Feb 19 2025 26 mins
Just like your patients need regular chiropractic adjustments to stay in alignment, your business finances need regular check-ins too! In this episode, I’ll walk you through the signs that your business finances might be out of alignment and the proactive steps you can take to regain control. From tracking cash flow to setting profit goals, we’re covering it all. I’ll also challenge you to set a financial check-in routine to ensure your money is working for you—not against you.
What You’ll Learn in This Episode:
✔️ The signs that your business finances are out of alignment
✔️ Why you need to set up a money allocation plan
✔️ Why reviewing financial statements monthly is a must
✔️ How to create a financial check-in routine
✔️ Why long-term planning (even 10+ years out) is key for a thriving practice
Resources Mentioned:
- Episode 39: Get Financially Clear in Your Chiropractic Business with These 5 Steps
- Episodes 11: Understand Your Profit & Loss Like a Boss
- Episode 12: Understand the Meat of Your Balance Sheet
- FREE Sample P&L for Chiropractors: Download here
- Dr. Jennifer Bonde
Helpful Resource: Free Estimated Tax Guide
Email me with any questions you’d like answered in future Q&A episodes!
Recommended payroll software (affiliate links):
ADP
GUSTO
Recommended bank and the one I use in my business (affiliate link):
RELAY BANK
QuickBooks Online is my go-to accounting software. Get an amazing discount (30% off for 6 months) when you buy with my affiliate link below.
SIGN UP FOR QUICKBOOKS ONLINE
My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
Check out all my FREE financial resources in one place
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Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.