I love teaching entrepreneurs about the financial side of their businesses because their numbers are so fundamental to the success of their companies. If you’ve listened to even a couple of episodes of this podcast, that’s hopefully become apparent to you as well. 😊
But giving advice about money and business to a broad audience can be tricky because certain pieces of advice will be more or less important depending on how big your business is.
That’s why for today’s episode, we discuss:
The 4 financial phases of an online business
What your financial priorities need to be when you’re in each of these 4 phases
Why you need to uplevel your financial systems and your financial team as you move into higher-level phases
What you need from your financial data as your business continues to grow