Financial Self Care For Business Owners - Nick Annan, CPA - Ep. 60
In this episode, we speak with Nick Annan, CPA with Elliot Davis. With nearly 17 years of public accounting experience, Nick spends his days very similar to us – serving as controller and CFO advisor to real estate, professional services firms and not-for-profit clients. We always love the chance to talk business and money with Nick.
John and Nick cover some unique nuances of P&Ls, balance sheets, and cashflow statements. But they also dive into why it's so common for business owners to miss the mark with financial planning and forecasting – tasks that can feel murky or daunting, yet offer one of the surest ways to drive predictable success in business and "personal life outside the business".