Amy Bett Co-Founder of Drink Melo and Profit First Professional on how to manage your business cash flow and how she personally came to understand its vital importance.

@amybett is a businessowner and entrepreneur. 

In this episode we discuss the importance of understanding financial health in business and managing cash flow effectively.

Amy shares her personal journey as a founder and owner;

• how  (and the very personal why) she transitioned from working for a corporate events business to starting her own venture
• the up's and down's that led to a focus on cashflow 

Amy introduces the concept of @ProfitFirst - a cash flow method that involves breaking down finances into different categories to gain clarity on expenses, profits, taxes, and more. We cover;

• how business owners can make informed decisions about their finances and allocate funds more strategically
• why understanding financial reports is crucial to gain insights into the health of a business
• some of the 'mechanics' of the Profit First approach
• the importance of seeking advice and guidance from advisors, coaches, and mentors
• her new #startup @melo a non-alcoholic drink made from kava extract

@kerrcapital @michaelkerr 

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Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.

michael.kerr@kerrcapital.com.au

www.ownertoownerpodcast.com.au