Money Management For Small Businesses | 019
How you handle the money and finances in your business will make or break you. If you don't have a strategy and system to manage the cash flow each and every month - even when the numbers are small - you are headed for stress and trouble when both the good and the bad times come. Over the next two weeks I'm going to dive deep into how I handle the money in my business and give you some frameworks you can follow in yours. Today we're going to talk about the foundations of a healthy business: cash flow, paying yourself, and handling expenses, taxes, and profit.