The One-Hour Money Meeting That Runs Your Business

You have meetings with clients, vendors and your team. When was your last meeting with your money?

For most owners, the answer is "when something went wrong." A bill bounces, a tax notice arrives, or cash gets tight, and suddenly you're digging through statements at 11pm.

There's a better way, and it takes one hour a month.

Why a money meeting works

Financial clarity doesn't come from one big cleanup. It comes from looking at your numbers regularly, before they turn into problems. A standing meeting turns money from something you react to into something you run.

The agenda (60 minutes, once a month)

1. Cash (10 min). What's in the bank today? What's coming in, and what's going out in the next 30 days?

2. Profit (15 min). Pull your profit and loss statement. Did you actually make money last month? Which service or client brought in the most?

3. Spending (10 min). Scan your expenses. Cancel what you don't use. Question anything that went up.

4. Taxes (10 min). Are you setting money aside every month? Are estimated payments on track? Taxes should never be a surprise.

5. Receivables (5 min). Who owes you? Follow up this week, not next quarter.

6. One money move (10 min). Pick one decision for next month: raise a price, move money into savings, pay down debt or hire help. Just one.

Make it stick

• Put it on your calendar on the same day every month and protect it.

• Keep your books current so the meeting takes an hour, not a weekend.

• Write down your one money move and check it at the next meeting.

This is what CEOs do. They don't hope the numbers work out. They look, decide and move.

One hour a month. That's the difference between running your business and letting it run you.

Want help reading your numbers? Grab the free CEO download: https://ceo.thlbiz.com/download or book a strategy session: https://thlonlinelearning.com/b/5mQzW