As an entrepreneur who’s operated and sold several profitable businesses, I’ve had the same kind of dreams as you do, and the same kind of challenges that you may be having.
I’ve navigated the highs and lows of owning a business and managing household finances, and several years ago I took over the reins of our family’s outdoor retail chain.
On paper it looked pretty profitable. But in reality, we had our struggles, like most small businesses.
We needed a system to plan for our expenses, our cash flow and our taxes. But we also wanted to pay ourselves regularly, while keeping our family business and household finances separate.
As you can imagine… it was complicated. Really complicated.
There were periods where I felt like our finances were in absolute chaos!
The sleepless nights as we weathered economic downturns, changes to tax laws, personnel challenges, and the stresses of day-to-day family life.
But, in a few short years, I discovered a new way of managing our business, and household cash flow & spending.
In fact, I was able to completely transform our business’s profit margins!