The UK Tax and Accounting Podcast from I Hate Numbers:

Why should you use ratios to make financial judgments?  Well, are you curious how well your business is doing financially? Or maybe you're looking to acquire or invest in a business and want to know what to look for? Ratios are a great way to judge a company's financial performance. In this weeks podcast I'll go over the most common ratios and what they mean for your business.

To be a successful business owner, you need to be able to judge your company's financial performance. One way to do this is by using ratios. Ratios can help you see whether your company is making money and growing or whether it's struggling.

In this podcast I'll explain what ratios are and how to use them to assess your business' financial health. Check out the I Hate Numbers You Tube channel to see a worked example. use these example ratios as a guide. So, if you're interested in learning more about ratios and how they can help you gauge your company's financial well-being, listen to find out more!

In order to make good financial decisions for your business you need to know how to use ratios to make financial judgments.  Whether you’re the one in charge of making them or advising those who are- it’s important that you understand how to judge performance. Ratios are a popular and accessible way to do this, but there are many different ways to look at finances. No matter where you stand on the spectrum of financial know-how, I hope this video has helped introduce you to the basics of ratio analysis and shown you how informative and valuable it can be when used correctly.

Check this link to learn more about financial statements.  I invite you to join my Numbers Know How Financial Story Plan Community. I’d love to have you there!

Check out my I Hate Numbers YouTube channel,  Subscribe to I Hate Numbers now so you don’t miss an episode.  My book, I Hate Numbers will change your relationship with numbers and money, in a good way.  Check out what people have said, buy the book and make your own mind up, you won’t be disappointed.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Using financial ratios in business helps you understand how your business is performing beyond the headline numbers. A profit figure, cash balance or sales total can tell you something, but ratios help you compare, question and interpret those numbers. They can show whether profit is strong, cash flow is under pressure, assets are being used well, or risk is increasing.

This episode is for business owners, managers, charities, arts organisations and social enterprises who want to get more meaning from their financial statements. We look at what ratios are, where the information comes from, the four main areas of ratio analysis, and the limits of using ratios on their own.

Numbers are not just there to sit in a report. Every sale, purchase, wage payment, freelancer cost, success, problem and business decision eventually feeds into your financial statements.

Financial ratios help us take those figures and turn them into something more useful. Instead of looking at isolated numbers, we compare one number with another to understand what is really happening.

In this episode, we explain ratio analysis in plain English. We look at the source documents behind the numbers, the main areas that financial people examine, and why ratios need context before we make decisions from them.

Financial ratios matter because they help us make sense of business performance. A number on its own can be useful, but it does not always tell the full story.

For example, a profit figure of £50,000 may sound good. However, that number becomes more useful when we compare it with sales. If sales are £200,000, then profit is 25% of sales. That percentage gives us a clearer way to understand performance.

Ratios also help us compare performance over time. We can look at this year against last year, compare different parts of the business, or benchmark against other organisations where suitable information is available.

For a wider foundation, our episode on understanding your financial statements explains how the profit and loss, balance sheet and cash flow statement work together.

A ratio is a relationship between two or more numbers. In business, financial ratios help us compare figures so we can understand performance more clearly.

Ratios can be shown as percentages, fractions or simple numbers. The format matters less than the insight we get from the comparison.

For example, if your business makes £50,000 profit from £200,000 of sales, that tells us profit is 25% of sales. That is more useful than looking at the profit figure alone.

Financial ratios usually come from the main financial statements. These are the profit and loss account, the balance sheet and the cash flow statement.

The profit and loss account shows sales, expenses and profit over a period of time. It helps us understand whether the business made a profit or loss.

The balance sheet is a snapshot at a point in time. It shows what the business owns, known as assets, and what it owes, known as liabilities.

The cash flow statement shows money moving in and out of the business. It connects the dots between trading activity, spending, cash in the bank and business survival.

Understanding the language in these reports is important. Our guide to financial terminology for business owners explains terms such as profit, operating costs, assets and balance sheets in more detail.

