Don’t Tell Me Your 2024 Financials Aren’t Ready
In our latest Dashboard episode, Tracy Bech says that’s what a surprising number of her clients have told her. Which means they’ve been flying blind for much of a very challenging first quarter.
Good Morning!
Here are today’s highlights:
The number of million-dollar, one-person businesses doubled in a year.
The April 2 tariffs are now expected to target what the Trump administration calls “The Dirty 15.”
New shipping fees on Chinese ships are expected to add more than $600 to the cost of every container.
Does your business rely on tourism? That could be a difficult stretch.
THE 21 HATS PODCAST: DASHBOARD
This week, Tracy Bech, co-author of the 60 Minute CFO, tells us that a lot of business owners have not yet prepared their financial statements for last year. And that’s a problem, especially in a year with so much change and uncertainty, because it means those businesses have been flying blind. Many of these owners, Tracy tells us, think that so long as they have cash in their checking account, they’re okay, but that’s a dangerous way to run a business.
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