Business Finance 101: Is Your Business Set Up for Success? – Jordan Gentry with Briarwood Financial

We’re back with Jordan Gentry for part two of our conversation on what it really takes to run a financially healthy business. In this episode of The Plus Side, Jamison and Jordan dive into the financial fundamentals that every business owner should know. From separating personal and business finances to understanding cash flow, Jordan simplifies the numbers so you can focus on growing with a plan.We cover practical strategies and our favorite tips for budgeting, building business credit, tracking expenses, and reading financial statements with confidence. Whether you're just getting started or looking to tighten up your systems, this episode can be a prompt to identify the areas where you can enhance your financial foundation and move forward with clarity.For more information about Connect Plus, our private coaching group, visit:www.connecttwinfalls.com00:00 Intro01:48 Separating Personal and Business Finances02:04 Setting Up Business Accounts and Legal Structures03:45 Understanding Owner's Equity and Draws04:59 Tax Planning and Budgeting for Business07:43 Building Business Credit11:52 Managing Business Finances and Assets13:39 Understanding Financial Statements22:21 The Importance of Business Networking24:57 Conclusion