PODCAST · business
Nail The Numbers by Abacus Business Solutions
by Kerry Postel
Welcome to Nail The Numbers Podcast by Abacus Business Solutions, where numbers make sense and profits soar! Here is your host Kerry Postel, the driving force behind Abacus Business Solutions. Get ready to turn insights into action and watch your business thrive!
-
62
How Profit First Changed Everything: Sarah’s Story
In this episode of the Nail The Numbers podcast, I get to share one of my absolute favorite client journeys featuring Sarah Swehla from T.H.E. Landscape Professionals. My relationship with Sarah is truly special, and her story is the perfect example of why I am so passionate about Profit First and the work we do at Abacus Business Solutions. We help service-based businesses gain clarity, confidence, and control over their finances, and Sarah’s story captures exactly why that matters.From the moment Sarah and I connected, I knew she had the drive to build something incredible. She needed a bookkeeping partner in her corner and a system that worked with her instead of against her. Hearing her describe her early financial stress, the sleepless nights, and the uncertainty reminded me why Profit First is such a powerful tool. Sarah committed to the process fully, and the results speak for themselves.Implementing Profit First from the beginning did more than improve her cash flow. It changed the way she leads her business. Seeing her proudly talk about understanding her numbers, having money set aside, and even rewarding herself with a new car from her profit distribution was incredibly rewarding. Her journey shows what is possible when a service-based business partners with a Profit First bookkeeper who is truly invested in their success. At Abacus Business Solutions, we do not just keep the books. We help business owners create profit, stability, and long-term growth with intention. Sarah’s story says it all.If you are dealing with unpredictable cash flow, confusing financial reports, or the pressure of doing everything alone, this episode will show you what becomes possible when you implement Profit First and have a professional bookkeeper supporting you every step of the way.Key TakeawaysProfit First helped Sarah achieve profitability from day one.The drip account transformed how she manages seasonal cash flow.Profit First significantly reduced her financial stress.Multiple bank accounts created clarity and control.Professional bookkeeping gave her the freedom to focus on growth.Profit First made major business decisions easier and less intimidating.Sarah rewarded herself with a car purchase using her profit distribution.Profit First reshaped her entire approach to business finances.Understanding financial reports first made outsourcing more effective.Favorite Sound Bites:"I was profitable from day one.""I always have the cash.""It's all an investment."Chapters:00:00 Introduction to Profit First and Sarah's Journey01:46 The Impact of Profit First on Business Finances05:36 Surprises and Successes with Profit First10:35 The Importance of Professional Bookkeeping12:39 Making Big Decisions with Confidence16:13 The Transformative Power of Profit First20:03 Final Thoughts and Encouragement to Implement Profit FirstVisit us at https://chooseabacus.com if you're ready to make real profit.Learn more about Sarah and her business at https://thelandscape.pro
-
61
The Magic Episode - with guest Leo Gestetner from A Founder's Life
In this episode of Nail the Numbers, I sit down with serial entrepreneur and endurance athlete Leo Gestetner to talk about what it really looks like to build a successful business without sacrificing your health, family, or long-term wellbeing. Leo has started businesses since age 13 and brings a unique perspective on how entrepreneurship has evolved, from traditional local marketing to today’s fast-moving, globally connected world.We explore the pressures business owners face, especially around being constantly accessible, navigating different time zones, and managing the nonstop to-do list that comes with leading a company. Leo shares why balance isn’t about perfection, but about intentional scheduling, healthy habits, and knowing when to step back. We also discuss his work with THANKZ, a global staffing agency that helps entrepreneurs delegate, scale, and regain margin in both business and life.Takeaways from this episode:• Why modern entrepreneurship demands a new approach to balance and boundaries• The four pillars Leo believes every business owner must prioritize• How scheduling personal time, family time, and health helps create long-term sustainability• The role sleep, fitness, and mental health play in running a successful business• How to recognize when you're pushing too hard and what to adjust• Why outsourcing and building the right team can relieve pressure and fuel growth• Leo’s approach to remote staffing and what sets THANKZ apartIf you're a business owner trying to grow without burning out, this conversation will give you practical steps to create healthier rhythms and a more sustainable business.We’re happy to share Leo’s links so you can connect with him directly and explore his work:• Personal Website: https://leogestetner.com/• THANKZ Global Talent: https://thankz.com/• LinkedIn: https://www.linkedin.com/in/leogestetner/Feel free to check out his platforms to learn more about his approach to entrepreneurship, leadership, and sustainable growth.And as always, if you want to learn more about Abacus and all that we can offer to help your business thrive, visit: chooseabacus.com
