Money Basics

New to the money side? Start here — separate your accounts, see what's really happening, and price so you actually get paid.

  1. Stop mixing business and personal money: The first real money move isn't fancy — it's a separate bank account. When business and personal money share one account, you can't tell if…
  2. Know what's coming in and going out: You can't manage what you can't see. You don't need accounting software on day one — you need a simple, honest record of money in and money…
  3. Set money aside for taxes before it bites you: The most common gut-punch for a new owner is a tax bill for money they've already spent. Nobody withholds taxes for you now — that's your…
  4. Busy isn't the same as making money: Plenty of owners are slammed with work and still broke. The reason is the gap between three different things: revenue (what comes in),…
  5. Price so you actually make money: The most expensive mistake a new owner makes is pricing by copying a competitor or guessing what feels fair. Your price has to cover your…

More playlists on money

  • Cash is Tight This Week: Collect what's owed and raise your floor — two moves that buy you breathing room fast.
  • Take Control of Your Money: Got the basics handled? Go further — know your numbers cold, build a cushion, and keep more of every dollar.
  • Fund Your Business: Need money to start or grow? Figure out how much, learn your real options, build business credit, and find the right lender.
  • Get Funding-Ready: Turn a nervous ask into an approval: know what lenders check, understand SBA loans and grants, and steer clear of the money that sinks businesses.
  • Taxes, Demystified: The thing everyone dreads, in plain English. What you owe, when it's due, and how to keep it from biting you.
  • Scale Up Your Business: Ready to grow bigger? Know when you're truly ready, fund it without sinking, add capacity without breaking, protect your profit, and build systems so it doesn't all rest on you.
  • Buy or Sell a Business: Grow by buying instead of building, weigh a franchise, or plan the exit that pays you back. Vet a deal, value and fund it, and get your own business ready to sell.
  • Protect & Recover From Disaster: A flood, hurricane, fire, or storm closes more small businesses than any recession. Prepare before, insure against the real gaps, move fast after, tap SBA disaster loans, and reopen stronger.

More Bizer Academy lessons

Bizer
Loading…