Common Struggles: Everyday Questions for MKB

LinkedIn: https://www.linkedin.com/company/mills-knows-bills

Subscribe on YouTube for the latest from MKB: https://youtube.com/@MillsKnowsBills

00:00 Introduction to Mills Knows Bills

01:03 Today's Episode Structure

01:37 Common Financial Questions

02:35 Creating Accurate Budgets

05:05 Implementing Your Budget

05:31 Consistent Financial Reviews

09:32 Long-term Financial Planning

10:43 Conclusion and Next Steps

#financialpodcast #millsknowsbills #MKB #podcast #financialquestions #variableincome #smallbusinessfinance #entrepreneurfinances

Common Struggles: Everyday Questions for MKB | The Mills Knows Bills Podcast Episode 34, Season 4

Link to video podcast episode: https://youtu.be/k2w8dg0jWKE

Do you have your own burning financial question for Mills or the MKB team?

Contact her here:

LinkedIn: https://www.linkedin.com/company/mills-knows-bills

Subscribe on YouTube for the latest from MKB: https://youtube.com/@MillsKnowsBills

00:00 Introduction to Mills Knows Bills

01:03 Today's Episode Structure

01:37 Common Financial Questions

02:35 Creating Accurate Budgets

05:05 Implementing Your Budget

05:31 Consistent Financial Reviews

09:32 Long-term Financial Planning

10:43 Conclusion and Next Steps

#financialpodcast #millsknowsbills #MKB #podcast #financialquestions #variableincome #smallbusinessfinance #entrepreneurfinances

Previous Episode

Profit Margins: How to Raise Them

Profit Margins: How to Raise Them | The Mills Knows Bills Podcast Episode 33, Season 4

Link to video podcast episode: https://youtu.be/G5bPVlgrgHw

In this episode of the MKB Podcast, Mills is once again joined by fractional CFO Christian Wilson. Together, they tackle a common financial challenge faced by variable income earners: understanding and improving gross profit margin. The pair offer practical advice on renegotiating costs and vendor relationships, strategies for scaling service businesses effectively, and emphasize the importance of aligning business goals with personal aspirations.

Tune in to get the insights you need to make an informed choice for your business. Subscribe for more from Mills Bender and MKB on YouTube: https://youtube.com/@MillsKnowsBills

Connect with Christian: [email protected]

Do you have your own burning financial question for Mills or the MKB team? Contact her here:

LinkedIn: https://www.linkedin.com/company/mills-knows-bills

00:00 Introduction to Mills Knows Bills

00:49 Meet the Team and Today's Question

01:38 Understanding Gross Profit Margin

02:42 Improving Your Gross Profit Margin

06:26 Scaling Your Service Business

08:47 Aligning Business Goals with Personal Goals

10:53 Final Thoughts and Contact Information

#financialpodcast #podcast #millsknowsbills #entrepreneurialfinance #smallbusiness #variableincome #profitmargin #scalingbusiness

Next Episode

Financial Stress: What Causes It, and How Do We Fix It?

Financial Stress: What Causes It, and How Do We Fix It? | The Mills Knows Bills Podcast | Episode 35, Season 4

Link to video podcast episode: https://youtu.be/D7V0md9U_Mk

In this episode of the MKB Podcast, Mills addresses common financial stresses faced by blue collar business owners, with a focus on cash flow management. She discusses the root causes of financial stress, short-term fixes such as cutting expenses and collecting overdue receivables, and long-term strategies like negotiating vendor prices, raising prices strategically, and improving team efficiency. Tune in to learn how to master your money, maintain a steady cash flow, and turn your business into a profitable asset.

Do you have your own burning financial question for Mills or the MKB team?