-
60
The Difference Between Your P&L and Your Balance Sheet
In this episode of Nail the Numbers, I break down two of the most important financial tools for every business owner: the Profit & Loss Report (P&L) and the Balance Sheet.If you’ve ever looked at your financial statements and thought, “What does this actually mean?”, this episode is for you. I explain the difference between net profit and cash flow, why accurate data matters, and how understanding your numbers can transform the way you run your business.Whether you’re a growing entrepreneur or an established service business owner, this conversation will help you feel more confident reading your reports and making informed financial decisions.Key Takeaways:• Profit & Loss reports reveal income and expenses over a set period• Net profit does not equal cash in the bank• Balance sheets give a real-time snapshot of your financial health• Assets, liabilities, and equity form the foundation of your balance sheet• Accounts receivable should ideally exceed accounts payable• Regular review of financial reports prevents surprises• Accurate data ensures reliable decision-making• Partnering with a financial expert brings clarity and direction• Proactive money management sets the stage for growthIf you’re ready to take control of your numbers and build a stronger foundation for your business, this episode is the perfect place to start.Listen now and start seeing your financial reports with fresh eyes.Visit https://chooseabacus.com to learn how Abacus Business Solutions can help you understand your numbers and plan for what’s next.
-
59
We’re Back! Refreshed, Recharged, and Ready to Nail The Numbers
We’re back! After taking some time to reflect, regroup, and grow, I’m excited to launch a brand new season of the Nail the Numbers podcast.This season is all about helping home service and service-based businesses know, understand, and trust their numbers—because profitability isn’t optional, it’s essential. We’ve expanded the Abacus team, added CFO services, and this season we’re especially excited to welcome guest voices who will share their real-world experiences and insights.In this first episode back, here are a few key takeaways I share: We've partnered with Melanie Sloan to bring fractional CFO services to clients who are scaling or preparing for exit. Profitability and cash flow are still at the heart of everything we do—if you don’t know your numbers, you can’t make the right decisions. I share how implementing Profit First in my own business has been a complete game-changer (every dollar now has a purpose). No matter the state of your books—messy QuickBooks, only spreadsheets, or no system at all—we’ll help you draw a line, move forward, and get on track. My mission hasn’t changed: to help business owners finally pay themselves what they deserve, plan for growth, and run businesses with confidence.I’m thrilled for you to join me this season as we jump into conversations that bring fresh insights, and real-world strategies to help business owners not just run their companies—but run them with confidence.Ready to take the next step in knowing, understanding, and trusting your numbers? Visit us at www.chooseabacus.com to learn more.
-
58
How improving job efficiency can increase your profit
🎙️ In my latest episode, I dive into why job efficiency is everything when it comes to boosting profitability in home service businesses. 🛠️ When we streamline workflows, set accurate job costs, and establish clear timelines, we’re not just running a smoother business we’re protecting our bottom line.Here are my key takeaways:✅ Efficiency drives profit—every minute saved is money saved.✅ Streamlined workflows prevent costly delays.✅ Accurate job costing means no surprise expenses.✅ Consistent team communication keeps us on track.✅ Regular check-ins help us spot issues early.✅ Standardized processes create consistency across projects.✅ Clear timelines keep everyone in sync.✅ Team feedback is essential for ongoing improvement.✅ Tracking job costs helps with better future estimates.✅ Using templates improves accuracy in job costing.If you’re in home services and want to keep jobs on track and profitable, these strategies are gold! 💰
-
57
Finding those hidden costs as a home service business
🎙️ In the latest episode of Nail The Numbers, I dive into the often-overlooked area of hidden costs in business and how addressing these can boost profitability without needing to ramp up sales. 🚀From tracking material expenses to keeping an eye on labor and subscription fees, these "invisible" costs can make or break your bottom line. Here’s what I covered:Key takeaways:✅ Profitability is the foundation for growth and sustainability.✅ Hidden costs add up fast and can eat into profits.✅ Implementing a system for tracking material costs is a game-changer.✅ Regular maintenance on vehicles and equipment prevents costly surprises.✅ Optimizing labor costs means more productivity on job sites.✅ Reviewing subscriptions? That alone can yield big savings.✅ Expense assessments reveal waste and open opportunities to save.✅ Managing costs effectively increases profitability without more sales.✅ Regular team discussions uncover areas for improvement.✅ Small, proactive steps can save hundreds (or thousands) each month!This episode is packed with practical strategies for any business owner looking to cut hidden costs and build a stronger bottom line. 💸#ProfitabilityBoost #HiddenCosts #NailTheNumbers #BusinessGrowth #CostManagement #OptimizeYourBiz #HomeServiceSuccess #EfficiencyTips
