EPISODE · Dec 23, 2022 · 56 MIN
End of Year Financial Basics: How to End 2022 So That 2023 Starts Off Right
In the latest installment of Entrepreneurial Attorney Nation, Richard James is joined by Annette Sonnenburg, President of Sonnenburg Consulting Inc. She has provided CFO consulting services, business consulting, and outsourced accounting and bookkeeping services for more than 20 years.Richard James and Annette outline exactly how you can end 2022, so that 2023 starts off right. This is THE guide to your law firm's end of year financial planning. By the end of this episode you will discover:The #1 key to setting yourself up for successThe deadly sin you need to avoidA framework for financial success for your small law firmTime Codes: 00:00 - Introduction from Richard James02:38 - Annette Sonnenburg Introduction 03:21 - Bonus Depreciation 05:33 - Simple IRAs/401Ks07:28 - Debt in a Small Business08:27 - Lifestyle15:51 - End of Year Planning/Review15:53 - Credit Card/Bank Statements24:38 - As Compared To:30:34 - Phone Room31:34 - Sales33:31 - People36:50 - Goals38:22 - Financial Budget50:57 - Owner's Benefit56:30 - Episode Conclusion
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End of Year Financial Basics: How to End 2022 So That 2023 Starts Off Right
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