If you’ve been avoiding your numbers, you’re not alone. I’ve coached hundreds of business owners and I’ve seen smart, capable women do everything except open their profit and loss statement, then wonder why decision-making feels stressful and reactive.
Xero accounting software can be a great choice for small business owners. When you can see what’s coming in, what’s going out, and which revenue streams are performing, you stop relying on how busy you feel and you start relying on data.
I walk you through my Financial Fridays practice, how I track revenue streams inside Xero, and how I compare months, quarters, and years to spot patterns early. We also cover cash vs accrual in Xero, because I know this is confusing for small business owners.
If you want more financial confidence, start with one report and one number this week. Open Xero, look with curiosity, and give yourself the clarity that makes better decisions possible.
Chapter markers
00:00 Introduction
01:09 Why I love Xero and why visibility matters
02:22 Tracking revenue streams inside Xero
03:55 Comparing months, quarters, and years
04:55 Cash vs accrual in Xero explained
06:26 Stop only checking numbers at tax time
07:06 Financial confidence is your job
LINKS:
Emma McQueen:
Website
Linkedin: https://tea-with-the-queen.captivate.fm/linkedin
For a copy of Emma's book, 'Go-getter: Raise your mojo, shift your mindset and thrive' – https://emmamcqueen.com.au/want-more/emmas-book/
YouTube Channel
Day With The Queen Event - October 22nd: https://emmamcqueen.com.au/events/day-with-the-queen/
BD Sprint:
https://emmamcqueen.com.au/coaching-services/bd-sprint/
Mentioned in this episode:
Day With The Queen