-
56
Profitability is key during slower times as a home service business
In this episode of Nail the Numbers, I emphasize the critical importance of profitability for home service businesses, especially during economic slowdowns. I discuss how maintaining a focus on profitability can help businesses navigate challenging times, cover overhead costs, and manage debt effectively. I stress the necessity of knowing your numbers to make informed financial decisions and encourage business owners to take proactive steps to ensure their profitability.Takeaways:• Profitability should be the focus all year round.• Don't let economic slowdowns affect your mindset.• Every job must be profitable to sustain the business.• Understanding overheads is crucial for financial health.• Profit covers all business expenses, including debt payments.• Knowing your numbers is key to making informed decisions.• Identify patterns in job profitability to improve operations.• Focus on profitable services and jobs for growth.• Take action today to understand your financial situation.• Seek help if you lack clarity on your business numbers.#profitability #businessgrowth #cashflow #economicslowdown #debtmanagement #homeservicebusinesses #financialplanning #knowingyournumbers #profitplan #sustainablegrowth
-
55
How to maximize your profit in a slowing economy?
In this episode of Nail The Numbers, I discuss strategies for maximizing profit in home service businesses, particularly during economic slowdowns. I emphasize the importance of maintaining a positive mindset, focusing on profitable services, cutting unnecessary expenses, and implementing a profit-first strategy to ensure sustainable growth and profitability. Takeaways Don't let negative economic news affect your mindset. Focus on your most profitable services to drive revenue. Regularly review and cut unnecessary expenses. Maintain your bookkeeping services for accurate financial tracking. Pay yourself even during tough times to avoid personal financial strain. Implement a profit-first strategy to ensure profitability. Encourage your team to upsell and maintain high service standards. Stay proactive in marketing and business growth efforts. Evaluate your pricing strategy regularly to match market conditions. Keep your business operations lean and efficient. #nailthenumbers #HomeServiceSuccess #profitfirst #businessgrowthstrategy #EconomicResilience #servicebusiness #MaximizeProfitability #SmartBusinessSolutions #FinancialSuccess #businessmindset
-
54
Do you know your numbers?
In this episode of Nail the Numbers, I emphasize the critical importance of understanding your numbers for business success. I discuss the three main areas: cash flow management, boosting profitability, and making informed financial decisions. Takeaways: ✅ Knowing your numbers is critical to the success of your business. ✅ Cash flow management is essential, even if it's not enjoyable. ✅ Revenue is important, but net profit is what truly matters. ✅ You need to track your expenses and job costs regularly. ✅ Make informed financial decisions based on accurate data. ✅ Having multiple bank accounts can simplify cash flow management. ✅ Regularly review your pricing to ensure profitability. #homeservicebusiness #bookkeeping #moneymanagement #hvac #profitfirst #businessowner #hvacservice
-
53
How do I start Profit First in my business?
In this episode of Nail The Numbers, Kerry Postel discusses the Profit First methodology, emphasizing its importance in cash flow management for home service businesses. She shares her personal experience with implementing Profit First since 2015 and highlights how it has transformed her business's profitability. Kerry explains the significance of separating profit from operational expenses and encourages business owners to take their profit out of the business to avoid unnecessary spending. She also discusses the benefits of having multiple bank accounts to allocate funds effectively and control expenses. The episode concludes with an invitation for listeners to learn more about implementing Profit First in their own businesses. Takeaways ✔ Profit First is essential for sustainable business growth. ✔ Cash flow management is crucial for profitability. ✔ Paying yourself and taking profit are different actions. ✔ Unexpected expenses can easily consume your profit. ✔ Every dollar in your business should have a purpose. ✔ Multiple bank accounts can help control spending. ✔ Profit First allows for quarterly distributions to owners. ✔ Implementing Profit First can be a game changer. ✔ It's important to keep your books up to date. ✔ Consulting a professional can help with Profit First implementation. #homeservicebusiness #bookkeeping #businesssuccess #bookkeepingservice #bookkeepingbasics #hvac #profitfirst #businessgrowth #bookkeepingbasics #moneymanagement #financialfreedom #constructionprofitfirst
-
52
What is the first thing I need to do to get my books up to date?
