Why Every Business Needs a Budget with Dave Ramsey

Published: Aug. 9, 2021, 5:30 a.m.

Cash flow is the gasoline in any small-business\u2019s engine. And sure, we all know it\u2019s important to manage your money\u2014but some business owners believe that only means looking at the profit and loss statement once a month. While this financial strategy is better than having no strategy, it can lead to problems\u2014and there\u2019s a better way. The answer? A budget for your business. In this episode of The EntreLeadership Podcast, we sit down with Dave Ramsey, the CEO and founder of Ramsey Solutions. He talks about why having a budget for your business is so important. Then George Kamel chats with Ramsey Solutions Senior Executive Director of Finance Jeff Williams. Jeff lays out a step-by-step process you can use to start budgeting for your business.\n\xa0\nTake The EntreLeadership Podcast Audience Survey\n\xa0\nThe EntreLeadership Podcast\nDave Ramsey's website\nLearn more about EntreLeadership business coaching.\nHow to Calculate Retained Earnings by Ramsey Solutions\nDownload The 6 Financial Reports That Can Save Your Company.\nSchedule a call with Tim, our producer.\n\xa0\nLearn more about the offers from our EntreLeadership Partners:\nBELAY\xa0|\xa0Gravy\xa0|\xa0Hite Digital