Podcast

Managing your agency finances

S32-E7 - Featuring

February 26, 2020

Managing your agency finances

Do you know what is in your bank account, who owes you what, and what you have to pay out? It’s likely you don’t as running an agency is time intensive and demanding. Finances become something we dread at the end of our financial year as we hand over a box of receipts to our accountants, unsure if we will be able to pay our tax bills.

It need not be like that. In today’s episode I am going to talk you through a very simple framework for managing the financial health of your business.

In this episode we:

  • Explore the impact of poor management
    • Spending decisions
    • Cashflow
    • Mental health
  • Review our simple finance process
    • Quotes
    • Invoicing
    • Reconciling
    • Expenses
  • Discuss responsibilities
    • Who should do what
    • What you should outsource
  • Recommend management tools
  • Share best practices that have helped us
    • Follow up tasks
    • Reports
    • Reviews
    • Automation

If you would like to control your money, rather than your money controlling you, then this episode is for you! No previous finance skill needed.

Mentions

Kyle Van Deusen of the Admin Bar – click here.

Episode 251 – How to manage leads – click here.

Leave a Reply

Your email address will not be published.

Search

Got a specific topic in mind you want to check out? Use the search below:

Subscribe to the podcast

Subscribe to our channel

Never want to miss out on a video again? Head on over to our YouTube channel and click subscribe!

More Episodes

Treat your ear drums to more from the Agency Trailblazer Podcast with these awesome episodes.

Season 43 - Episode 5
Outsource one small task

Outsource one small task

Listen now
Season 43 - Episode 4
Cancel a subscription

Cancel a subscription

Listen now
Season 43 - Episode 3
Disable Notifications

Disable notifications

Listen now