Practical Steps to Manage Small Business Finances with Linda Karressy

When managing the finances of a small business, precision and proactive planning are important to sustainability and growth.
Every dollar matters, and knowing how to manage your money can really help your business succeed.
In today's episode, we're thrilled to have Linda Karressy, a fractional CFO and trainer for service-based businesses and nonprofits, join us. Linda brings her expertise from founding and leading Insight Financial Group (insightfinancialindy.com) and Insight Business Academy (insightbusiness.thinkific.com). We cover essential financial practices, how to streamline accounting processes, and tips for financial planning. Linda shares invaluable insights that can help any small business owner better manage their finances and plan for future growth.
Tune into our full episode for more detailed guidance and start mastering your finances today!
Specifically, this episode highlights the following themes:
✅ Understanding the importance of cash flow in small businesses
✅ Tips for separating personal and business finances
✅ Practical steps for effective financial management
Other Mentioned Links & Resources
✅ Learn more about Insight Financial Group:
insightfinancialindy.com
✅ Learn more about Linda Karressy:
/ linda-diakite-karressy...
✅ Subscribe to Linda Karressy’s CZcams Channel
/ @insightfinancialgrp
✅ Learn More About Treefrog’s Small Business Marketing Resources & Services:
www.treefrogmarketing.com
✅ Receive 50% Off Your First Year of HoneyBook:
www.treefrogmarketing.com/hon...
✅ Use this coupon code to try Showit for FREE
www.treefrogmarketing.com/sho...
✅ Join the Priority Pursuit Podcast Facebook Community: / 179106264013426
✅ Follow or DM Treefrog Marketing on Instagram
/ treefroggers
✅ Follow or DM Kelly Rice on Instagram
/ treefrogkelly
✅ Follow or DM Victoria on Instagram:
/ victorialrayburn
==== Time Stamps ====
00:00 - Introduction
01:31 - About Linda Karressy
04:47 - Entrepreneurs must handle many business functions
09:18 - Training team on accounting cycle and oversight
11:39 - Financial check-ins help identify business problems
15:15 - Business owners should focus on business goals
19:45 - Evaluate your mindset and knowledge about money
25:11 - Understanding financial statements is crucial for business
29:42 - Monitor bank and credit card for fraud
32:24 - 5 simple steps to organize record keeping
35:40 - Monitor cash flow for sustained business growth
37:42 - Track monthly sales, expenses and balances diligently
42:03 - Connect with Linda Karressy