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The StoryBrand Podcast

#119: How to Always Have Enough Money (Especially During Tax Season!)

The StoryBrand Podcast

StoryBrand.com

Business, Marketing

4.72K Ratings

🗓️ 10 April 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Don't need to feel trapped in the day-to-day of growing your small business. Order "How to Grow Your Small Business" and get the 6-step plan proven to help grow your business taking it to the next level.

 

Order "How to Grow Your Small Business" at GrowYourSmallBusiness.com/Podcast today and get the Making Your First Million video series with your purchase.

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It's tax season, which means many businesses are about to get a pulse-check on how their money management is going. It's stressful to get to tax season and realize you don't have enough money! Unfortunately, this happens to small businesses all the time. How can you ensure you have enough money to cover all of your expenses with enough left over to pay taxes?

 

Join us for the final episode in our seven-part series based on Donald Miller's new book "How to Grow Your Small Business." In today's episode, you'll learn a simple cash flow management system using 5 checking accounts. Don understands that as a business owner, you know how to make money – but you may not enjoy managing it. This simple framework will give you a no-nonsense strategy to manage cash flow with zero confusion or stress. Tune in now to learn the 5-part framework so you're never unprepared to pay taxes again!

 

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START IMPLEMENTING THE SMALL BUSINESS CASH FLOW SYSTEM TODAY AT SmallBusinessFlightPlan.com

 

ORDER DON'S NEW BOOK "HOW TO GROW YOUR SMALL BUSINESS"GrowYourSmallBusiness.com

 

SUBMIT FOR YOUR CHANCE TO GET COACHED ON THE PODCAST: BusinessMadeSimple.com/Podcast 

 

FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple

Transcript

Click on a timestamp to play from that location

0:00.0

Today, I think we're going to save some businesses.

0:06.0

A friend called me recently terrified because their checking account had been frozen.

0:11.0

And it was their business account and it had been frozen by the state government because they didn't pay state taxes.

0:18.0

The reason that we get into that situation is because we don't have a cash flow system in which we put money aside for taxes.

0:26.0

You've been listening to the Business Made Simple Podcast the last seven weeks.

0:29.0

You know we are unpacking the six steps from my new book How to Grow Your Small Business, which by the way is out now.

0:35.0

Run onto Amazon and grab it.

0:37.0

These six steps will help you double your revenue.

0:39.0

And today it's the final step. It's cash flow. How do you manage your money?

0:43.0

And I'm going to teach you to manage your cash using five checking accounts.

0:47.0

That's what this episode is all about.

0:49.0

With that, I want to welcome you to the Business Made Simple Podcast brought to you by the HubSpot Podcast Network.

0:53.0

This is the only podcast that coaches you through a six step plan to grow your small business.

0:58.0

We do that by helping you build your business like an airplane.

1:01.0

The cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.

1:06.0

The wings are your products and the fuel tanks are your cash flow.

1:10.0

If you master the six parts of your small business, your business will fly far and fast.

1:14.0

Every week you'll get the insight and steps you need to grow your business.

1:17.0

I'm your host Donald Miller.

1:24.0

Hey everybody, Entrepreneurs on Fire hosted by John Lee Dumas is available now on the HubSpot Podcast Network.

1:30.0

Entrepreneurs on Fire stokes inspiration and shares strategies to fire up your entrepreneurial journey and create the life you've always dreamed of.

1:38.0

I know you're going to love it.

...

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