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The Financial Flipside Podcast


The Financial Flipside is, in part, a podcast for entrepreneurs, but it’s not only that. We also talk about the politics of money and the way that economic issues impact our daily lives. Our episodes cover everything from trade to tax reform, from cash flow to credit, from the history of money to the economics of immigration, all in a way that is frank, accessible, and (hopefully) fun.

Oct 9, 2017

In episode 3, we continue our wealth discussion, but with a focus on small businesses. We talk about what drives our entrepreneurial aspirations, the difference between having a job and having a business, and how to set your company up for the long haul. Specifically, we discuss the importance of processes, getting well-acquainted with your finances, succession planning. Finally, we talk about resources for learning about enterprise building if you don’t have access to a business consultant, CPA, or financial planner.

 

Note: We’re moving to Mondays! We will still be posting episodes every two weeks, so join us on October 23 for more real money talk.

Mentioned in the show:

  • SCORE
  • For more information about working on your business vs. working in your business: The E-Myth
  • SizeUp, the Small Business Administration’s industry benchmarking tool
  • Process Management: We use Jetpack Workflow, which is especially for accountants and bookkeepers.. This article has a roundup of other software to help create and manage business processes. Finally Process Street, is another process management program that also has a useful blog with plenty of tips and templates for writing and implementing processes (recommended: How To Create a Process People Won’t Hate Using )

 

 

Bonus:  Protecting Your Personal Wealth as a Small Business Owner

           Another source of resources for building a long-lasting enterprise: your local public library.