In this conversation, Josh and Greg discuss the critical aspects of year-end financial management for business owners, emphasizing the importance of understanding profitability, job costing, and effective sales strategies. They explore the necessity of having a solid bookkeeping system, the challenges of self-employment, and the importance of accountability in business. The discussion also highlights the significance of planning for future growth and utilizing data to inform business decisions, while addressing the need for employee engagement and clear growth paths within organizations.

Chapters

00:00 Navigating Year-End Financials
05:30 Understanding Profitability and Cash Flow
10:05 The Importance of Job Costing
14:06 Pricing Strategies and Client Perception
23:32 Educating Clients on Value
29:40 Choosing Clients Wisely
31:01 Navigating the Digital Shift
34:09 Understanding Financial Management
39:02 The Importance of Accountability
41:58 The Challenges of Self-Employment
46:00 Planning for Success in Business
56:59 The Journey of a Business Owner