Cash & Sass
Are you ready to ditch the hush-hush attitude towards money? If you're craving real talk about your finances, you're in the right place! Join me as we kick the money taboo to the curb and dive headfirst into the candid cash-versations you have been dreaming of. I'm Lisa Marie, and this is the Cash and Sass podcast. As a Fractional CFO and Wealth mentor, I am known as the Sassy Wealth Queen and the brains behind the Sassy Wealth Coach. I'm here to take you on a thrilling ride from financial chaos to sassy and sexy money. I've gathered a squad of amazing guests to fearlessly explore everything under the sun about money, money mindset, and money management. No topic is off-limits!! Consider this podcast your judgment-free zone for all things money. I'm not just your host; I'm a fellow warrior who turned my business from food stamps to six figures. Now, I'm on a mission to share the secrets of sassy and sexy money with as many incredible women as possible. Get ready for an empowering journey where you can finally build a fantastic relationship with your money. If you're eager to break free from the money taboo, and ready for candid cash-versations then buckle up, because the Cash and Sass podcast is here to revolutionize your relationship with money. Let the sassiness and sexiness of your money begin!
Cash & Sass
How to Spot Money Leaks and Boost Your Bottom Line with Colin Sanburg
In this episode of the "Cash and Sass" podcast, Lisa Marie, the "sassy wealth queen" and founder of Sassy Wealth Coach, chats with Colin Sanburg, a multi-business owner and founder of Fin Elevate. We dive into simplifying small business finance, focusing on understanding financial statements like profit and loss (P&L) and cash flow. Colin breaks down complex financial data into digestible parts and emphasizes the importance of key performance indicators (KPIs) for business owners, especially in service-based industries. We also discuss the significance of time tracking, managing inventory, and making strategic hiring decisions.
- Understanding the complexity of financial statements, particularly profit and loss (P&L) statements and cash flow.
- The importance of breaking down financial data into simpler, more digestible components.
- Differentiating between P&L statements and cash flow statements for better financial insight.
- Introducing a "simple profit formula" to categorize P&L statements into key areas.
- Identifying and tracking core key performance indicators (KPIs) for service-based businesses.
- The significance of time tracking for optimizing operations and improving efficiency.
- The role of technology and artificial intelligence (AI) in enhancing business productivity.
- Managing inventory and costs to prevent cash flow issues.
- Making strategic hiring decisions and understanding the implications for business scalability.
Reach out to Colin Sanburg:
Links:
https://www.linkedin.com/in/colinsanburg/
https://www.facebook.com/the.finelevate/
https://www.instagram.com/the.finelevate/
https://www.linkedin.com/company/finelevate/about/
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The Sassy Wealth Coach™
https://www.thesassywealthcoach.com
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