Take Control of Your Money

Got the basics handled? Go further — know your numbers cold, build a cushion, and keep more of every dollar.

  1. Know the number that keeps the lights on: Your break-even is the amount you must bring in each month just to cover your costs — the line between losing money and making it. Most…
  2. Read a profit & loss statement in 5 minutes: Your P&L tells you whether the business actually made money. We walk the three lines that matter — revenue, cost of goods, and net — and…
  3. Profit First: pay yourself before the bills: Most owners pay every bill first and hope profit is what's left. Flip it: take profit off the top into a separate account, and run the…
  4. Smooth out feast-or-famine: Service income is lumpy — a huge month, then a dead one. The owners who sleep at night aren't the ones with the biggest months; they're the…
  5. Know which work actually makes you money: Not all jobs are equal — some make you great money, some quietly lose it, and most owners can't tell which is which. Margin is simply…
  6. 5 questions every small business should answer before raising prices: A 10% price increase to existing customers is almost always net-positive — but only if you know your margins, your repeat rate, and how to…

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