Profitability ratios help us understand whether the business is making enough profit from its activity.

Gross profit margin is one common example. It compares gross profit with sales and shows how much is left after direct costs are taken away.

Net profit or operating profit margin looks further down the profit and loss account. It shows what remains after overheads and support costs have also been considered.

These ratios matter because profit helps build reserves, reward effort, support the team and create a more sustainable business.

Efficiency ratios look at how well the business uses its resources.

This is not about judging how hard one person works. It is about asking whether the assets, stock, people, space and systems in the business are being used well to create value.

For example, a retailer or manufacturer may look at how quickly stock turns into sales. Another business may look at profit per staff member, profit per square metre, or sales generated from available assets.

Liquidity means access to cash. A business may appear profitable but still struggle if cash is tied up in stock, customer accounts or slow payments.

Liquidity ratios help us look at whether the business has enough cash or near-cash resources to meet its commitments.

One useful measure is debtor days, also called receivable days. This looks at how long customers take to pay after receiving an invoice. The longer that figure grows, the more pressure it can put on cash flow.

Cash matters because without it, even a profitable business can face serious problems.

Risk and return ratios look at the reward generated from the risk taken in the business.

Every business carries risk. The important question is whether the return is strong enough for the level of risk involved.

This area can be useful for business owners, investors and decision-makers who want to understand whether the business is generating enough value from the money, time and resources invested.

Ratios can be powerful, but they are not perfect. We should not use them in isolation.

Good ratio analysis needs context. We need to look at trends, compare like with like, and consider whether the financial statements are reliable.

Technology and accounting software can produce many ratios quickly. However, more numbers do not automatically mean better insight. The real value comes from choosing the right ratios, asking better questions and understanding what the figures are telling us.

Financial ratios compare two or more numbers from your business accounts. They help you understand performance, profit, cash flow, efficiency and risk more clearly.

Financial ratios make large numbers easier to understand. They help you compare performance over time, spot trends and ask better questions about your business.

Ratio analysis usually uses figures from the profit and loss account, balance sheet and cash flow statement.

No. Financial ratios should be used with other information, including trends, business context, reliable records and your own knowledge of what is happening in the business.

• 00:00 – Why business owners need to understand performance
• 00:27 – Source documents and key areas of ratio analysis
• 01:18 – Mahmood’s background and purpose of the episode
• 01:48 – How business activity feeds into the numbers
• 02:21 – What a ratio means
• 03:00 – Profit and sales ratio example
• 04:16 – Why ratios help make numbers more manageable
• 04:52 – The three main financial statements
• 05:40 – Profit and loss account explained
• 05:40 – Balance sheet explained
• 06:51 – Cash flow statement explained
• 07:30 – Four key areas of financial ratio analysis
• 08:02 – Profitability ratios
• 08:41 – Efficiency ratios
• 09:08 – Liquidity and cash availability
• 09:48 – Risk and return
• 10:21 – Gross margin example
• 12:09 – Using assets efficiently
• 12:49 – Debtor days and cash flow pressure
• 14:26 – Limitations of financial ratios
• 15:01 – Final recap

• Understanding Your Financial Statements: Cash Flow, Profit and Balance Sheet
• Understanding Financial Terminology: Capital Expenses, Operating Costs and Profit
• What Is Profit? Gross Profit and Net Profit Explained

Using financial ratios in business helps us turn raw numbers into useful insight. Ratios can show how profitable the business is, how well resources are being used, how strong cash flow looks, and whether risk and return are balanced.

The key is not to calculate ratios for the sake of it. Use them to spot trends, ask better questions and make stronger decisions. Ratios are most useful when we combine them with reliable financial statements, business context and practical judgement.

Plan it, Do it, Profit.

The I Hate Numbers podcast helps business owners understand accounting, tax, finance, profit, cash flow, and business planning in a practical way. We simplify financial topics so you can make better decisions and feel more confident with your numbers.

