Ep 288 – Business Finance: Budgeting, Forecasting, and Owner Compensation

<p>What do you use to budget for your business? When do you decide to put yourself on a “salary” versus just drawing more from the business in those months when your revenue is up?</p> <p>This episode of Divi Chat will dive into how the panelists approach their business finances &#8211; what works and (of course) the hard lessons they&#8217;ve learned along the way.</p> <p>💬 Join us in the live chat at 5 p.m. EST on FB or YouTube!<br /> <a href="https://www.facebook.com/divichatpodcast" target="_blank" rel="noopener">https://www.facebook.com/divichatpodcast</a><br /> <a href="https://www.youtube.com/c/divichat" target="_blank" rel="noopener">https://www.youtube.com/c/divichat</a></p> <hr /> <h3>Hosts Present:</h3> <p class="p1">Eric Dingler – <a href="https://intransitstudios.com/" target="_blank" rel="noopener">In Transit Studios</a> / <a href="https://www.ericdingler.com/" target="_blank" rel="noopener">https://www.ericdingler.com/</a> / <a href="https://finallyleads.com/" target="_blank" rel="noopener">https://finallyleads.com/</a><br /> Tim Strifler –  <a href="https://divilife.com/divi-plugins-and-extensions/" target="_blank" rel="noopener">Tim’s Divi Plugins</a> / <a href="https://divilife.com/downloads/divi-mega-pro/" target="_blank" rel="noopener">Divi Mega Menu</a> / <a href="https://timstrifler.com/" target="_blank" rel="noopener">https://timstrifler.com/</a><br /> Sarah Oates – <a href="https://endure.com.au/" target="_blank" rel="noopener">Endure Web Studios</a> / <a href="https://www.facebook.com/endureweb/" target="_blank" rel="noopener">FB</a> / <a href="https://twitter.com/endureweb" target="_blank" rel="noopener">@endureweb</a></p> <div> <hr /> <h3>Resources Mentioned:</h3> <p><a href="https://relayfi.com" target="_blank" rel="noopener">https://relayfi.com</a><br /> <a href="https://www.ynab.com/" target="_blank" rel="noopener">https://www.ynab.com/</a><br /> <a href="https://www.ramseysolutions.com/ramseyplus/everydollar" target="_blank" rel="noopener">https://www.ramseysolutions.com/ramseyplus/everydollar</a><br /> <a href="https://www.xero.com/us/" target="_blank" rel="noopener">https://www.xero.com/us/</a></p> <hr /> <h3>Join us Live on Youtube or Facebook every Tuesday @</h3> </div> <p>☀️ 2 pm Los Angeles<br /> ⛅️ 5 pm New York<br /> 🌙 10 pm London<br /> 🐓 7 am Sydney (Wednesday)</p> <div> <h3>Or Listen Anytime @</h3> </div> <p>iTunes: <a href="https://itunes.apple.com/us/podcast/divi-chat/id1166016136?mt=2" target="_blank" rel="noopener">https://itunes.apple.com/us/podcast/divi-chat/id1166016136?mt=2</a><br /> Spotify: <a href="https://open.spotify.com/show/5UwghkH9OErcrihKWyXOGH?si=4aZ1HoezQuyr7YjKV1XLxw" target="_blank" rel="noopener">https://open.spotify.com/show/5UwghkH9OErcrihKWyXOGH?si=4aZ1HoezQuyr7YjKV1XLxw</a><br /> YouTube: <a href="https://www.youtube.com/c/divichat" target="_blank" rel="noopener">https://www.youtube.com/c/divichat</a><br /> Google Play: <a href="https://play.google.com/music/m/Icjg3enorxbhnhyiqumvyi23rxi?t=Divi_Chat" target="_blank" rel="noopener">https://play.google.com/music/m/Icjg3enorxbhnhyiqumvyi23rxi?t=Divi_Chat</a><br /> Google Podcasts: <a href="https://www.google.com/podcasts?feed=aHR0cHM6Ly9kaXZpLmNoYXQvZmVlZC9wb2RjYXN0Lw%3D%3D" target="_blank" rel="noopener">https://www.google.com/podcasts?feed=aHR0cHM6Ly9kaXZpLmNoYXQvZmVlZC9wb2RjYXN0Lw%3D%3D</a><br /> Stitcher: <a href="http://www.stitcher.com/podcast/divi-chat" target="_blank" rel="noopener"><span class="s3">http://www.stitcher.com/podcast/divi-chat</span></a><br /> Pocket Casts: <a href="https://pca.st/toM6" target="_blank" rel="noopener">https://pca.st/toM6</a><br /> Castbox: <a href="https://castbox.fm/x/13d2P" target="_blank" rel="noopener">https://castbox.fm/x/13d2P</a></p> <hr /> <h3><span style="color: #333333; font-size: 22px;">Divi Facebook Groups:</span></h3> <p>Divi Theme Users – <a href="https://www.facebook.com/groups/DiviThemeUsers/" target="_blank" rel="noopener">https://www.facebook.com/groups/DiviThemeUsers/</a><br /> Divi Theme Help &#38; Share – <a href="https://www.facebook.com/groups/DiviHelpAndShare/" target="_blank" rel="noopener">https://www.facebook.com/groups/DiviHelpAndShare/</a><br /> Divi Web Designers – <a href="https://www.facebook.com/groups/diviwebdesigners/" target="_blank" rel="noopener">https://www.facebook.com/groups/diviwebdesigners/</a></p> <p>https://www.youtube.com/watch?v=40BluK9tkUs</p>