Cash Flow with Pam Prior

Are you getting bookkeeping reports and you don't understand what they mean? How to train your bookkeeper to give you the information you need in a way that you can easily understand. Stop sorting through receipts and have your information organized so you are not in a mad scramble at the end of the year.  When do you need a bookkeeper? How do you find a bookkeeper that can help you? Jack Sweeney, Rich Dad Poor Dad, Robert Kiyosaki, Donand Trump Kevin Bupp, Tax Accountant, Finance, Accounting, CFO

In this episode Pam is going to start talking about the very basics of managing your cash flow. How to set the clear distinction between what's personal and what's business.  Learn the different levels or stages of a business and what level of financial management you need to consider at each level. Why is it so important to opening a business checking account as your FIRST STEP. How do you get access to cash you don't have yet and how you should use those funds. 

Have you ever wondered when you should or shouldn't get involved with business growth development training? What should your desired return on your investment be when you purchase training or attend an event? Learn the difference between the Personal Growth and Business Growth training What are the unseen costs of your investment such as travel, time away from work, food, etc... So many new entrepreneurs forget to consider this simple and cost cutting tips.

Struggle with the idea of hiring a CFO? Do you even know at what point you need to consider a CFO? Pam Prior is going to cover what are the trigger points for when you should hire a CFO What are the different types of CFOs you should be looking at What are the expectations for each role and what are the pay/value for that lead finance position in your company. Find your "Friend in the Foxhole" the right way and don't jump on board to quickly with the WRONG person!

Trouble looking at the expenses of your business? What you will learn in todays episode: - How to look at the expenses of your cash flow - Get the essential information you need to grow your business - Determining what is important on your expeses and so much more... These simple and easy to you techniques are going to make understanding your financial expenses fun and easy!

Cover four main points you need to focus on when learning how to do your cash forecast. In todays episode we will cover: - How to start paying down your debt - Getting past the feeling of "things are falling apart" - How to grow your business at the same time and so much more... This QUICK episode is going to break down the "how" into something SIMPLE & FUN!

Break down the "Why" of your business finances and see your cash in what we call a "Cash-flow Forecast" What we will cover in todays episode: - Identifying the "why" of your business and why that is so important  - Simple steps you can take to avoid the pitfalls many business owners make Grow your business the right way and avoid the costly mistakes that many new entrepreneurs make!

Is going to cover how you determine what level of help and support you need in your business finances.  - What are the necessities for someone who is just starting out in a business - What levels require you to have certain support levers in place - What do the next two stages of your business mean to your finances - What questions you should be asking your self about the growth and final vision of your business and how they impact your financial decisions today

Make sure the financial reports you see give you CONTEXT FOR DECISION MAKING. Otherwise they're a waste of your time! Here are two steps - easy ones to tel your bookkeeper - in the right direction. - What to ask for from your bookkeeper or accountant - Knowing what your business levers are - What creates the numbers and what you can do to change them - How to surround your financial with the contexts of Time and Expectations - How to quickly get the information you need

Need to get more out of the money you're already spending in your business? Today I am going show you how to find Peace of Mind with your finances and get the most out of your money! - What accounting differences a successful business that lasts has over one that fails in a short period of time - Avoid being a business with a lot of revenue that still fails - Turning the data you save for your taxes into a tool that give you a clear path of your financials and how to change those numbers

Have you ever given a discount on your product or service to a customer? Don't cheapen the value of your products or services, discounting can turn your customers into nightmares and your business finances into ruins. Learn how to avoid falling into the pitfalls many new business owners make when they barter or offer discounts. Find out why many entrepreneurs offer these discounts in the first place.

Pam Prior will interview with author, entrepreneur, and lecturer Michael Michalowicz to talk about what you need to know as an business owner to grow your business by performing the right role. Break down what your QBR (Queen Bee Role) is and what your big promise and big activity is to your consumers. Stop grinding it out 1000 hours a week, being an entrepreneur is hard but smart work https://www.mikemichalowicz.com/books/

Find out the Why,How,and What of Cashflow! Segment 1: Learn exactly Why,How,and What to do about a Cashflow Forecast and find out how important it is for your Business Segment 2: 2 of the most hated words in any Entrepreneur's vocabulary is Budget and Forecasting. Segment 3: Do I need a business checking account? That's the question on every Entrepreneur's mind,find out why you really DO need to take this important step. Segment 4: What the heck is EBITDA?

Ask yourself "What kind of value will a CFO bring to my Business?"

When it comes to Accounting and Financing,no business owner should ever feel foolish for asking questions. There are 3 very fixable reasons that have driven you to the point of not knowing.