Watch this episode on YouTube HERE!
Most small business owners don't start out as financial experts - and that's exactly why 8 out of 10 small businesses fail. In this episode, I sit down with Megan Schwan, CEO and founder of Sidekick Accounting Services, to talk about how to set your business up for financial success.
Megan has spent over two decades in accounting and has helped thousands of business owners understand their numbers, implement smart tax strategies, and build businesses that last. She's also a certified Profit First Professional, helping entrepreneurs prioritize profitability and cash flow so they can thrive no matter what the economy brings.
What you'll hear in this episode:
- Why separating your business and personal finances is critical to your mindset and growth
- Simple first steps to get control of your business finances (even if numbers aren't your strength)
- How to recession-proof your business with savings and pricing strategies
- Common mistakes business owners make when it comes to expenses and marketing
- How to know if your business model is truly profitable - or if it's time to pivot
- When to hire and how to make sure you're financially ready
Whether you're just starting out or scaling your business, Megan shared practical strategies you can use today to improve cash show, cut overwhelm, and build a business that supports both your goals and your lifestyle.
Connect with Megan Schwan & Sidekick Accounting Services:
Website; www.sidekick-accounting.com
LinkedIn
Facebook
Instagram
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www.kirstenflory.com
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