You can also watch more practical finance and business support on the I Hate Numbers YouTube channel, or listen and follow on Apple Podcasts.

📘 Book

https://www.ihatenumbers.co.uk/i-hate-numbers-book/

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If you're a business owner, then measuring your financial performance, keeping track of it is essential to your success.  But do you know how to measure it?  In this podcast, I'll explain two important metrics for measuring your business's financial performance.

If you want to make sure your business is on track financially, keep reading!

No one ever said that being in business was easy – it takes a lot of hard work and dedication to be successful. But one of the most important things you can do is measure your financial performance so you can stay on track and make sure your efforts are paying off.

So listen to find out more for tips on how to measure your business's financial performance!

The bottom line is, measuring your financial performance is necessary if you want your business to survive and thrive. You need to know where you're at so you can make informed decisions about the future of your company.

That's why I want to share this podcast with you.  In it, I talk about how to do a financial review, two key numbers and what benefits you can expect from doing one.

I also introduce my Numbers Know How Financial Story Plan Community where business owners like you can come together to help each other grow and succeed financially.

If this sounds like something you want to learn more about, join my Numbers Know How Financial Story Plan Community, connect to my I Hate Numbers YouTube channel,  I’d love to have you there!

Subscribe to I Hate Numbers now so you don’t miss an episode.  My book, I Hate Numbers will change your relationship with numbers and money, in a good way.  Check out what people have said, buy the book and make your own mind up, you won’t be disappointed.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

If you're like most business owners, you think of being financially accountable as a necessary evil. It's something that you have to do, but it's not always fun or interesting. However, what if I told you that being financially accountable can actually be good for you? Believe it or not, there are a lot of benefits to being responsible with your money. So if you're looking for a reason to start tracking your finances, listen to find out more.

You've heard the saying "time is money." Well, that's especially true for entrepreneurs and small business owners. The more efficiently you use your time, the more money you make. Money management is essential to your success.  One way to improve your money management skills is to be more financially accountable.

So, being financially accountable is a good thing. How do you go about being financially accountable? By having a financial story plan and following it. What's your Northern star?

What's the end goal that you are working towards? Once you know that, everything else falls into place. You can start to map out how much money you need, where it needs to come from, what resources you'll be using along the way and all of the other bits and pieces that go into making up a successful financial journey.

If this sounds like something you want to learn more about, join my Numbers Know How Financial Story Plan Community, connect to my I Hate Numbers YouTube channel,  I'd love to have you there!

Subscribe to I Hate Numbers now so you don’t miss an episode.  My book, I Hate Numbers will change your relationship with numbers, in a good way.  Check out what people have said, buy the book and make your own mind up, you won’t be disappointed.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Are you interested in achieving business success ?  If so, read on ?

Wonder no more! Today, I will discuss the three essential steps you need to take in order to achieve success.

These three steps are summed up in the 3 As

• Firstly, Attitude
• Second, Approach, and
• Thirdly, Activity.

Let's explore each one in detail so that you can start using them today!

Anyone who's ever started their own business knows that it can be a daunting task. You're responsible for every aspect of your company, from marketing and sales to finances and production.

Running a business is not easy, being decent and kind to others in business and life is easy.  However with hard work and a bit of know-how, you can make your business a success.

And the best way to learn is to look at what works for others. By following these simple guidelines, you'll be on your way to making your company thrive. Let's get started!

So what are the things that you need to do in order to increase your chances of achieving business success? There is no one-size-fits-all answer.  However I can give you a few pieces of advice based on my own personal experience and the experiences of others.

First and foremost, work hard. Luck is a dividend of sweat. The more you sweat, the luckier you get- Ray Kroc . Don't be afraid to ask for help or take advice from those who have been successful. Finally, stay positive and keep your head up – remember that failure is not final!

I hope this podcast episode has helped clear some things up for you and given you a better understanding of how to achieve your own success.