In this episode of Nail the Numbers, Kerry Postel discusses the importance of understanding financial numbers for business profitability, particularly for home service businesses. He addresses common fears and challenges business owners face regarding bookkeeping and emphasizes the need for accurate financial management. Kerry encourages listeners to take the next step in hiring bookkeeping help to ensure their business's financial health and growth. Takeaways ✔ Understanding your numbers is crucial for business success. ✔ Many business owners fear hiring the wrong bookkeeper. ✔ Bookkeeping can be more complex than it appears. ✔ Outsourcing bookkeeping can alleviate financial management stress. ✔ You should regularly review your financials with your bookkeeper. ✔ Knowing your numbers can empower business decisions. ✔ Don't let bookkeeping fall to the bottom of your priority list. ✔ There are many businesses struggling with their bookkeeping. ✔ Taking action on your financials can lead to growth. ✔ It's important to have a clear exit strategy for your business. #homeservicebusiness #bookkeeping #bookkeepingservice #businessgrowth #businesssuccess #moneymanagement #profitfirst #hvac #abacusbusinesssolutions #accountingservices #profitability #financialplanning #hvacservice #businessmoneymanagement
-
51
Have you thought about selling your business?
In this episode of Nail the Numbers podcast, Kerry discusses the critical importance of planning for a business exit. He emphasizes the need for business owners to understand their financial metrics and prepare their businesses for sale well in advance. The conversation covers the emotional and practical aspects of exiting a business, the significance of having accurate financial records, and the long-term benefits of strategic planning for a successful exit. Takeaways Consider what your exit strategy looks like. Understanding your numbers is crucial for a successful exit. Don't wait until you're ready to sell to get your numbers in order. Your business's profitability will affect its attractiveness to buyers. Plan for your exit years in advance, not just months. Evaluate your financial goals for the sale of your business. Regularly review your profit and loss reports. Identify areas where your business can improve profitability. Seek professional help to analyze your business's financial health. Start thinking about your exit strategy today. If you are ready to know your numbers and take the next step then go to https://constructionprofitfirst.com/profitcall and schedule your 15 min call with Kerry - have a conversation to see if we are a good fit. #HomeServiceBusiness #SellYourBusiness #FinancialClarity #bookkeepingforhomeservices #homeservices #FinancialTipsForBusiness #moneymanagementstrategies #moneymanagement #bookkeepingbasics
-
50
How to find a bookkeeper for your business?
Don't just hire someone just to get your bookkeeping done. It's not worth it believe me because the cost to clean up that work after someone's done it incorrectly is way way more than what it is to pay someone to do it first time. Takeaways ✅ Knowing and understanding your financial numbers is crucial for the success of construction and home service businesses. ✅ Hiring experienced and knowledgeable bookkeepers is essential to ensure accurate and up-to-date financial data. ✅ The cost of cleaning up mistakes in bookkeeping is much higher than investing in proper bookkeeping from the start. ✅ Regularly reviewing and analyzing financial reports helps business owners make informed decisions and identify areas for improvement. ✅ Seeking professional assistance can provide valuable insights and support in managing and growing a business. #bookkeepingservice #homeservicebusiness #bookkeeping #businessgrowth #moneymanagement #bookkeepingbasics #constructionindustry #abacusbusinesssolutions #businessperformance #businesssuccess #businessstrategy #financialgrowthtips #bookkeepingforsuccess
-
49
What you need to know about your P&L
In this episode, Kerry Postel discusses the importance of knowing your profit and loss (P&L) statement and how it can help business owners make informed decisions. She shares the story of Robert, a plumbing business owner who realized the need to hire a professional to handle his bookkeeping and create accurate P&L reports. Kerry emphasizes the harm of relying solely on bank balances and the misconception that anyone can do bookkeeping. She highlights the power of applied knowledge and how understanding your business's financial performance can drive growth and profitability. Takeaways: Knowing your profit and loss (P&L) statement is crucial for making informed business decisions. Hiring a professional bookkeeper who understands the intricacies of bookkeeping software is essential. Relying solely on bank balances can lead to inaccurate financial insights. Understanding your business's financial performance empowers you to identify areas for improvement and drive growth.
