How to get an instant raise & more goodies...


CFO Support that grows your business and your confidence

Hi Reader,

Here's how I gave myself an instant raise

✅ I cut a software expense from my business expenses that I had been on the fence about for a few months and finally felt like I wasn't using it to drive revenue - Saved $500 / month. I plan to pass this directly through to my personal income each month

✅ I switched our housecleaning from weekly back to monthly >> going from $528 back to $163/ month in cost saving $336/month

$336+ 500 = $836 with just a few adjustments to expenses that weren't producing more income.

This savings will likely get offset with other expense in a month or two that will drive more revenue, but for now who doesn't love an extra $836/ month when you have 3 kids and are paying for childcare?

This simple example of reviewing a few line items in your budget (business or personal) can create extra margin.

Margin is where you want to be hanging out, not gross revenue.

-Natalie


On the blog...

The Keys to Unlocking Financial Confidence in Your Business

Most people aren’t very confident when it comes to finance. I recently hosted a workshop where business owners shared their biggest questions about financial statements. And you know what? The same themes kept coming up - all business owners (yes, including financial professionals!) struggle with their business finances at some point. Running a business is challenging, and there are so many unpredictable events in the life of a company.

Profitability Improvement Strategies for Small Businesses

Chasing profitability can feel like a losing battle for many businesses. What I see most in clients and potential clients is that they haven’t built a long-term financial strategy for their businesses. Instead they’re just trying to make it the next closest milestone by doing so they are in a constant state of barely getting their head above water. In this post, I’ll walk you through why most businesses struggle with profitability and what you can consider in your business to get you on track to be a profitable & thriving business.

Our Services:

In Case you missed it...

Natalie's Favorite things

PO Box 141, Olalla, WA 98359
Unsubscribe · Preferences

Finance Fight Club

Finance is not rocket scienceSadly, it’s become this mysterious field for small business owners like yourself. And it keeps owners in the dark from making their best choices for their businesses. My love for finance started when that light bulb turned on. Finance is not bookkeeping or taxes. Finance is making good decisions, which requires good financial analysis and controls. You cannot be strategic in your business without first understanding your numbers.That’s when I decided to bring my CFO-type skills to small businesses. To help owners become leaders, by integrating numbers into their daily choices and busting the myth—that finance is rocket science. it isn’t. Ready to make choices based on data, not hunch? Ready to feel in control of your business? Ready to grow revenues & increase profits? With confidence?

Read more from Finance Fight Club
How much cash should a small business keep in reserve

Outsourced CFO Support that grows your cash and your confidence Hi Reader, Want to take home more money instantly? Yea me too... Seriously though, here's 2 quick wins you can do when looking at your P&L (profit & loss or income statement): Check for unnecessary spending in software - I guarantee you, you have at least one software subscription your not using that needs to be canceled. We do this for our clients on a regular basis, usually once every 6 months or more frequently if needed. Look...

Outsourced CFO Support that grows your business and your confidence Hi Reader, 6 weeks until Summer Break for our family (not me specifically, but the younger people I live with). In April, I lead a KPI Workshop for Finance Fight Club Community members and we explored how tracking the right metrics transforms business decision-making. Struggling with your KPIS or not tracking any? here are two tips to get you started: Your KPIs must align with YOUR specific business goals, not someone else's....

Outsourced CFO Support that grows your business and your confidence Hi Reader, Happy Spring! AI is fun, but is it secure? On Monday, a group of friends and I got together to chat about how we're using AI in our accounting & finance firms. Here's a few things that came up: Good use cases for AI: Automations Writing SOPs Creating client communications Where we all agree to be cautious using AI: Client data security - no one is using AI to interpret client data because the security risk is...