Our first response is often yes, which surprises most people. It’s because we believe saying yes first creates better outcomes for the business, for the team, and the relationship.
The bank asks for a profit and loss statement (P&L). You nod confidently, say “of course,” and then panic because your books are nowhere near ready. A messy or outdated P&L is one of the most common reasons small business owners delay financial decisions. But the good news is, there’s a clear path forward.
When businesses think about scaling or cutting costs, offshoring often enters the conversation. On paper, it makes sense, but when it comes to your books especially if you're a small business, the cheaper option isn’t always the better fit.
If you don’t understand what your money is doing behind the scenes, you might be making decisions based on a number that doesn’t tell the whole story.