Effective Communication for Small Businesses
In this episode, Tim welcomes Cheryl McMurtry, founder and president of McMurtry Financial Services. She is an accounting maven with 25-plus combined accounting, CFO, and related professional experience with small businesses, non-profits, educational institutions, and faith-based organizations. They dive into the topics of communications in business.
Tim and Cheryl talk about joining workshops that support small businesses, the importance of getting professional services, financial statements, write-offs for businesses and much more.
Highlights:
06:34 Starting a business is much like having children. There’s no qualifiers to launching a business, much like there’s no qualifiers to parenting children. You just do it.
24:49 Financial statements are key, you can see whether you’re making enough money, what your profits really are and how you can use those profits to actually create a paycheck for yourself.
32:38 Documentation is critical when you are taking advantage of some of those entertainment, vehicles, trips, traveling for business, etc.
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