NUMBERS HAVE MEANING
My name is Moragh Hunt and I run North West Numbers CIC. This series of podcasts is designed to let you know me better. I am a qualified Accountant with 34+ years of experience and I want to help make a difference in the world through demystifying and simplifying accounting terms and procedures. If I can help small Charities, Not-for-Profits, Start-ups, and Businesses reduce the mental stress of trying to understand the books and records and give you all your time back so that you can spend it with your family or as you wish, then I will feel that I have made a difference.
NUMBERS HAVE MEANING
Accounts to Review Regularly
Welcome to another episode, where we simplify accounting concepts for small business owners, charities, start-ups, and anyone looking to gain a better understanding of their financials. In today’s episode, Moragh walks us through the key accounts every business owner should be reviewing regularly. From cash in the bank and accounts receivable to stock levels, accounts payable, and loan tracking, she covers the most crucial areas that impact your business's cash flow and financial health. Moragh also touches on the importance of managing payroll expenses, office costs, and owner's equity, ensuring you stay on top of everything that keeps your business running smoothly. Tune in to learn how to stay in control of your accounts and improve your financial management!