-
48
What impact does it have on your business when you know your P&L?
Your profit and loss is giving you the detail of how is your business performing? Takeaways ✅ Having a Profit and Loss (P&L) report is crucial for understanding your business's performance. ✅ The P&L helps you make data-driven decisions and identify areas where you can cut costs. ✅ Focusing on profitable services and planning for future growth becomes easier with a clear understanding of your P&L. ✅ Implementing profit first and having multiple bank accounts can help allocate funds purposefully. #homeservicebusiness #bookkeeping #bookkeepingservice #moneymanagement #hvac #bookkeepingbasics #profitandloss #businesssuccess #businessgrowth
-
47
What impact does not knowing your numbers have on your business?
In this episode, Kerry Postel discusses the importance of knowing your numbers in a business. She uses the example of Robert, a plumbing business owner who didn't know the details of his numbers and was making decisions based on gut feelings and bank balances. Kerry explains that without knowing your numbers, you're running your business blind and may not be aware of expenses that are impacting profitability. She emphasizes the need to track and analyze all aspects of the business, such as cost of goods sold, fuel expenses, and utility bills, to make informed financial decisions and plan for the future. Takeaways: ✅ Knowing your numbers is crucial for making informed financial decisions and operating your business effectively. ✅ Without knowing your numbers, you're making decisions based on gut feelings and may be putting yourself in a dangerous position. ✅ Tracking and analyzing all aspects of your business, such as expenses and profitability, helps you identify areas for improvement and make necessary changes. ✅ Understanding your profit and loss statement (P&L) and other financial reports is essential for knowing how your business is performing and planning for the future.
-
46
Why reading your Profit & Loss report each month is critical
If you are ready to know your numbers and take the next step then go to https://constructionprofitfirst.com/profitcall and schedule your 15 min call with Kerry - have a conversation to see if we are a good fit. #bookkeepingservice #homeservicebusiness #businesssuccess #businessgrowth #moneymanagement #hvac #abacusbusinesssolutions #profitability #businessowner #financialplanning #businessmanagement #profit #expensemanagement #profitandloss
-
45
How to have confidence on your cashflow
How to have confidence on your cashflow In this episode, Kerry Postel continues the conversation about Brian, who owns an electrical business. The focus of this episode is cash flow, which is a major issue for many businesses. Kerry emphasizes the importance of tracking cash flow and knowing where your money is going. She suggests creating a cash flow spreadsheet to forecast income and expenses, as well as building a financial reserve for emergencies. Kerry also recommends creating a budget to anticipate expenses and stay on track financially. Takeaways ✅ Cash flow is a major issue for businesses and needs to be actively managed. ✅ Tracking cash flow and knowing where your money is going is crucial for business success. ✅ Creating a cash flow spreadsheet can help forecast income and expenses. ✅ Building a financial reserve can provide a safety net for unexpected expenses. ✅ Creating a budget helps anticipate expenses and stay on track financially. If you are ready to know your numbers and take the next step then go to https://constructionprofitfirst.com/profitcall and schedule your 15 min call with Kerry - have a conversation to see if we are a good fit.
-
44
The Importance of Expense Tracking and Management
It's really important that you know how much you're spending and what you're spending it on. Takeaways: ✅ Expense tracking is crucial for business owners to know exactly where their money is being spent. ✅ Categorizing transactions helps identify overspending and areas where adjustments can be made. ✅ Tracking vendor bills and paying them on time is important for maintaining a good reputation and potentially negotiating discounts. ✅ Using software like QuickBooks Online can simplify expense tracking and provide valuable financial insights. ✅ Business owners should take control of their numbers and seek professional help if needed.
-
43
How to track your home service business expenses
In this episode, Kerry Postel discusses the importance of financial organization for business owners. She uses the case study of Brian, an electrician who is struggling to keep up with his expenses due to using a single bank account. Kerry emphasizes the need for multiple bank accounts to allocate funds for different purposes such as operating expenses, payroll, materials, and profit. She also advises against mixing personal and business finances. Kerry encourages listeners to take control of their finances and provides resources for further assistance. Takeaways Using multiple bank accounts helps business owners allocate funds for different purposes and stay organized. Separating personal and business finances is crucial for financial clarity and accountability. Taking control of your finances and telling every dollar where it should be used is essential for business success. Seeking assistance and guidance from professionals can help business owners implement effective financial strategies.
