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Business Growth Entrepreneurship Wealth

049:  Master Your Business Finances

If you’re an entrepreneur, one of the most important aspects of your business is finance. After all, if you’re not comfortable with keeping track of your income and expenses, how will you ever be able to grow and expand? 

But mastering business finance can seem complicated at times—especially when dealing with daunting paperwork and taxes. Don’t let this deter you from achieving success! 

In this episode, I talk about how you can master your business finances. Whether you’re a budding entrepreneur or a seasoned business owner, if there is one thing that we all need, it’s the importance of mastering our finances. 

Knowing how to manage your business finances can be overwhelming – especially when you don’t know where to begin – but gaining an understanding of your financials is absolutely essential if you want to create and maintain long-term success. 

Tune into today’s episode to learn more about how you can master your business finance.  

IN THIS EPISODE, YOU’LL FIND OUT…

  • The power of having multiple bank accounts (01:34)
  • How to apply the profit-first mentality (03:07)
  • The bank accounts you must have (04:42)
  • Action steps to get started in mastering your business finances (07:11)

QUOTES

“Your cash flow will determine whether you survive as a business, or you die.” -Carl Taylor

“You cannot look at your business bank account as your own personal piggy bank.” -Carl Taylor

WHERE YOU CAN FIND CARL TAYLOR
Automation Agency
CarlTaylor.com.au
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Like this episode? Have topics that you would like us to discuss?  We’d love to hear your feedback and comments. Let us know by leaving a comment below.