#20: MOVING IN THE RIGHT DIRECTION INVOLVES COURSE CORRECTION
09/19/24 • 13 min
In this episode, I discuss the importance of reassessment and course correction in both life and business. Just like a road trip, the path to business success is rarely straightforward. There will be roadblocks, detours, and unexpected turns, but staying flexible and open to change is key. We'll explore how to handle these shifts, whether due to external factors like a global pandemic or internal desires for a new direction. I also elaborate on the importance of understanding your numbers and how a solid financial foundation can guide your decisions when it’s time to pivot. The key word today is pivot! 😉
Helpful Resource: Free Estimated Tax Guide
Email us with any questions you’d like answered in future Q&A episodes!
Recommended payroll software (affiliate link):
ADP
GUSTO
Recommended bank and the one I use in my business (affiliate link):
RELAY BANK
QuickBooks Online is my go-to accounting software. Get the best discount possible (30% off for 12 months) when you buy with my affiliate link below, through Complete Business Group. Message me at [email protected] with any questions regarding signing up.
SIGN UP FOR QUICKBOOKS ONLINE
My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
Check out all my FREE financial resources in one place
Follow me on social media:
Facebook
Instagram
LinkedIn
Pinterest
Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.
In this episode, I discuss the importance of reassessment and course correction in both life and business. Just like a road trip, the path to business success is rarely straightforward. There will be roadblocks, detours, and unexpected turns, but staying flexible and open to change is key. We'll explore how to handle these shifts, whether due to external factors like a global pandemic or internal desires for a new direction. I also elaborate on the importance of understanding your numbers and how a solid financial foundation can guide your decisions when it’s time to pivot. The key word today is pivot! 😉
Helpful Resource: Free Estimated Tax Guide
Email us with any questions you’d like answered in future Q&A episodes!
Recommended payroll software (affiliate link):
ADP
GUSTO
Recommended bank and the one I use in my business (affiliate link):
RELAY BANK
QuickBooks Online is my go-to accounting software. Get the best discount possible (30% off for 12 months) when you buy with my affiliate link below, through Complete Business Group. Message me at [email protected] with any questions regarding signing up.
SIGN UP FOR QUICKBOOKS ONLINE
My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
Check out all my FREE financial resources in one place
Follow me on social media:
Facebook
Instagram
LinkedIn
Pinterest
Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.
Previous Episode
#19: QUARTERLY FOCUS IN YOUR BUSINESS
In today's episode, I’m discussing quarterly focus for your business. I’ll talk about what every business owner needs to focus on each quarter—like taxes, payroll, and goal setting. I'll walk you through the nitty-gritty of estimated and payroll taxes, highlight key tax deadlines, and discuss the importance of quarterly goal-setting and evaluation for sustained business growth. Grab your calendar and get ready to plan each business "season" for maximum impact!
Mentioned Resource: Free Estimated Tax Guide
Previous Episodes:
- #11: UNDERSTAND YOUR PROFIT & LOSS LIKE A BOSS
- #12: UNDERSTAND THE MEAT OF YOUR BALANCE SHEET
- #15: HOW TO STAY ON TRACK WITH ESTIMATED TAX
Email us with any questions you’d like answered in future Q&A episodes:
[email protected]
Recommended payroll software (affiliate link):
ADP
GUSTO
Recommended bank and the one I use in my business (affiliate link):
RELAY BANK
QuickBooks Online is my go-to accounting software. Get the best discount possible (30% off for 12 months) when you buy with my affiliate link below, through Complete Business Group. Message me at [email protected] with any questions regarding signing up.
SIGN UP FOR QUICKBOOKS ONLINE
My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
Check out all my FREE financial resources in one place
Follow me on social media:
Facebook
Instagram
LinkedIn
Pinterest
Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.
Next Episode
#21: 4 OF THE SMARTEST THINGS YOU CAN DO AS AN ENTREPRENEUR
In this short but impactful episode, I’ll share the 4 smartest financial habits every entrepreneur needs to adopt. Whether you're a seasoned business owner or just starting out, these essential practices will help you organize your finances, protect your assets, and guide your business toward success.
Resources Mentioned:
- Episode 2: Don’t Fudge It Just Budget
- Episode 11: Understand Your Profit & Loss Like a Boss
- Episode 12: Understand the Meat of Your Balance Sheet
Helpful Resource: Free Estimated Tax Guide
Email us with any questions you’d like answered in future Q&A episodes!
Recommended payroll software (affiliate link):
ADP
GUSTO
Recommended bank and the one I use in my business (affiliate link):
RELAY BANK
QuickBooks Online is my go-to accounting software. Get the best discount possible (30% off for 12 months) when you buy with my affiliate link below, through Complete Business Group. Message me at [email protected] with any questions regarding signing up.
SIGN UP FOR QUICKBOOKS ONLINE
My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
Check out all my FREE financial resources in one place
Follow me on social media:
Facebook
Instagram
LinkedIn
Pinterest
Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.
Financially Adjusted - #20: MOVING IN THE RIGHT DIRECTION INVOLVES COURSE CORRECTION
Transcript
Hey friend! Leslie Roth here. Welcome back to Financially Adjusted. I am so excited to get into today's topic which is all about course correction in your business.
Every aspect of life requires reassessment and course correction in order to head in the direction of your goals. When it comes to your business, this is no different.
I like to compare any journey to meeting a goal with navigation on a road trip. When you think of going on a road trip and having that end goal destinati
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