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Content provided by Frazier Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frazier Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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076 | You're Doing It Wrong: Online Bank Balances LIE

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Manage episode 485490986 series 2350975
Content provided by Frazier Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frazier Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Your bank account is lying to you. It doesn’t show your future expenses, unpaid invoices, or which parts of your business are actually profitable.

In this episode, CPA and business strategist Todd Frazier explains why accurate accounting is the missing key in most small businesses. Learn how financial records are the scoreboard you need to make confident, strategic decisions—and why flying blind could be costing you more than you realize.

🔹 Topics Covered:

  • Why your bank balance is a terrible business metric

  • How to tell what’s really working in your business

  • Using gross profit margin and net profit to make smarter decisions

  • When it’s okay to lose money on a product or service (yes, there are exceptions!)

  • Tools and platforms Todd recommends for easy, effective bookkeeping
    🧭 Do Business Method: Perspective → Process → Results → Repeat

✅ Schedule your free consultation: https://frazinc.com
📌 Subscribe for more honest, practical business advice.

  continue reading

76 episodes

Artwork
iconShare
 
Manage episode 485490986 series 2350975
Content provided by Frazier Industries. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frazier Industries or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Your bank account is lying to you. It doesn’t show your future expenses, unpaid invoices, or which parts of your business are actually profitable.

In this episode, CPA and business strategist Todd Frazier explains why accurate accounting is the missing key in most small businesses. Learn how financial records are the scoreboard you need to make confident, strategic decisions—and why flying blind could be costing you more than you realize.

🔹 Topics Covered:

  • Why your bank balance is a terrible business metric

  • How to tell what’s really working in your business

  • Using gross profit margin and net profit to make smarter decisions

  • When it’s okay to lose money on a product or service (yes, there are exceptions!)

  • Tools and platforms Todd recommends for easy, effective bookkeeping
    🧭 Do Business Method: Perspective → Process → Results → Repeat

✅ Schedule your free consultation: https://frazinc.com
📌 Subscribe for more honest, practical business advice.

  continue reading

76 episodes

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