Financial Bare Bones Basics for Your Business

Sidekick COO

29-12-2022 • 11 mins

This is a NO MATH guide for small business owners, solopreneurs, or entrepreneurs, on how to best deal with revenue and other financial issues. This is the easy way to know the numbers in your business and understand what you're doing that's profitable or not profitable.

  • 00:00 Introduction

  • 00:30 "Entrepreneurial Mindset People"

  • 01:25 What you're more like

  • 02:15 The first, biggest, most important things you outsource

  • 02:47 Why you need a bookkeeper and accountant

  • 04:30 What good accountants will do

  • 05:18 Ask your bookkeeper to explain anything that looks confusing or out of place

  • 05:38 When to tell your bookkeeper/accountant about changes

  • 06:25 The kinds of things that change all the time

  • 07:44 Cashflow basics

  • 08:58 Your personal net worth (and Financial Planners)

  • 10:55 Summary

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