26. Your Business is Making Money, Now What Do You Do With It? Money Mangement Strategies for Business Success with Wealth Coach & Bookkeeper Bree Herman

Welcome to this episode of the Booked Out with Bre Podcast, today I am talking with Generational Wealth Coach, Bookkeeper, and Money Expert Bree Herman. We have a conversation about one of my favorite topics…MONEY! We're going to untangle the sometimes-knotty world of money management, both where it counts in your business and in your personal life. We'll talk about how to line up your money moves with those big dreams and long-term plans you've been brewing.   We also share really tangible tips for business owners like why knowing your profit margins is a game-changer, why smart automation and learning to delegate will help you scale faster, should you scale or focus on profit margin, and choosing business entities.   I'm also super excited to give you a peek into the different stages of business growth and what they mean for you legally and tax-wise. So, if you're an entrepreneur hungry for some down-to-earth, practical financial advice, you will love this episode! Let's get our finance on!   Ways to Work with Me:  Follow Me on Instagram Mom to VA Program    Episode Outline:  Importance of Talking About Money (00:01:14)  Passion for Money Management (00:02:18)  Understanding Profit Margins (00:03:46)  Aligning Financial Strategies with Long-Term Goals (00:05:23) Financial Management for New Business Owners (00:10:34)  Shifts for Six-Figure Business Owners (00:14:35)  Long-Term Wealth and Business Evolution (00:16:54)  Choosing Business Entities (00:18:50)  Importance of Hiring a Bookkeeper (00:22:08)  Implementing Cash Flow System (00:31:42) Referenced Resources:  Follow Bree Herman on Instagram Relay Bank Corso Tax You Need A Budget for Money Management & Cash Flow The Abundance Agency - Free Community Master Your Money in 30 Days Profits Bookkeeping Discovery Call  Profit First Method Book   If you enjoyed this episode, I would love it so much if you left a rating and review! This helps us reach more moms looking to become a virtual assistant, book out their business, and scale beyond their wildest dreams!