You're not bad with money, and you're not disorganized—so why does managing your business finances feel like chaos? If you're constantly scrambling at tax time or unsure where your money is really going, you're not alone. The truth is, most entrepreneurs don't fail because they lack talent, but because they lack a financial system that works.

On this episode of Become Sensible, we break down why even successful six- and seven-figure business owners feel like they're flying blind when it comes to money and taxes. You'll learn how to create a simple, scalable financial system that gives you clarity, control, and confidence in your business finances. From bookkeeping strategies to tax-saving habits, we're covering everything you need to know to stop operating in reactive mode and start making data-driven financial decisions.

If you've ever felt overwhelmed by bookkeeping, tax planning, or cash flow management, this episode will show you how to get back in control. Let's fix your financial foundation so your business can grow with confidence!

Connect

• Follow me, Fiona Nguyen, on LinkedIn. Learn more about Balannx.

Timestamps

• 0:00 - Introduction: Why business finances often feel chaotic
• 2:12 - The common financial mistakes business owners make
• 5:07 - The importance of having a scalable financial system
• 7:45 - Why "winging it" with taxes will cost you in the long run
• 10:18 - The role of bookkeeping and financial data in decision-making
• 12:52 - How to set up tax-saving habits that reduce financial stress
• 15:36 - Managing cash flow to avoid the paycheck-to-paycheck cycle
• 17:58 - Building a financial system that grows with your business
• 20:44 - Key takeaways and next steps for better financial management

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