ORDER A COPY OF OUR NEW BOOK!
Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/
Website: https://dontspreadwealth.com/
Running a business is about more than just making sales. If you don’t understand your financial statements, you’re flying blind.
In this episode, we break down why financial statements are more than just numbers on a page. We also explain how business owners can leverage financial statements to spot inefficiencies, avoid tax surprises, and build long-term wealth.
Many entrepreneurs focus on revenue but miss the bigger picture—how money moves through their business. Knowing your numbers means having control, avoiding financial pitfalls, and making smart decisions that secure your future.
Stop leaving your financial future to chance! Learn how to take control of your business finances like a pro!
WATCH▶️ Business Owners need to understand Financial Statements!
Key Points:
00:00 Introduction.
03:46 Financial statements as a business language.
08:02 Role of financial professionals.
16:13 Financial statements reveal business health.
19:48 Identifying financial gaps.
25:09 Proper financial analysis.
31:24 IT consultant’s transition.
39:00 Aligning financial strategy.
45:10 Unpacking balance sheets.
47:44 Business owners considered assets.
53:45 Misinterpreting insurance expenses.
01:01:37 Professional fees on business finances.
01:04:14 Cash flow statements.
01:06:52 Financial gaps and solutions.
———————————————————————————————————————
ORDER A COPY OF OUR NEW BOOK!
Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/
Website: https://dontspreadwealth.com/
🎙️ WEALTH ON MAIN STREET LINKS:
Learn how Canadians are Implementing Infinite Banking for Free Here:
https://www.ascendantfinancial.ca/ibc-wwbs/…
Podcast Website: https://wealthwithoutbaystreet.com/
Follow us on Facebook: Facebook:https://www.facebook.com/wealthonmainstreetpodcast
Subscribe to our YouTube channel: https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g
Book a 15-minute call: https://www.ascendantfinancial.ca/schedule/…
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash, here:
https://dayofnelson.com/day
🤝 Join Our Community! https://www.facebook.com/groups/wealthwithoutbaystreet/
📚 IBC RECOMMENDED BOOKS
https://shop.ascendantfinancial.ca/…
📽️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA – Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/