-
42
How to understand your numbers in your home service business
Tim, a plumbing business owner, is facing challenges with cash flow, time management, and understanding his financial numbers. He is struggling to pay himself, manage expenses, and plan for future growth. The solutions for Tim include adopting the profitability accounting method, improving invoicing and payment collection, outsourcing bookkeeping, creating a budget and forecast, and implementing time management strategies. These strategies will help Tim take his business to the next level and make informed financial decisions. Takeaways Adopt the profitability accounting method to separate profit, taxes, and expenses. Improve invoicing and payment collection to ensure timely payments. Outsource bookkeeping to ensure accurate financial reports. Create a budget and forecast to plan for future expenses and revenue. Implement time management strategies to delegate tasks and avoid burnout. #constructionprofitfirst #homeservicebusiness #ProfitFirst #profit #TimeManagement #financialplanning #ExpenseManagement #profitability
-
41
How to avoid burnout in your home service business
In this episode, Kerry discusses the struggles faced by Steve, a business owner in the HVAC industry, and offers four solutions to improve cash flow. The main challenges Steve faces include inconsistent cash flow, slow customer payments, lack of expense management, and high operating expenses. Kerry suggests implementing the profitability accounting method, improving invoicing and payment processes, tracking and reducing expenses, and optimizing operating costs. By staying ahead of cash flow, business owners can stabilize their finances and create a more profitable operation.
-
40
Why do I need to know how much profit I am making?
Discover why knowing your profit is crucial for your success in our latest training with Kerry Postel. Understanding your numbers isn't just about bookkeeping—it's about making informed decisions that drive your business forward.
-
39
Who is Kerry? Discovering the Person Behind Nail the Numbers Podcast
Discovering the Person Behind Nail the Numbers Podcast. I’m Kerry Postel, the heart and brains behind Abacus Business Solutions, a company that’s been steadily expanding over the past twelve years. Driven by a profound desire to empower business owners in understanding and trusting their financial numbers, Abacus has become much more than just a business; it’s a testament to passion meeting purpose. My journey to the world of accountancy wasn’t etched from the start. As a youth, the future seemed like a giant question mark until a serendipitous introduction to business and finance during my higher national diploma course in England struck a chord within me. This was followed by a pivotal leap—work experience in my mother’s accounts department. There, amidst ledgers and figures, I discovered a passion for numbers.
-
38
Is your bookkeeping a job you would prefer not to do?
Being in business is tough.If it was easy then everyone would do it - right?There are so many hats that we all wear as business owners.It can be so overwhelming.It can be exhausting.It is a lot.It doesn't matter how strong you think you are, there will be moments when it is hard.
-
37
Building a Reserve Fund: Your Business's Safety Net
This week, we're talking about am important bank account for all home service business owners: The Importance of Having a Reserve Fund. We had a great session on why having a reserve fund is essential for your home service business. Learn practical tips to start building your safety net today.
-
36
World of diversification for home service businesses!
Listen as we talked about the power of diversification in the home service industry. Learn why offering a variety of services can be your key to unlocking new markets and reducing risk.
-
35
How To Prioritize Decreasing Debts And Pay Off Loans (If That’s Your Goal)
As a home service business owner can prioritize decreasing debts and pay off loans with ONE easy strategy.If you have high-interest loans or mounting debt that you’re paying off…This training is for you!So if you want to know exactly HOW you can pay off your loans and decrease your debt in 2024 without just dumping all your extra cash into every bill you have…You’re going to want to listen!
-
34
Change orders - track or lose?
Today's deep dive into the world of change orders was nothing short of enlightening! From mastering clear communication to navigating the tricky waters of negotiation, we covered essential strategies to keep your construction projects profitable and on track.
-
33
How many accounts do you need on your Chart of Accounts?
Are you a business owner? Are you focusing on the day to day of your business? Is your QuickBooks file the last thing on your mind? Are you focused on sales and customer service? All of these things are important, but knowing your numbers is also critical to the success of your business.
-
32
Why Outsourcing Your Financials to a Pro Can Transform Your Business
In this episode we talked about the importance of knowing the numbers and how knowing your numbers can help you to grow your business.
-
31
Decoding the Balance Sheet for Home Service Businesses
We are jumping into balance sheets this week! Perfect for home service businesses looking to understand their financial standing better.
-
30
Navigating Your Profit and Loss Statement - A Guide for Home Service Businesses
Understanding each line of your Profit and Loss report can transform how you manage your finances. We're breaking down what each section means and its importance to your home service business.
