Have you ever pondered this powerful question regarding your business finances: How much can I safely pay myself without jeopardizing my business’s financial health?

In the early stages of your business, Profit First offers invaluable guidelines for managing your finances. However, as your business expands and evolves, a personalized financial plan becomes indispensable to align with your unique personal and business objectives.

Consistently paying yourself a set amount, even during months of fluctuating revenue, is crucial. While your business income may vary, your expenses likely remain consistent month to month. This is where cash flow forecasting comes into play—a vital aspect of my consulting services.

Cash flow forecasting involves predicting future revenue, expenses.

Once you’ve reached a minimum plateau in your income, you can establish how much to pay yourself consistently. Whether it’s a small or large percentage, the key is to be consistent. Fluctuating personal payouts can lead to uncertainty in both your business and personal finances.

When I embarked on my entrepreneurial journey, I stumbled upon a post discussing cash flow planning and forecasting, labeling it as false security planning. Initially, I grappled with doubts about the value of my studies and experience in running a business and generating income.

While I had a firm grasp on managing expenses, the unpredictability of incoming revenue left me feeling uncertain. However, working with established female founders earning 10k per month and beyond revealed a stark difference. Their consistent revenue streams allowed for more accurate future planning.

It’s empowering to realize that you’re in control of your finances. As a recent comment from a fellow woman aptly put it, mastering your finances requires a blend of adulting, responsibility, and prioritization.

Being immersed in your business can often make things feel overwhelming and complex. That’s where I come in—to simplify your business and personal finances because, as interconnected as they are, clarity in one area breeds clarity in the other. Let’s streamline your financial journey together. I know it might seem like a daunting task at first glance, but think of it like a 5-step self care routine—once you get into the flow, it moves quicker than you’d expect! Typically, I spend anywhere from 30 minutes to an hour on this process weekly , depending on the depth of analysis I want to delve into.

However, if you’d rather have someone handle it all for you, allowing you to breeze through without a second thought, then you’re in luck! I specialize in financial planning keping those crucial numbers in check, meticulously organizing them so you never lose sleep again.

Book a free consultation today