, 1-year

12:19 Reforecast the back half with your money team

Resources:

✨Download The Ultimate Dashboard for Business Owners for FREE here

📈 Book a strategy call with Danielle's team at Kickstart: here

👉 Check your books here

👉 Visit the Kickstart website

👉 Follow us on Instagram

Listen next

👉 Why You're Stuck: The Three Phases Of Financial Support

👉 Building a Business Worth Selling: The 7-Step Framework