Subscribe now so you don’t miss an episode.  For more business and finance, news, advice and tips, don’t forget to subscribe and watch our weekly videos on I Hate Numbers.

My book, I Hate Numbers will change your relationship with numbers, in a good way.  Click to find our more.  You can join our Financial Planning Story Community at Numbers Know How.  Planning tools, knowledge learning and development and so much more we are adding.  Click to discover more

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Why bookkeeping matters is simple: your business story is told through your numbers, and those numbers come from the records you keep. Good bookkeeping helps you track income, expenses, customers, cash, profit and tax information. It gives you more control, reduces stress, supports better decisions and helps you build a business based on facts rather than guesswork.

Why Bookkeeping is a Big Deal explains why bookkeeping should not be treated as a boring once-a-year job. It is the process that captures the financial transactions in your business and turns them into useful information.

We explain why bookkeeping matters, how it helps you understand where money is going, which customers are working well, what profit you are making, and how digital systems can make the process easier.

If you want a broader current guide to bookkeeping, our episode on Bookkeeping for Small Business is a useful next step.

Bookkeeping matters because every business needs reliable records. Every time you spend money, receive money, send an invoice, pay a supplier or collect from a customer, your business creates a financial transaction.

If those records are scattered across emails, drawers, filing cabinets, bank statements and receipts, the story becomes harder to read. Bookkeeping brings order to that chaos.

Once your records are organised, they can help you understand what has happened, what is happening now, and what decisions you may need to make next.

Every story needs words. Your business story needs numbers.

Those numbers come from the records you keep. Sales invoices, purchase receipts, bank payments, customer receipts and supplier bills all become the words in your financial story.

When we keep those records properly, we can understand the story more clearly. We can see what is working, what is not working, and where the business needs attention.

Bookkeeping is the process of recording, organising and tracking the financial transactions in your business.

It is not about creating a library of books. It is about bringing structure to the money coming in and going out, so the business has information it can use.

That information can support accounts, tax returns, VAT returns, planning, cash flow, profit reviews and everyday decisions.

Many business owners treat bookkeeping as a once-a-year exercise. They gather receipts, invoices, bank statements and notes, then send them to an accountant or try to turn them into accounts themselves.

That may produce annual accounts or a tax return, but it does not give the same value as regular bookkeeping.

Regular bookkeeping helps us see the business in real time. It gives us earlier warning signs, reduces anxiety and helps us make decisions before problems grow.

An effective bookkeeping system tells us where money is going, which customers are working well, what income is coming in, and where profit may be leaking away.

It also creates accountability. When we compare actual results with our plans, we can see whether the business is moving in the right direction.

That makes bookkeeping more than admin. It becomes a financial radar for the business.

Business decisions are stronger when they are backed by facts, evidence and numbers.

If you want to plan, save tax, improve profit, manage cash flow, review customers or understand what happens if circumstances change, you need records that can be interrogated.

Without bookkeeping, we are left with instinct, memory and guesswork. With bookkeeping, we have evidence.

Bookkeeping also supports compliance. Business records help us complete accounts, tax returns, VAT returns and other reporting obligations where they apply.

HMRC, Companies House or other regulators may need to see evidence behind the figures. That means records should support what goes into returns and accounts.

This compliance side should not be the only reason to keep records, but it is still an important one. Good records protect the business and reduce the stress of dealing with questions later.

The episode looks at three broad bookkeeping options: paper, spreadsheets and digital systems.

Paper can be simple, but it has limits. It is harder to interrogate, easier to damage and more difficult to search quickly.

Spreadsheets have their place. They can help with notes, summaries and analysis, but they can become cumbersome when the business needs more structure, automation and reporting.

Digital bookkeeping and cloud accounting give us more flexibility. They can connect with bank feeds, websites, apps and other systems, helping us record transactions and access information more easily.

Cloud accounting can reduce manual work, improve access to information and make bookkeeping more useful throughout the year.

Receipts can be uploaded from a phone. Bank activity can be connected to the system. Reports can be produced more quickly. Dashboards can show what matters most.

