Modern CEOs – How to Stop Overcomplicating Money in Your Business

by | Jan 8, 2021 | Blog, Right On Time Podcast


[00:26] “It’s incredibly important that we look closely at our numbers and we look closely at our financials as we are growing our businesses.”

[00:48] “Take a look at your financials daily — what's coming in and what's coming out”

[01:13] “You might look at your numbers differently at different seasons.”

[01:57] Strategy on how to determine and manage your profit

[02:20] What is a profit margin

[02:45] How to track your profitability for the year 2021

[03:13] “What gets measured, gets done. Gets our focus. Gets our attention.”

[03:31] Difference between the sales number and revenue

[04:19] Ways to augment your money review using simple tools

[04:41] How looking at your revenue provides momentum

[05:02] “Everytime a sale comes, we're doing the happy dance.”

[05:19] Should you track your expenses individually?

[06:39] “Having your eyes on this is gonna fuel you and give you so much more awareness around your financials.”

[06:55] When to do your financial review

Hi, I’m amber!

Eternal optimist, lover of dance parties, here to get more of you in the world and help you grow your dream business.


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