Show notes
Welcome back to the Boldly Courageous Podcast! If you have ever wondered how to think like a true CEO when it comes to your business then this episode will deliver all of the tools. My guest Mike King has been an outsource CEO for over 200 entrepreneurs and is obsessed with helping business owners understand their numbers in order to create massive impact with their business.
In this episode you will learn:
- That ½ of small businesses fail in the first 5 years of business due to poor financial decisions
- The difference between sales and actual profits
- The 4 numbers every business owner must know to determine the health of their company
- How to transition from being an amateure to a true entrepreneur
- What steps you can take to get your business set up properly no matter how big or small it is
- What information you need to be prepared for tax time
- How much money to be saving for taxes
- How to pick your financial team to manage your finances
- The difference between a bookkeeper, CPA, Tax Preparer and CFO
- How to be forward thinking when it comes to your business
- Mike’s group coaching program for new entrepreneurs that want to take ownership for their numbers
Connect with Mike King:
Instagram | Business Money Accelerator
Be Boldly Courageous with Melissa: