Why I love business finances & you should too

If you found yourself on this blog then you are likely an entrepreneur that is trying to understand their business finances, you may have even tried to avoid confronting that monster in the corner that has been causing undue stress and anxiety. Finance doesn’t need to be that monster anymore and we are going to talk about why.

Business finance at its core is the strategy and system a business uses to allocate their financial resources.

When the finances in your business don’t make sense like low cash-flow, low funding, this is actually a symptom rather than the root cause. What I find is we get mad at the money instead of thinking about it as a tool. The finances in your business can speak to you in a whisper or blow-horn. It all depends on if you are listening.

There are usually signs that your finances will show you before you notice them yourself, like low profit margins, increased costs, and unexpected expenses. When we regularly review our finances we are better equipped to tackle risks before they become huge problems for your business.

The next time you sit down to review your business finances, I want you to ask what are the numbers trying to tell me about my business?