75. How to Not Be in the Sh*t at Tax Time

Let’s be honest… business finances can feel like a total snoozefest.

But ignoring your numbers? That’s the fastest way to make a mess.

In this episode, host, Chontelle Fossey, sits down with her husband Craig (who also happens to be a numbers whiz) to break down the bare minimum you need to know to manage your money like a boss.

We’re talking P&Ls, profit vs cash flow, setting up your bank accounts the smart way, and what to do so you’re not panicking when your tax bill rolls in.

It’s finance without the fluff - made for product-based business owners who glaze over at the mention of spreadsheets.

You don’t have to love numbers… but you do need to understand a few key ones if you want your biz to actually pay you.

Here's what's covered:

• Why separating your bank accounts is the best first step
• How much to set aside for tax (and how to not spend it!)
• Profit vs revenue vs cash flow and what’s the difference?
• The truth about investing in your biz vs doing it lean
• Simple signs that it’s time to get some help with your finances

This is an episode not to be missed if you want to run a profitable business that pays you, not drains you.  It might sound boring, but if you want to be a CEO and not a small business owner, this is an episode you need to prioritise!