15. Three Sets of Books

Speakers

• Speaker 1 0:12
• Speaker 2 3:53

1. 0:12

   Chapter 1: The reality of the business world is that every business owner should have a minimum of two sets of financial books or accounting reports. 219s · Speaker 1

   The reality of the business world is that every business owner should have a minimum of two sets of financial books or accounting reports. One set of financial reports will not cut it. I sometimes recommend business owners keep three sets o…

2. 3:53

   Chapter 2: Before I talk about that, let me be clear. 306s · Speaker 2

   Before I talk about that, let me be clear. I'm not advocating a third set of books. On the other hand, having advised and consulted with literally thousands and thousands of business owners, I'm convinced that most small and medium-sized bu…

3. 8:59

   Chapter 3: He was dragging $750,000 a year. 287s · Speaker 2

   He was dragging $750,000 a year. The reality is his business was performing quite well, but he was suffocating it by having his business... pay for the bulk of his personal consumption an even bigger problem was that he wasn't even aware of…