• The Financial Reports Every Creative Needs

  • Oct 9 2024
  • Length: 12 mins
  • Podcast

The Financial Reports Every Creative Needs

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    Welcome back to the Creative Minds Smart Money Podcast! I’m your host, Samantha Eck, and in today’s episode, we’re talking about something every creative entrepreneur needs but most tend to avoid—financial reports. Whether you're running a thriving creative business or just getting started, knowing your numbers can be the difference between growing and struggling.

    Today, I’m breaking down the three essential financial reports that every creative entrepreneur should know:
    💰 Profit & Loss Statement – How much are you really making?
    📊 Balance Sheet – A complete snapshot of your financial health.
    💸 Cash Flow Statement – Understanding the flow of money in and out of your business.

    These reports aren’t just about tracking numbers—they’re telling you the story of your business, helping you spot opportunities, and warning you when things might be going off the rails. Plus, I’ll explain why checking these reports monthly can help you make smarter business decisions and keep you on track.

    Don’t let your numbers intimidate you—grab your coffee, dive in, and learn how to make these reports work for you. Your future self will thank you!

    Connect with Samantha:

    Website: https://www.firestormfinance.com/

    Instagram: https://www.instagram.com/firestormfinance/

    Threads: https://www.threads.net/@firestormfinance?hl=en

    Pinterest: https://www.pinterest.com/firestormfinance/

    Newsletter: https://firestorm-finance.ck.page/8194316ed3

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