The 5 Keys To Total Financial Control

The 5 Keys To Total Financial Control

C21414 - BWI PREMIUM- The 5 Keys T - BWI Fancy - Landscape

When I was putting this together, I kind of felt there were five main things to talk about. And they're in this particular order for a reason, because we can kind of build on each of the topics as we go.

The first one, bit of the old Simon Sinek, but I want to start with Why.
Why do you want to kind of talk about this stuff? Taking a bit of control of your numbers and that sort of thing. Often a boring topic, and the amount of times, if I had a dollar for every client who told me I'm not a numbers person, I would've retired many years ago. It's interesting that so many people are keen to learn more about this, and I want to encourage that that's a great thing.

The next topic is Bookkeeping, often an undervalued element in a business. I want to kind of stress the importance of getting this right. We got some interesting slides I want to share on that, and then five big mistakes I see as well.

Cash, I've got to say that out of all the feedback we've had for the webinar, cash and cash flow is one of the biggest elements that people wanted to learn more about. But we're going to cover some interesting things that you may not hear from an accountant, or even us, when we're doing the tax side of things, it's definitely almost like a financial controller, and an element of what all of these things are, but just not your typical conversation about cash. The idea is to get you thinking a bit differently about your business. 

Planning and Budgeting, That second word there, budgeting, might be a turn off for you. At the end of the day, what I want to emphasize is that it gives you clarity. So the result of a budget is clarity, and give you some really good tips on how to use this in your day-to-day management of your business.

And then the last one we're going to have a look at is Reporting, I often ask clients "How often do you look at your Xero file or your reports?" And very rarely do we get someone who says, "Oh yeah, I review them on regular intervals, and here's what I look at."

 

Watch the full webinar, ‘Numbers for non-accountants’ at https://learning.benwalker.com/courses/NFN