Understanding Your Business Finances

In this unique money-minded episode, Roland Ligtenberg interviews Brett Neal, a partner at High Velocity Accounting. They discuss various aspects of running a home service business, including cash flow, marketing spend, cost per acquisition, job costing, and the importance of proactive tax planning. Learn common accounting mistakes, how to protect your assets, and get key budgeting tips. Brett also advises on the best payment methods for home service pros and the importance of having a cash reserve to handle seasonal fluctuations and unexpected expenses.