Jan 31, 2019
In episode 126 of Financially Simple, Justin looks at creating a Pro Forma for your Business.
A Pro Forma is a living document that will act as a record of a business, and will also allow you to make certain predictions of where a business is headed. Justin goes over the fundamentals of making a Pro Forma for your...
Jan 28, 2019
In episode 125 of Financially Simple, Justin compares Zero Based Budgeting and Incremental Budgeting.
Knowing how much your business will required to achieve a certain goal is essential to avoid problems in running the business, whether those goals are short term or long term. Justin looks at two budgeting techniques,...
Jan 24, 2019
In episode 124 of Financially Simple, Justin continues his deep dive into creating a best in class Financial department in your business, by looking at your Profits and Losses.
Knowing the full extent of your revenue and costs will help develop a greater understanding of your Business’s financial state, and in so...
Jan 21, 2019
In episode 123 of Financially Simple, Justin lists his tips for managing Accounts Payable.
Keeping track of expenses and making sure the bills are paid on time! Justin gives 19 tips on how to best manage the tasks, and creating a best in class systems that will be able to operate with minimal interference by the...
Jan 17, 2019
In episode 122 of Financially Simple, Justin gives some tips on managing your Accounts Receivable.
How to get paid, without any hassle, and on time - it makes running a Business much easier! Justin lists 19 tips on making the payment process easier for your customers, and less of a headache for you.