The Benefits of Financial Coaching for Small Business Owners

06/12/23 • 12 min

There are many types of business coaches. Some focus on C-Suite or Executive level coaching, many focus on mindset, and still others choose to focus their coaching efforts on the business as a whole. The most effective coaches leverage data and information from the business itself in order to deeply understand the story within.

On today's episode of the profit plot, we're discussing Financial Coaching. What is a financial coach, and how can one help your business grow? Working with a Financial Coach in your business can allow you to build a truly robust and effective system for translating and communicating financial data. With the right help, you can turn your data into actionable insights that ultimately help you grow.

🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story

📧 Want more episodes of the Profit Plot sent to your inbox? Sign up for our free newsletter: https://view.flodesk.com/pages/647fb5f380b41008f5634f46

🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story

📧 Want more episodes of the Profit Plot sent to your inbox? Sign up for our free newsletter: https://view.flodesk.com/pages/647fb5f380b41008f5634f46

Previous Episode

Understanding the Basics of Business Finance: A Beginner's Guide

Business finance feels like an ethereal topic to most entrepreneurs. It's complex and confusing, and at the same time, incredibly important. Your understanding of your small business's finances is directly related to the overall success of your business. Without in-depth knowledge of your company's numbers, you're stuck on a quest for success without a map.

In today's episode, Jeremy walks through the basics of business finance for small business owners. We'll answer basic questions together like, what is business finance? Why is financial control important for small business owners? We'll also discuss some best practices for financial management.

🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story

📧 Want more episodes of the Profit Plot sent to your inbox? Sign up for our free newsletter: https://view.flodesk.com/pages/647fb5f380b41008f5634f46

Next Episode

Understanding Financial Statements: How to Analyze Your Business's Financial Health

Proft and Loss. Balance Sheet. Statement of Cash Flows. These statements illicit anxiety and fear in some entrepreneurs while bringing confidence and clarity to others. Your financial statements are vital documents that uniquely illustrate your business's story! Understanding and analyzing these statements is a critical component of building a successful business.

In today's episode of the Profit Plot, we'll discuss the key financial statements you should be looking at, how to read them, and what insights you can uncover when reviewing them often. If you want to unlock your business's financial story, your financial statements are where you must look to first.

🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story

📧 Want more episodes of the Profit Plot sent to your inbox? Sign up for our free newsletter: https://view.flodesk.com/pages/647fb5f380b41008f5634f46