210: Finance for Agencies

<p><span style="font-weight: 400;">Though making money is a key goal of any business, many business owners aren’t very financially savvy. If you’re a business owner that simply hands off your finances to a bookkeeper without involving yourself at all, you’ll likely have a finance problem at some point in time.</span></p> <p> </p> <p><span style="font-weight: 400;">In this episode of the</span> <em><span style="font-weight: 400;">Working Without Pants</span></em> <span style="font-weight: 400;">podcast, I discuss the importance of understanding your business’s finances and provide some useful tips to start becoming more financially literate.</span></p> <p> </p> <p><span style="font-weight: 400;">Many entrepreneurs don’t consider themselves “finance people,” but that line of thinking will negatively impact their business at some point or another. Though bookkeeping may not be your strong suit, it’s important to educate yourself to make informed business decisions based on your books.</span></p> <p> </p> <p><span style="font-weight: 400;">Gaining a better understanding of your books and finances will allow you to set a realistic and predictable salary month after month. It will also allow you to maintain clean and actionable books, which is vital if you ever want to sell your business. Furthermore, taking control of your finances will reduce a lot of stress and chaos for you and your business.</span></p> <p> </p> <p><span style="font-weight: 400;">Want to work with me as an advisor?</span> <span style="font-weight: 400;">Visit</span> <a href="https://jake-jorgovan.com/coaching"><span style= "font-weight: 400;">jake-jorgovan.com/coaching</span></a><span style="font-weight: 400;">.</span></p> <h3><span style="font-weight: 400;">Resources: </span></h3> <ul> <li style="font-weight: 400;" aria-level="1"><a href= "https://www.vidyard.com/podcast/nopants/"><span style= "font-weight: 400;">https://www.vidyard.com/podcast/nopants/</span></a></li> <li style="font-weight: 400;" aria-level="1"><a href= "https://contentallies.co