As a business owner, you are uniquely positioned to build wealth. I want to show you how to achieve that. My vision for small business owners is to show you how to build your wealth and teach you the business financial information you need to oversee as your business owner to make a profit. Profit is the reason businesses are in business, and I want to elevate your business financial literacy so you can run the most profitable business possible.
Wealth is not measured by how much money you bring into your business. You can have millions in sales yet still go bankrupt. Profit elevates the value of your business, and with good money management skills, you can elevate your net worth through your business.
The secret to getting rich is through money management, which means managing your business and personal finances well. So, follow She Means Profit™ here on the blog and listen to the She Means Profit™ podcast to learn about financial management in your small business.
Sign up for the 5-Step Roadmap to a Profitable Biz and receive regular valuable emails from the She Means Profit™ team.
My name is Melissa Houston, and I am a business finance coach. I have been a CPA for over 20 years. I have worked with hundreds of business owners and individuals and have taught them the importance of understanding their business numbers to help make them rich. Considering that 82% of businesses go bankrupt due to financial mismanagement, it is well worth your time to learn about business money management.
The common thread I have seen with business owners is that they don’t know how to manage their business finances. There are feelings of overwhelm and fear to look at your numbers because you’re afraid of what you’ll find. I get it, it can be difficult. Money is very emotional. We tie our value to how much money we have in the bank.
Chances are you started your own business to offer the world what you feel passionate about, and I’d bet that the idea of managing the money in your business was a random thought. You probably thought your accountant would do that for you. Not so!
Business owners need to know how to oversee their business finances. Knowing your numbers allows you to have intelligent conversations with your bookkeeper, accountant, and other business owners. Key performance indicators such as net profit margins, gross profit, and inventory turnover will be understood. You can hold your own in a business conversation.
No, you don’t need to be an accountant, but you do need some financial savviness to know how to create a profitable business that will be in business for the long term. And I am here to help you understand all of it.
Start by grabbing your free 5-Step Roadmap to a Profitable Biz and welcome to the community! I look forward to getting to know you!
