3. How to Tell if the Money in Your Business Bank Account is Actually Yours

3. How to Tell if the Money in Your Business Bank Account is Actually Yours

From CFO Voicenotes from Harriet Formby by Harriet Formby

September 11, 2024 · 10 min · Season 1

About this episode

This episode discusses how to determine if the money in your business bank account is truly yours and offers practical financial management tips.

Discover how to tell if the money in your business account is really yours (hint: it’s probably not all spendable). In This Episode: Learn the importance of setting aside money for taxes and how much to save. Find out why you should be paying yourself a regular salary —and not just dipping into your business funds. Get practical tips on organising your finances with separate “pots” or accounts for taxes, savings, and expenses. Access a free cash flow forecast template to help you track your expenses and stay in control of your money. Sign up to our email lis t to receive the cashflow template in your inbox   Welcome to Voice Notes from Your CFO Bestie! The podcast where we make managing the financial side of your business lighter, more fulfilling, and dare we say—enjoyable! Hosted by   Harriet Formby , a Fractional CFO and business mentor, behind   Below The Line Finance Chartered Accountants & Business Advisors   and   G et Number Savvy Finance Training   this podcast offers bite-sized insights to help you feel in control of your business finances. Whether you’re grabbing a coffee, walking the dog, or on the go, hit subscribe and start…

People in this episode

Host: Harriet Formby

Topics covered

  • business finances
  • cash flow management
  • tax savings
  • salary structure
  • financial organization

Keywords

  • business bank account
  • tax savings
  • salary
  • cash flow forecast
  • financial organization

Mentioned in this episode

Organizations: Below The Line Finance Chartered Accountants & Business Advisors, Get Number Savvy Finance Training

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