The value comes from using the system properly. Cloud accounting still needs good setup, good habits and regular review. Our episode on Cloud Accounting: Embracing the Future of Financial Management explains this in more detail.

Poor records create uncertainty. We may not know what profit we are making, what customers owe, what bills are coming, or whether we can afford future plans.

Good bookkeeping reduces that uncertainty. It helps us see the business more clearly and make decisions with more confidence.

That confidence matters. It supports better planning, better conversations with advisers and better control over the future.

• Are your sales invoices recorded properly?
• Are your purchase receipts and supplier bills organised?
• Can you see what money has come in and gone out?
• Do you know which customers owe you money?
• Do you know what suppliers or taxes need paying?
• Can you see whether the business is making profit?
• Can you support the figures in your tax return or accounts?
• Are you keeping records regularly, not just once a year?
• Would a digital bookkeeping system save time?
• Are your records helping you make better decisions?

Bookkeeping matters because it records the financial transactions in your business. It helps you understand income, expenses, profit, cash flow, customers, tax information and business performance.

No. Bookkeeping supports tax and compliance, but it also helps with planning, decision-making, profit improvement, cash flow control and understanding the story behind your numbers.

Spreadsheets can work for simple records, but they can become harder to manage as the business grows. Digital bookkeeping and cloud accounting can make records easier to update, search and use.

Cloud accounting can automate parts of bookkeeping, connect to bank feeds, store receipts, provide live information and make reports easier to access when records are kept up to date.

• 00:00 – Your business story is told through your numbers
• 00:41 – The I Hate Numbers mission
• 01:07 – Capturing financial transactions
• 01:42 – Power, knowledge and accountability from bookkeeping
• 02:23 – Bringing order out of record-keeping chaos
• 02:54 – Why bookkeeping makes business easier
• 03:28 – The once-a-year bookkeeping problem
• 04:04 – Why regular bookkeeping matters
• 04:38 – Records, compliance and regulators
• 05:20 – Records for tax, VAT and factual transactions
• 05:56 – Decisions based on evidence, not guesswork
• 06:33 – Recap: bookkeeping as a business necessity
• 07:11 – Paper, spreadsheets or digital systems?
• 07:49 – Limits of spreadsheet-powered bookkeeping
• 08:24 – Cloud accounting and digital systems
• 08:57 – Automation, bank connections and time saving
• 09:37 – Receipts, live information and financial planning
• 10:22 – Dashboards, monitoring and growth
• 10:58 – Why serious businesses need a bookkeeping system

• Bookkeeping for Small Business
• Bookkeeping: Capturing the Words to Your Business Story
• Cloud Accounting: Embracing the Future of Financial Management

Bookkeeping is a big deal because it gives your business the records, evidence and clarity needed to make better decisions.

Do not treat bookkeeping as a once-a-year chore. Use it to understand what is happening, reduce stress, support compliance, plan ahead and build a business based on facts.

Plan it, Do it, Profit.

The I Hate Numbers podcast helps business owners understand accounting, tax, finance, profit, cash flow, bookkeeping and business planning in a practical way. We simplify financial topics so you can make better decisions and feel more confident with your numbers.

You can also watch more practical finance and tax support on the I Hate Numbers YouTube channel, or listen and follow on Apple Podcasts.

📘 Book

https://www.ihatenumbers.co.uk/i-hate-numbers-book/

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https://www.ihatenumbers.co.uk/i-hate-numbers-podcast/

🌐 Website

https://www.ihatenumbers.co.uk

If you're like most people, at some point in your life you've felt like a fraud. Almost like you're not really qualified to do the job you're doing, or that someone is going to figure out you're a total fake and expose you for the fraud you are.

This phenomenon is known as Imposter Syndrome, and it's estimated that 70% of people experience it at some point in their lives.

