Episode Summary
Key Takeaways To Tune In For
- [01:15] Kristin Ingram’s background
- [02:39] Top mistakes businesses make with their finances
- [03:35] Setting up your business for success from the start
- [06:30] Sole proprietor, LLC, and Corporation? How to choose the right one
- [10:18] Why you should separate business from personal finances
- [13:34] Numbers you should be looking at on a daily basis
- [16:45] Why you need a bookkeeper
- [19:45] All about getting a PPP loan
- [27:15] Should you take the PPP loan if you qualify
[32:45] Why you might not need to track your inventory - [34:15] The benefits of treating your inventory under cash bases
Resources talked about in this episode
- Guest website – Small Biz Mama
- Book a Call – Digital Dawn Agency
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