Introduction to The Course

COURSE OUTLINE

Strategy
- Introduction to The Course
- How an Amateur Approach’s Business Versus a Professional
- Ask These Initial Questions To Give Yourself A Clearer Vision
- Creating the The Three Year Vision For Your Business
- Setting Up Goals For Five Areas of Your Business
- How to Use Systems To Stay On Top of Everything
- Mod Quiz
Setting Up The Business
- What Business Structure Should You Have & How to Set Up The Banking Hint: Keep Business and Personal Separate
- Creating Your Personal Budget and How Much Do You Pay Yourself?
- 3-Ways to Finance Your Business and You can Combine a Few
- What Type of Insurance Is Right For You
Finance 101
- What is The Difference Between Accountants & Bookkeepers And When You Should Hire Them
- What Is The Difference Between Accounting & Bookkeeping
- How Transactions Turn Into Bookkeeping, Accounting and Financial Statements
- The Importance of Tracking Paperwork Flow
Financial Forecasting
- What is financial forecasting? And should everyone be using it?
- Creating A Budget & Cash Flow For People Who Don’t Like Creating A Budget & Cash Flow
- How to Read & Review Financial Statements Like A Boss
- The Key To Staying On Top of This Is Your Calendar
Stick to The Basics
- Having Strong Fundamentals Will Put The Power On Your Side
- Payroll Is Easier Then You Think & Yes You Can Do It Yourself
- Use Your Cash Flow To Identify What to Cut And What To Grow
BONUS
- Outsourcing the Bookkeeping
- Cash Flow