Guest Masterclass: Business Finance Tips You Should Know With Coach Yemisi

Some key takeaway from the session:

You cannot grow what you’ve not measured and you cannot measure what you have not recorded

If you don’t have data about your business, you’re likely to make wrong financial decisions

If you want to measure your business growth or plan for business growth, you need to keep financial records.

No matter how small your business is, even if you’re the only employee, set a salary for yourself

Bookkeeping can help you:
record your performance
have Evidence for tax and business profitability

Transaction is any exchange of value.