Keeping on top of my small business accounting needs was something that used to cause me a lot of grief.
Before I met Mitch Uzelac of MU Business Solutions and Edward Bernard of Formula Accounting, I often felt overwhelmed by the many tasks required to manage the financial aspects of my small business. I’m a communication specialist, not an accountant, and at times I felt completely bamboozled by those aspects of running Narrative Marketing.
So I out-sourced. Mitch is a cloud bookkeeping specialist and Ed is a tax accountant. They have the skills, knowledge and experience that I don’t possess but are essential to running my business successfully. If like me, you’re looking to improve how you manage your business finances, then this episode is for you.
In today’s episode of Be The Drop, we lift the lid on some of the less fun aspects of running a business, we chat about what they call “the Apple of accounting software”, and Mitch reveals the one thing that causes most businesses to fail…
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“You go into business to do your ‘thing’, not get buried under a whole load of paperwork.”
Listen now to this very special podcast episode about small business accounting (share this on Facebook!):
In this episode you will learn:
- How to ditch your financial management stress
- Essential add-ons that will help supercharge your business
- The importance of developing a budget and financial forecasting
- Why cash flow — not profit — is king, and how to improve it
- How technology is revolutionising the growth of small businesses
“Business owners are by definition good at something. But it’s not necessarily business administration!”
It was such a pleasure to have Mitch and Ed on Be The Drop because bringing them on board at Narrative Marketing has been absolutely amazing. It’s freed up my time and — as any small business owner knows — time is valuable, so now I can forget about my small business accounting dramas and concentrate on doing what I do best: serving my clients.
I can’t wait for the next installment of Be The Drop, to bring you more insights into the power of business storytelling. Everything we discussed in this episode makes sense to me. But does it makes sense to you? I’d love to hear your comments!
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