Business finances for entrepreneurs can often feel mystical and even to the point where we question its existence. Money flies in and funds fly out and sometimes it moves so fast we could be fooled into thinking it’s a bit like a magical unicorn. Kerry and Kim are getting curious today and asking, ‘does your business money resemble a unicorn?’. A humorous question, for quite a serious topic, listen as Kerry and Kim discuss:
Margins and profits in our business. How much are we really spending? Do we have anything to show for it? Are our leftover funds burning a hole in our pocket?
When we first start a business and feeding the monster to keep the business afloat financially. Growing to a point of having surplus money and how that can teach us so much about ourselves as entrepreneurs.
Putting money aside for the taxman and creating a buffer so you don’t fall into a trap where the unicorns are stomping you down.
When you ask for a luxurious cappuccino and are served a budget cup of tea. The importance of budgeting and how it can upgrade your cup so you can enjoy every sip.
When unicorns take us in a different direction to where we want to go, the control centre can help reign in the fierce beasts. If you would like to gain access to the control centre template, assign jobs to your money, stay on track and pay attention to your funds and as mentioned in this episode the Biz Bean$ Club is the place to be https://www.kerryzarb.com/club.
Until next time, happy Biz Bean$ to you and see you again soon in the Simply Biz Bean$ virtual café 🙏
Cheers ☕ Kerry & Kim
No beans were harmed during the production of this podcast. Information contained in this podcast should be taken as general advice only and your personal circumstances have not been taken into account. It is recommended that you seek financial advice from a professional who is licensed to do so. If you choose to act upon the general advice shared, you do so at your own risk.