-
29
Are you using QuickBooks in your business?
In the busy world of the home service industry, managing finances can often feel like juggling while walking a tightrope. That's where QuickBooks Online (QBO) comes in – a tool designed to simplify and streamline your financial management. Let's take a look at how QBO can be a game-changer for your home service business.
-
28
Do you know how much money you make on each job?
Do you track how much each job costs you? Some call it job costing and shy away from what that means. Join me where I will be sharing why tracking how much each job costs you is so important.
-
27
How to control your expenses but not the way you think!
If I told you, there was a way that you can control your expenses, would you want to know more? One way I teach this is to open additional bank accounts. You may be thinking that sounds like it is creating more work, but I promise you it is a way to get more organized, and to tell every dollar in your business what it is to be used for.
-
26
2024!! Make it great!
Good bookkeeping is the backbone of sound financial management. We're sharing simple yet effective bookkeeping practices to keep your finances organized and transparent.
-
25
Reflecting on 2023
2 weeks left of 2023! Where did this year go? For me, this year has flown by. It has been a year of growth, changes for the better and new opportunities. Do you take time for reflection before the end of the year?
-
24
Tidying Up Your Financial Mess
Deepening your understanding of financial records is more than just a business necessity; it's a strategic advantage. In my latest live training, I delve into the nuances of effective bookkeeping, discussing how it impacts business decision-making, risk management, and long-term financial planning. Discover the key elements that make for a robust financial management system.
-
23
Year-End Strategies for Home Service Businesses
The end of the year is a great time to assess your business's financial health. Watch my live training where I outline crucial areas to review as you conclude the year. We talked about Financial Health of your business, Customer Relationships and Setting Goals for the New Year.
-
22
2024 - what are your goals?
Are you set for 2024? This week, we’re focusing on the power of goal-setting for the upcoming year. Get ready to be inspired!
-
21
10 questions every home service business should ask themselves
We’re diving into a vital question for home service business owners: Are you making as much money as you should be? Stay tuned for eye-opening insights!
-
20
The Importance of Monthly Profit And Loss Reviews
Do you really need to check your Profit and Loss statement every month? Stay tuned for a week full of insights that could change the way you view your business finances!
-
19
Money Check-Up: Why Reviewing Your Monthly Expenses is a Game-Changer.
Ever find yourself scratching your head, wondering where all your hard-earned money goes each month? We've got something special lined up that could be a total game-changer for your business! Keep your eyes peeled all week for tips and tricks that could revolutionize your finances.
-
18
Increase revenue vs Increase Profit
Heads Up, Construction Pros! We've got something big brewing for you this week. We're diving deep into game-changing strategies that will help you skyrocket your revenue. Trust us; you won't want to miss this.
-
17
Let's talk overhead costs!
Ready to Slash Your Overhead Costs? High overhead costs can be a silent profit killer in the construction industry. Tune in to our live training session to discover actionable strategies for reducing your overhead without sacrificing quality or safety.
-
16
Unlock the Secrets of Expense Tracking!
Get Ready to Master Expense Tracking! Do you know where every dollar in your construction business is going? Understanding your expenses is key to preventing cash flow problems.
-
15
Master Upfront Deposits!
Unlock the Power of Upfront Deposits! Are you struggling with cash flow in your construction business? Upfront deposits can be a game-changer. Stay tuned for a live training session tomorrow where we'll discuss how to effectively implement upfront deposits in your business model.
-
14
Emergency Funds - got one?
Are You Financially Prepared for the Unexpected? Financial setbacks can happen at any time, especially in the construction industry. That's why you won't want to miss our live training session. We'll be diving deep into the crucial topic of building an emergency fund that can act as your financial safety net.
-
13
Bidding a job and why knowing your numbers is part of that
Get Ready to Bid Smarter, Not Harder! 🔨 Are you tired of losing bids or winning ones that aren't profitable? If so, you won't want to miss our live training session tomorrow. We'll be diving deep into strategies that will revolutionize the way you approach competitive bidding in the construction trades.
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
Welcome to Nail The Numbers Podcast by Abacus Business Solutions, where numbers make sense and profits soar! Here is your host Kerry Postel, the driving force behind Abacus Business Solutions. Get ready to turn insights into action and watch your business thrive!
HOSTED BY
Kerry Postel
CATEGORIES
Loading similar podcasts...