In this episode of my I Hate Numbers podcast I'll explore

• Firstly, what Imposter Syndrome is
• Secondly why it happens
• Thirdly, looking at the five types of Impostor as identified by Dr. Valerie Young
• Lastly, Overcoming Impostor Syndrome – and it’s more than fixing you!

Listen to find out more

is a phenomenon that affects many people and can cause feelings of self-doubt and insecurity.

Sheryl Sandberg expressed the feelings of millions ‘There are still days when I wake up feeling like a fraud, not sure I should be where I am.’

There are millions of people who experience imposter syndrome at some point in their lives. It is said to affect about 70 % of people at some point in their lives.

Fame doesn’t make you immune, and high profile such as Michelle Obama, Michele Pfeiffer, Oprah Winfrey, Tom Hanks, Maya Angelou, and Mahmood Reza have all experienced Impostor Syndrome.

We are in good company.

So, if you’re feeling like a fraud and want to learn how to overcome imposter syndrome, watch to find out more

Why is Overcoming Impostor Syndrome such a big deal in business?  Well, as business owners, employers, and Entrepreneurs we want to get the best out of ourselves. That’s got to be a good thing.

Suppressing all those talents, skills and capabilities is not good for workplace cultures, driving your business forward and your sustainability. Did I mention that you are leaving money on the table by not Overcoming Impostor Syndrome?

In this weeks podcast I talk about what Impostor Syndrome is, the signs that you might be struggling with it, and how to start overcoming it. In short, if you feel like a fraud and constantly worry that people will find out you are not as smart or capable as they think you are, you might be experiencing Imposter Syndrome.

The good news is that there are things you can do to start building your confidence and feel more like a legitimate member of your field.

Subscribe now so you don’t miss an episode.  For more business and finance, news, advice and tips, don’t forget to subscribe and watch our weekly videos on I Hate Numbers.

Furthermore, my mission is to inform, inspire and educate you to get closer to your numbers.  You can make more profits, save tax and time, improve your well-being and your money mindset.  My book, I Hate Numbers will change your relationship with numbers, in a good way.  Click to find our more.

Help me to help you and others by subscribing and sharing this episode in your network.  Listen now and subscribe to I Hate Numbers, so I can send it straight to your inbox every week with all the latest updates.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Inexplicably completing forms SS-4 8832 are not at the forefront of people’s minds. Hear those words, and you may be looking for that drying paint.

However, if you are a non-US resident company receiving income from the United States, then you need to

• Firstly pause
• Secondly, listen to episode 119 of my I Hate Numbers podcast
• Lastly, watch the drying paint later.

Your nonresident income is liable to have 30% held back if you don’t complete form W-8BEN-E.  Check out episode podcast episode 68 for the audio, and my YouTube video if you want to see what goes in the form.

It doesn’t stop there.  If you are a business owner with just yourself as the only shareholder, then two more forms to add.  What are those forms I hear you ask.  Great question, Those forms are

IRS forms

• SS-4; and
• 8832

The idea of completing IRS Forms SS-4 and 8832 may make you feel like your head is going to explode. You're not alone! Completing these forms can be confusing, but it doesn't have to be.

In this weeks episode, I'll walk you through the process step by step, and make it as simple as possible.

You can ignore these forms if you wish.  That’s not such a good idea

Not completing and submitting form W-8BEN-E means your US client can and will have to withhold up to 30% of your US income. That's 30&% OF financial pain. Thanks, Uncle Sam!

What about forms SS4 and 8832? Well, not all tax jurisdictions are created equally. And the IRS does not recognise single member companies as corporations. So, step forward those extra forms.

So, there you have it. The process of reclassification for a single member shareholder company is made easier.  However, it is important to remember the two steps involved. Applying for an EIN and then form 8832.  Do you fancy seeing what the forms look like, and what goes into them?  Then check out my You Tube video , even better subscribe to the channel.

Don’t forget to download, subscribe and please leave a comment – that helps me write I love getting feedback from listeners – hearing from you helps me make my content even better. Thanks for tuning in!

