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Financial stress—it's a term that can make anyone's heart race, especially if you're the main breadwinner. But let's not panic! Managing this stress is key to keeping both your personal and business life on track. So, let's dive into some common financial stressors and how we can tackle them with a smile! 

Understanding Financial Stress 

• Cash Flow Issues: We all know the anxiety that comes with inconsistent income. 

• Debt Management: Business loans and personal debts can feel like a neve…

Work-life balance. It’s a phrase we hear so often, but what does it even look like? Have you ever really considered it for yourself? If you’re like me, balancing the demands of running a business and being there for your family can feel like an impossible feat. Achieving a healthy work-life balance is crucial to avoid burnout, but it’s easier said than done. 

The Challenge of Balance 

We face many hurdles in our quest for balance: 

• Time Management: Long working hours often encroach on famil…

Recognizing the Signs of Burnout 

Running a small business while being the main financial provider for your family can be incredibly rewarding. It also comes with significant stress and pressure. Burnout is a very real problem that between 60-70% of small business owners will experience or have already experienced. The financial impact of burnout and related mental health issues costs Australian businesses approximately $10.9 billion per year. https://www.hcamag.com/au/specialisation/mental-hea…

Introduction 

Hello and welcome wherever you are in the world. I’m Kim Macdonald, a Profit First professional and Quality Mind mentor. Today, I want to have a chat about understanding your finances in business. For over 15 years, I’ve been working with business owners and their teams, and I’m passionate about making the complex simple and putting an end to entrepreneurial poverty. 

Understanding your finances is crucial for the success of your business. Without a clear grasp of your financial …