Understanding all aspects of your finances is key to the successful running of any business, but it can be a major downfall for some. This and more is covered in my interview with Chris Stenhouse, Business Manager at Professional Booking Services (PBS) back in Episode 55. That’s right – it’s rerun time!The Melbourne-based family business provides full financial and administrative solutions to businesses throughout Australia and overseas. Working across all industries, PBS bookkeepers support businesses with turnovers ranging from $50,000 to $12million.In this episode, Chris covers all-things bookkeeping. He discusses the difference between a bookkeeper and accountant, what makes a good bookkeeper, and the importance of having a good rapport with your bookkeeper. You’ll also hear his tips on staying on top of your payable reports.Topics covered on budgeting, financials and general finance insights: How bookkeepers can set up a budget for you, understanding your earning potential through budgets and billable days, and building your budget from nothing. Common financial habits of Allied Health business owners, Chris’ advice on how often you should be checking your financials, and the importance of monthly financial reviews. Making bookkeeping love happen, better understand your cost of sales, setting KPIs with your bookkeeper, explaining profit losses and balance sheets, and how to account for unusual expenses correctly. Related Episodes Episode 55: [Learning From Your Bookkeeper] Connect with Chris Visit Chris’ Website Follow Chris on Instagram (@pbs_bookkeeping) Connect with Chris on Facebook Connect with Chris on LinkedIn Connect with Nacre Consulting: Join the Accelerator Mastermind Complete the Allied Health Biz Quiz Let’s connect on Instagram Follow us on Facebook Let’s connect on LinkedIn Join our Facebook Group...

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“What did the council decide on item 42?” — answered with the speaker and the moment.