- Sharon Bushy
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- You Don't Need A Man In Finance
You Don't Need A Man In Finance
Business Tip #5 That You Wish You Knew When You Launched Your First Product
As a solopreneur, you might want a finance man. You might try to talk to a man in finance. But you don’t need a finance man. What you need is to understand finances yourself.
But Sharon, I am in marketing!
Yes and marketing requires budgeting, forecasting, spending, and and tracking.
But Sharon, can’t I hire someone?
Sure, you can hire someone but how will you know what is happening with your business health if you depend on someone else?
Understanding how to organize and calculate your earnings and debt will enable you to avoid major mistakes in your business.
So where do you start?
First and foremost, learn the language. I create an Excel with the fundamental vocabulary for finance. If you want a copy, shoot me an email [email protected]
Next, you need to build and track your balance sheet, the income statement, and the cash flow.
Learn so that you know your business better than anyone else.
What topics would you want me to review?
Best,
Sharon
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