Don’t Abdicate Your Accountability

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You can’t hide from your money.

I have nothing against book keepers or accountants, but I think a lot of business owners abdicate to them much too early.

Your cash flow is the life-blood of your business. Your financial data is the foundation of your strategic planning. Knowing your numbers is mandatory to effectively run a good #business.

How many days does it take you to close month-end? How soon do you know your quarterly profit or loss? How quickly can you discovery if you’re over spending in an operations category?

You don’t necessarily need to learn how to book keep, but you absolutely need to know how to manage the money.

Those who manage their money wisely attract more money to manage.

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