Why a Money Plan is Essential for Growing Your Product Business with Sara Verheyen
In this episode of Product Powerhouse, host Erin Alexander welcomes Sarah Verheyen from Merish Books, a bookkeeping and CFO services provider for creative entrepreneurs.
This episode offers valuable advice and practical tools for product-based business owners to take control of their finances and ensure long-term success.
- Erin shares her personal experience and Sarah encourages getting creative to make money. - The Profit First system is recommended for business owners.
- A cash flow planner tool helps with financial planning and overview.
- Separate bank accounts for different expenses can prevent accidental spending.
- Bookkeeping and regular financial check-ins are crucial for success.
Sarah's insights and tips provide a roadmap for product-based business owners to navigate their finances wisely. By implementing strategies like the Profit First system, utilizing a cash flow planner tool, and prioritizing bookkeeping, entrepreneurs can gain a clearer understanding of their financial health and make informed decisions. Don't let bookkeeping hold you back from running a successful business. Join Erin Alexander and Sara Verheyen on this helpful episode of Product Powerhouse and take control of your business finances today.