Business Financials Episodes

These episodes of The How of Business podcast are on the topic of Small Business Financials - the financial control and reporting systems which are critical to managing and growing your small business.

The challenge, however, is that most small business owner don't have the background or skills to understand their financials. That's OK! You are not alone. Your responsibility is to learn enough about small business financials so that you can make informed decisions to help you manage and grow your business.

From understanding how to interpret your financials statements, including your Profit & Loss (P&L) statement, Balance Sheet, and Cash Flow Statement, to using the information to help you measure and plan for growth, these episodes will help you develop your small business financial knowledge and skills.

Many small business owners have surrendered their control or knowledge of their financials. Often the reason may be that "I am not good with numbers!" or "I leave all that to my CPA at the end of the year." The result is a business that is navigating blind! As the owner and CEO of your small business you must have a strong understanding of your financial situation. 

This does not mean, however, that you should not delegate the transactional tasks associated with maintaining and producing your financial statements. Tasks such as bookkeeping, processing payroll and preparation of your tax filings are ideally delegated or outsourced when you are ready to do so.

The ultimate responsibility for organized and up-to-date financials, and the interpretation of your financials, always remains with you as the owner of your small business.

Episode 443: Tracey Bissett – Financial Fitness

 Financial Fitness for Small Business Owners with Tracey Bissett. How to achieve financial fitness for small business owners and entrepreneurs with Tracey Bissett, founder of Bissett Financial Fitness. Tracey shares her entrepreneur journey and why small businesses that plan for the future, especially when it comes to cash flow, ...
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Episode 439: Cash Flow Management

 Cash Flow Management for Small Business Owners. Managing your small business cash flow with Henry Lopez, host of The How of Business podcast. How do you calculate how much cash you will have and need at a future point in time, and why is this important to help you ...
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Episode 397: Profit & Loss Statement

 Profit & Loss Statement for Small Business How to use your Profit & Loss Statement (P&L) to help you measure and manage a profitable small business, with serial entrepreneur Henry Lopez. Are you making or losing money in your small business? This episode is about helping you answer that ...
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Episode 406: Profit & Loss and Cash

 Profit & Loss and Cash for Small Business Advanced Profit & Loss Statement (P&L) concepts and how to monitor the cash in your small business, with serial entrepreneur Henry Lopez.. On this episode Henry shares additional concepts, tips and thoughts on using your financial statements to help you run ...
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Episode 395: Financial Projections for Business Startup

Don’t miss an episode – please follow or subscribe: Financial Projections for Small Business Startup  How to create the Financial Projections or Proforma to help you start a successful and profitable small business. This episode is about creating your Financial Projections for your business plan. Join Henry Lopez for ...
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Episode 345: Matt Remuzzi – Deadly Sins of Bookkeeping

Deadly Sins of Bookkeeping with Matt Remuzzi The Deadly Sins of Bookkeeping (starting at 14:55) with Matt Remuzzi, and his entrepreneur journey. Are your financials a mess? Or perhaps you are one of the few small business owners who are caught up on their bookkeeping and everything is up to ...
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Episode 366: Sharon Winsmith – Tax Structuring

 Tax Structuring for Wealth Building with Sharon Winsmith Tax Structuring and planning for Wealth Building for small business owners and entrepreneurs with Sharon Winsmith. Sharon Winsmith is an experienced tax attorney and the founder and owner of Winsmith Tax – helping her clients develop sustainable tax strategies for building ...
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Episode 370: Danielle Hayden – Financial Planning

Financial Planning for Small Business Growth with Danielle Hayden How to use Financial Planning and goal setting to help you grow your small business with Danielle Hayden. Danielle is a CPA, author and the Co-Founder of Kickstart Accounting, Inc. Successful business owners know their numbers. They have a plan for launching ...
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Episode 305: Justine Lackey – Bookkeeping for Small Business

This episode is sponsored by LinkedIn Jobs. Get $50 off your first job posting! Bookkeeping for Small Business with Justine Lackey Bookkeeping for Small Business with Justine Lackey. Justine shares her entrepreneur journey and tips and techniques for small business bookkeeping. [Learn more about Justine] Justine Lackey is the founder ...
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Episode 226: Financial Review

Annual Financial Review for Your Small Business with Henry Lopez Annual Financial Review for Your Small Business with Henry Lopez Henry Lopez shares his insights and actionable tips for conducting a Financial Review of your small business. Henry explains the importance of knowing the financial metrics of your small business, ...
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Episode 153: Paul Nelson – Small Business Accounting

 Paul Nelson Interview – Small Business Accounting In this episode we interview Paul Nelson, a small business owner and CPA. He shares his journey to entrepreneurship, launching his own accounting firm, and bookkeeping and accounting guidance for small business owners. [Learn more about Paul] Paul S. Nelson is the president ...
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Episode 105: Anne Dickinson – Improving Profits

 Improving Profits with Anne Dickinson. Improving profits from your small business with Anne Dickinson, an entrepreneur, speaker, business consultant, and the owner of Eye In Your Business. She shares her background and journey to becoming her own boss, and valuable insights to help you manage your cash flow and optimize ...
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Episode 102: Chris Miles – Cash Flow Management

 Cash Flow Management for your Small Business with Chris Miles. Managing your Cash Flow Management in your Small Business with expert Chris Miles. He shares his entrepreneur story and tips to help manage your cash. Chris is known as the “Cash Flow Expert.” He is a leading authority on ...
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Episode 100: Wendy Knutson – CPA Insights

Wendy Knutson – CPA Insights for Small Business In this episode we interview Wendy Knutson, a CPA and the owner of the accounting firm Knutson CPA. Wendy’s shares her unique journey to becoming a CPA and starting her own firm, and accounting & tax tips and advice for small business owners. Wendy ...
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Episode 374: Mark Butler – Overcoming the Fear of Financials

 Overcoming the Fear of Financials with Mark Butler How to overcome the fear of financials and use bookkeeping and budgeting for small business financial planning with Mark Butler, founder of Let’s Do the Books. We have released several episodes recently on the topic of bookkeeping, accounting, and business financial ...
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The How of Business podcast, hosted by Henry Lopez, is focused on helping you start, run and grow your small business.