How To Spot Money Leaks And Boost Your Bottom Line With Colin Sanburg Cash & Sass podcast

How to Spot Money Leaks and Boost Your Bottom Line with Colin Sanburg

1M ago 35:01

المحتوى المقدم من Lisa Marie Robinson. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Lisa Marie Robinson أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

In this episode of the "Cash and Sass" podcast, Lisa Marie, the "sassy wealth queen" and founder of Sassy Wealth Coach, chats with Colin Sanburg, a multi-business owner and founder of Fin Elevate. We dive into simplifying small business finance, focusing on understanding financial statements like profit and loss (P&L) and cash flow. Colin breaks down complex financial data into digestible parts and emphasizes the importance of key performance indicators (KPIs) for business owners, especially in service-based industries. We also discuss the significance of time tracking, managing inventory, and making strategic hiring decisions.

Understanding the complexity of financial statements, particularly profit and loss (P&L) statements and cash flow.
The importance of breaking down financial data into simpler, more digestible components.
Differentiating between P&L statements and cash flow statements for better financial insight.
Introducing a "simple profit formula" to categorize P&L statements into key areas.
Identifying and tracking core key performance indicators (KPIs) for service-based businesses.
The significance of time tracking for optimizing operations and improving efficiency.
The role of technology and artificial intelligence (AI) in enhancing business productivity.
Managing inventory and costs to prevent cash flow issues.
Making strategic hiring decisions and understanding the implications for business scalability.

Reach out to Colin Sanburg:

Links:

www.finelevate.com

https://www.linkedin.com/in/colinsanburg/

https://www.facebook.com/the.finelevate/

https://www.instagram.com/the.finelevate/

https://www.linkedin.com/company/finelevate/about/

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42 حلقات

Understanding the complexity of financial statements, particularly profit and loss (P&L) statements and cash flow.
The importance of breaking down financial data into simpler, more digestible components.
Differentiating between P&L statements and cash flow statements for better financial insight.
Introducing a "simple profit formula" to categorize P&L statements into key areas.
Identifying and tracking core key performance indicators (KPIs) for service-based businesses.
The significance of time tracking for optimizing operations and improving efficiency.
The role of technology and artificial intelligence (AI) in enhancing business productivity.
Managing inventory and costs to prevent cash flow issues.
Making strategic hiring decisions and understanding the implications for business scalability.