Aug 27, 2021
Mark and Jesse discuss the role of forecasting in a business' budget, and why many businesses get stuck on "tracking" their finances, for tax purposes, rather than truly budgeting.
Mark Butler CFO
You Need a Budget
Aug 20, 2021
Jesse and Mark answer the questions -- when do you start paying yourself from the business? How much? Should you take distributions or draw a salary?
Mark Butler CFO
You Need a Budget
Aug 13, 2021
Jesse and Mark ponder the question: when has business done enough? Enough revenue? Enough profit? When has the business owner taken enough in salary and distributions? The answer may lead you to some uncomfortable questions and answers.
Mark Butler CFO
You Need a Budget
Aug 6, 2021
How you manage your financial systems is an indicator of how well you manage the rest of your business, says Mark Butler. Long lists of bank accounts, complicated credit card payment schemes... as businesses grow their financial systems becomes more complex, but without careful management, it's easy to let become a...