35 \\ Financial Systems (Part 3) | Tips for Small Business Financial Management

In this episode of the Being Better Everyday Podcast, I am talking about the ins and outs of managing small business finances, stressing how crucial it is to get a grip on profitability, to be diligent about setting aside money for taxes, and to keep a close eye on all expenses. Disclaimer once again, as someone with a finance degree and somebody that is securities licensed, nothing on this podcast is investment or financial advice or tax planning advice, nor is it affiliated with any organization other than P&W Designs. I'm coming at you as a bestie, sitting across from you with a hot cup of coffee, talking to a friend, and geeking out about finances.

 

I share my personal tips about leveraging accounting software like QuickBooks to streamline the process, using a bookkeeper, and the importance of regularly reviewing subscriptions to ensure they're still serving the business and the wisdom of making strategic investments. 

 

Throughout our conversation, I drew from my own experiences and the systems I've put in place in hopes to help you streamline your financial systems as a small business owner. 

 

Small Business Planning Workbook 

 

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Episode Outline: 

• Small Business Finances (00:00:59) 
• Tracking Systems (00:03:12) 
• Tax Reporting and Profitability (00:11:04) 
• Subscriptions and Business Investments (00:17:31)

If you enjoyed this episode please share with you work/business bestie and leave a rating & review! This helps the show reach more working millennial moms that are looking for systems, habits, and routines to become more intentionally productive!