Subscribe now so you don’t miss an episode.  For more business and finance, news, advice and tips, don’t forget to subscribe and watch our weekly videos on I Hate Numbers.

Furthermore, my mission is to inform, inspire and educate you to get closer to your numbers.  You can make more profits, save tax and time, improve your well-being and your money mindset.  My book, I Hate Numbers will change your relationship with numbers, in a good way.  Click to find our more.

Help me to help you and others by subscribing and sharing this episode in your network.  Listen now and subscribe to I Hate Numbers, so I can send it straight to your inbox every week with all the latest updates.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Do you ever find yourself putting off important tasks, like Procrastinating when Financial Planning ?  You're not alone. Procrastination can be a major obstacle to getting things done. But don't worry, there are ways to overcome it. In this blog post, we'll explore some tips for stopping procrastination when it comes to financial planning. So read on and get started!

Financial planning is an important aspect of any business, but it can be tough to get started when you're feeling overwhelmed or procrastinating. Here are a few tips to help you get started and stay on track.

If you're a business owner, it's important to have a financial plan in place. This will help you stay on track and make sure your business is doing well financially. There are a few things you need to include in your financial plan: your budget, your income and expenses, and your forecast. Having a financial plan will help you make informed decisions about your business' future. Check out our sister site Numbers Know How to get practical help and support . This will help you create a plan that works for your business. Don't wait - start planning for your business' financial future today!

So, there you have it. Procrastination in a nutshell. Now that we understand what it is and why it happens, let’s look at some ways to stop procrastinating and get moving on our financial story plan. Just remember, the key is making that connection between your goal and your financial story plan.  Once you do that, taking action becomes a lot easier. Are you ready to get started? Don't forget to subscribe to I Hate Numbers so you never miss another post and leave me a comment letting me know how you're planning on stopping procrastination in its tracks!

Thanks for joining me this week as I explored one of the biggest challenges facing entrepreneurs today.  How to reduce Procrastination  ! Don’t forget to download, subscribe and please leave a comment – that helps me write I love getting feedback from listeners – hearing from you helps me make my content even better. Thanks for tuning in!

Subscribe now so you don’t miss an episode.  For more business and finance, news, advice and tips, don’t forget to subscribe and watch our weekly videos on I Hate Numbers.

Furthermore, my mission is to inform, inspire and educate you to get closer to your numbers.  You can make more profits, save tax and time, improve your well-being and your money mindset.  My book, I Hate Numbers will change your relationship with numbers, in a good way.  Click to find our more.

Help me to help you and others by subscribing and sharing this episode in your network.  Listen now and subscribe to I Hate Numbers, so I can send it straight to your inbox every week with all the latest updates.

If you found this podcast useful then share this episode on social, leave a review on Apple podcast.  Connect with me on Instagram, YouTube, Twitter, LinkedIn and Facebook.

Are you one of those people who has a lot of good intentions but never seems to get around to doing anything? If so, you may be struggling with procrastination. Procrastination is the act of delaying or postponing something that needs to be done.

It can be tempting to put things off, procrastination can actually have some pretty negative consequences.

• Firstly, decreased productivity
• Secondly, lower quality work
• Thirdly, stress and anxiety

So how can you overcome procrastination and start getting things done? Check out these tips!

In this weeks I hate numbers. I am going to be talking about what procrastination is, how it manifests itself, the signs, the symptoms we can recognize, and more importantly, what we can do to improve procrastination so that it moves our business dial forward. Procrastination is a huge issue for many people because it keeps them from achieving their goals. It’s important to understand what procrastination is and how it affects us so that we can take steps to reduce its impact on our lives and businesses.

Conclusion

Thanks for joining me this week as I explored one of the biggest challenges facing entrepreneurs today.  How to reduce Procrastination  ! Don't forget to download, subscribe and please leave a comment - that helps me write I love getting feedback from listeners – hearing from you helps me make my content even better. Thanks for tuning in!

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