Episode 149 - How to Take Control of Your Small Business Finances

Are you making money in your business but still struggling to understand where it all goes? Kim Pike-Walters, a financial coach, CPA, and MBA with 13 years of corporate finance experience, joins Ed Wilson on the BNI San Diego Podcast to explain how small business owners can take control of their finances, reduce financial stress, and make smarter decisions about growing their businesses. From managing cash flow and separating personal and business finances to budgeting, quarterly taxes, and hiring employees, Kim explains why knowing your numbers is the foundation of a financially sustainable business. In this episode: Small business financial management and budgeting Why business owners need to know their numbers Separating business and personal finances Cash flow, bookkeeping, and financial planning Preparing for quarterly business taxes Knowing when your business can afford to hire Financial coaching vs. bookkeeping and accounting Making better business decisions using financial data Reducing financial stress through planning and accountability Building a profitable, sustainable business Kim also challenges one of the biggest misconceptions about budgeting: a budget isn't about restricting your spending. It's about creating boundaries that help you accomplish your financial goals. Whether you're a solopreneur, startup founder, contractor, or established small business owner, this conversation offers practical ways to improve your financial habits and plan for long-term business growth. What's the biggest financial challenge you're facing in your business right now? Share it in the comments. Subscribe to the BNI San Diego Podcast for conversations about entrepreneurship, business growth, financial education, leadership, and professional networking. #SmallBusinessFinance #BusinessFinance #FinancialCoaching #SmallBusinessOwner #CashFlowManagement #Budgeting #Entrepreneurship #FinancialPlanning #BusinessGrowth #FinancialLiteracy #BusinessBudgeting #BNI #BNISanDiego Visit us online: https://bnisd.com BNI is the world's most successful organization of its type in the world. Members pass millions of referrals which translates to billions of dollars in business. BNI San Diego (619) 255-2620 Visit a chapter: https://bnisd.com/en-US/findachapter