Episode description
In this enlightening episode of Money Talk With Tiff, Tiffany Grant sits down with Octavia Conner, a seasoned expert in business accounting and finance, to discuss essential tips for business owners who may have neglected their books.
Whether you’re a newbie entrepreneur or a seasoned business owner, this episode is packed with valuable insights to help you maintain accurate and reliable financial records. Discover how to choose the right accounting system, the importance of training, and how understanding your business structure can impact your finances and taxes.
Check out the full shownotes here: https://moneytalkwitht.com/podcast-show-notes/small-business-finance-seasoned-entrepreneurs/
Key Topics Covered- Importance of having an accounting system
- Tips for choosing the right accounting software
- Why professional training or hiring out accounting tasks is crucial
- Understanding business structures and their tax implications
- Importance of having a financial strategy and cash flow forecast
Guest Bio
Octavia Conner is a Fractional CFO and the leading business finance expert behind Say Yes to Profits. She specializes in helping small business owners maintain financial health and profitability. Octavia brings a wealth of knowledge and actionable tips to the table, aimed at helping entrepreneurs thrive financially.
Resources Mentioned- Say Yes To Profits Website
- Free Cash Flow Mastery Toolkit
- Say Yes To Profits Podcast
- Follow Octavia Conner on Instagram: @octaviaconnorCFO
- Octavia's YouTube Channel: https://www.youtube.com/c/OctaviaConner/shorts
Follow Tiffany Grant
- Website: Money Talk With Tiff
- Instagram: @moneytalkwitht
- Twitter: @moneytalkwitht
- Facebook: Money Talk With Tiff
Episode Highlights
- [00:00] Tiffany introduces the topic and guest, Octavia Conner.
- [00:54] Octavia discusses the importance of having an accounting system for all businesses.
- [02:33] Tips for choosing the right accounting software.
- [05:04] The importance of hiring a professional for accounting tasks.
- [06:05] Understanding business structures and their financial implications.
- [08:10] Octavia's tip on having a financial strategy and cash flow forecast.
- [09:34] Final words and how to connect with Octavia Conner.
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