take the fear out of finances
DESCRIPTION
Watch the full webinar here: http://go.emyth.com/take-the-fear-out-of-finances-webinar-recording With the end of the year fast approaching, it’s critical to set aside some time to close 2014 and produce your year end reports. But let’s take that otherwise tedious process and turn it into something that can drive growth and change in your business, shall we?TRANSCRIPT
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© 2014 EMyth
Take the Fear Out of Finances
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© 2014 EMyth
Panelists
Jonathan Raymond Chief Brand Officer
Gail Frahm Chief Executive Officer
Martin Kamenski Controller
Josef Shapiro EMyth Certified Coach
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© 2014 EMyth
Understanding the Problem
What does it mean to operate from a place of “financial fear?”
Why do you feel alone at the top?
What is your lack of awareness actually costing you?
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© 2014 EMyth
The Takeaways
How to measure the financial health of your small business
Who you need on your financial team
The systems you need to help you automate
Some tips on reducing your year-end tax bill
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© 2014 EMyth
How Healthy is my Business?
Making the shift to a metrics-driven company
Means of measurement
Tools to get it done
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© 2014 EMyth
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© 2014 EMyth
CPA
Business Banker
Attorney
Who Should I have On-Call to Help?
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© 2014 EMyth
Time/Expense/Billing: Harvest
Bookkeeping: Xero
Payroll: ADP
Receipts/Mileage: Shoeboxed
!
Automation and integration is possible for anyone. This entire system is about $150 a month.
A Sample Financial “Ecosystem”
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© 2014 EMyth
Make Taxes Less Taxing
Measure your performance: Total Tax Payments / Net Income
Take advantage of every possible deduction and credit
Find a CPA who will work with you not just for you, and who takes the time to explain things along the way
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© 2014 EMyth
Recap
How to measure the financial health of your small business
Who you need on your financial team
The systems you need to help you automate
Some tips on reducing your year-end tax bill
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© 2014 EMyth
Book a Free Session with an EMyth Coach to get started
http://go.emyth.com/business-coaching