August is about pushing your business forward by innovating your products, services, and processes. This doesn’t always mean a complete overhaul—it can be as simple as improving what already works or finding creative ways to stand out in your market.

Running a business means wearing all the hats - often at once. But there's one hat many of us avoid until it's too late: the "Finance Hat” 🤠. What if I told you it doesn’t have to feel like a chore?

It’s one of the most common questions business owners ask—and for good reason. Choosing the wrong method can lead to unexpected tax bills, compliance issues, or cash flow problems. The best approach depends on your business structure: sole trader, company, or trust. Here’s what you need to know to stay compliant and get paid the smart way.

Struggling to pay your bills on the due date is a sign that something’s not right in your business finances. Finding the root cause of cash flow issues is often difficult if you’re not using Profit First. 

Whether you're just starting out or have been in business for years, tracking your financial health is a key part of operating a sustainable, profitable business. By monitoring key financial elements regularly, you can spot trends, identify issues early, and uncover opportunities for growth.

"Do not save what is left after spending, but spend what is left after saving." – Warren Buffett
Review cash flow, cut unnecessary expenses, and build financial discipline.