BUILDING A SOLID FINANCIAL FOUNDATION FOR YOUR FOOD BUSINESS

Building a solid financial foundation for your food business will save you time + money on your way to achieving financial success.   In this episode Sarah is joined by CPA and Business Finance Coach, Melissa Houston  Together they are covering the elements of building a solid financial foundation for your food business. In this episode of The Good Food CFO Podcast  The difference between a bookkeeper + accountant, and the benefits of working with both. Benefits of outsourcing bookkeeping and working with a bookkeeper The value of being able to interpret the financial data of your business, and ‘Big 3’ Reports  When you should be requesting your monthly financials from your bookkeeper, and why timely reports are critical to financial success The importance of Categorizing your financial data correctly (and the consequences when it’s not) Budgets! Why Melissa (and I) believe you should have one, how frequently you should review it, and the biggest benefits of utilizing one.  This episode is packed with helpful info no matter where you are in the life of your food business! MEET MELISSA HOUSTON  Melissa Houston is a CPA, utilizing her more than 20 years of financial management experience to help entrepreneurs overcome their finance issues so they can earn more profit in their business through her signature coaching program "The CFO Money Method"  She is also a finance columnist for Forbes.com and Entrepreneur.com and hosts her very own podcast called “Think Like a CFO”! EPISODE RESOURCES + LINKS Melissa’s Website Melissa’s LinkedIn Profile Melissa’s Instagram: @melissahoustoncpa  Sarah Delevan Consulting Website Profitability Roadmap Sarah’s Instagram: @sarah.delevan.consulting Connect with Sarah on LinkedIn   This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com