A 3-Step Strategy to Start Organizing Your Business Finances
4.3 (4 ratings)
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A 3-Step Strategy to Start Organizing Your Business Finances

The Secure Entrepreneur's Guide to Stabilizing Your Small Business Finances and Building a Sustainable Foundation
4.3 (4 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
58 students enrolled
Created by Jeremie Miller
Last updated 6/2016
English
Current price: $10 Original price: $35 Discount: 71% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2.5 hours on-demand video
  • 18 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Take Charge of Cash Flow with an easy-to-implement solution
  • Cover Business Expenses and pay yourself with a proven system
  • Organize Your Bank Accounts to better control money flow
View Curriculum
Requirements
  • no pre-class work is required
  • Have a business or be able to estimate the costs of their new start up
  • A willingness to do some simple math to set up the plan for their business
Description

When faced with money challenges the go to answer for most entrepreneurs is “Make more money”

This course is not about how to make more money. Instead this course will teach you a simple to implement 3-step solution that will help stabilize the money in your business so you have the foundation you need to confidently make more money. In this course you will learn:

  • A quick action you can take every month to help with cash flow and decision making
  • How to direct the money your business makes so you pay yourself every month and cover your business expenses
  • A flow chart for organizing your bank accounts so you are in control of the money flowing through your business 

The included videos will teach you the solution, then you can use the cheat sheet each month to help you effectively direct the money in your business where it needs to go to support your business and your personal life.

The 3-step solution can (and has) helped out entrepreneurs at all levels of business: from startup, to growth, to consistently successful businesses. If you aren't feeling supported by the money in your business then this course can help you make the changes your business needs to create a solid money foundation you can build on.

"I have been an accountant for over 35 years and I have never seen anyone simplify financial management as well as Jeremie Miller.  His teaching and process is easy to understand and it helps people to get out of debt, save money and manage their finances with ease and confidence.  I highly recommend his programs to anyone feeling overwhelmed or uncomfortable about their finances." Bob Truffo - Accountant

" I think the secure entrepreneur has found the missing link between business and personal. I have had my own business since 1996 and would love to go back and try this. Can't go back so will move forward and keep you posted!! I am so excited to just have a plan and not guess each month. Just try it!" Beverlee Miller - Bookkeeper


Who is the target audience?
  • anyone building a business that is having challenges with the changes in their income month to month
  • Anyone with an established business and feeling like they are not using their money effectively
  • Anyone in business that is forgetting to pay themselves or wondering if their business will ever support them
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Curriculum For This Course
37 Lectures
02:33:18
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Introduction and Course Outlines
3 Lectures 14:25

A welcome to the course and an outline of what you will learn and how you and your business will change by the end of the course.

Preview 06:46

Everybody learns differently, and I want you to interact with the material in this course in a way that supports you the most. Watch this video and download the three course outlines so you can decide how you want to complete the lessons in a way that works best for you.

Course Outlines - Choose how you will take this course
04:09

Answer the questions in this lesson to prepare yourself for the course material, then, at the end of the course, come back and answer these questions again to see how you have changed.

Activate: Questions to prepare you for the course
03:30
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How to Take Charge of Your Cash Flow Using a Choice Account
9 Lectures 23:02

This video shares two stories that demonstrate the roller coaster income challenge of making money in your own business.

Activate: Two Stories about the Challenges of Roller Coaster Business Income
02:29

This video outlines the change you will be able to make using the three steps, and I share how my own family's life has benefited from using the three steps.

Preview 02:21

In this video you will learn about the "breakeven point" and why it is an important measurement every month for your business. You will also learn the difference between "job income" and "business income" and why business income can be such a challenge. 

Preview 02:20

This lesson will teach you how to set up and use your "Choice Account" to gain more control over the money in your business each and every month.

Learn: How to Use Your Choice Account
03:07

This lesson shows the math that you need to use to calculate the money in your Choice Account, then I share an example to demonstrate how it works in practice.

Implement: Example of Using a Choice Account
01:58

In this lesson you will see an example of how I have used my own Choice Account from the start of my business until now, and why having a Choice on how to use your money is so important.

Implement: Why a Choice Account is Powerful and My Example
02:44

In this lesson you will see how the Choice Account can help you deal with the speed of money moving through your business, and how it helps smooth out the ups and downs of your income from month to month.

Learn: Why the Choice Account Helps with Your Roller Coaster Income
02:46

Now that you know what a Choice Account is, and how to use it, set yourself up to experience a quick win with your own Choice Account by following the instructions in this lesson.

Implement: The 3-Day Choice Account Challenge
01:45

In this lesson I discuss some of the common objections I have heard about using the Choice Account, and why it still works in each of these cases.

Learn: Objections to Creating and Using a Choice Account
03:32
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How to Use Percentages to Create Confidence in the Money in Your Business
11 Lectures 30:01

In this lesson you will get a summary of what was covered in Section One and a brief discussion of the cash flow challenge in your business and how the Choice Account helps.

Activate: Introduction to Section Two
01:47

This lesson is all about confidence, and how having confidence in the money in your business will change how you show up in your business. What would your business look like if you were confident that the money would support you

Preview 03:36

This lesson explains how to even out the ups and downs of your monthly income and create a more consistent money flow in your business.

Learn: The solution to your roller coaster income
02:59

In this video I use my own business as an example to show how the percentage system works in multiple stages of business. From startup, through a period of growth, to a period when I was making lots of money, and back into a period of change when I pivoted and started a new business; the percentage system works in each situation to help you control the money flow in your business

Implement: My business as an example of using the percentage system
02:04

Time for some simple math. In this lesson you will learn two different methods for collecting your expenses and calculating your average monthly business expenses and average monthly personal expenses.

Learn: Creating Your Percentage System
03:54

This lesson will teach you how to turn your business and life expenses into percentages, and, how to use these percentages to calculate how much of each client payment should go to your business and how much you should pay yourself.

Learn: Using the Percentage System
03:36

This lesson gives you step by step instructions and summarizes how to use your Choice Account and percentage system to process each client payment during the month.

Learn: Percentage System Monthly Flow Chart and Instructions
01:33

This lesson uses some sample percentages and a sample client payment to walk you through the steps of using your percentage system.

Implement: Example of Using the Percentage System
02:05

This lesson explains how the percentage system uses your high income months to balance out the low income months, and how this will even out your income over time.

Learn: Why the Percentage System Works
03:00

In this lesson I discuss some of the challenges and objections you may be having to putting this system into action.

Learn: Challenges and Objections to Using the Percentage System
04:31

This lesson wraps up section two and introduces the content in section 3.

Section Three Conclusion
00:56
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How to Use Your Bank Accounts to Control Money Flow in Your Business
4 Lectures 13:39

This video brings section 2 and section 3 together in preparation for learning how to bring all three steps together into once complete system.

Activate: Recap of the System So Far
02:50

This lesson explains why it is important to separate your business and personal money, and how to use bank accounts to help organize your money flow.

Learn: Organizing Your Bank Accounts to Control Money Flow
03:16

This lesson shows you how to use your bank accounts, combined with the Choice Account and Percentage System, to control the flow of money in your business.

Learn: Putting the 3-Steps Together into a Monthly System
03:13

This video uses a client payment of $1250 to show you how to use the system from start to finish each and every month.

Implement: Example of the 3-Steps in Action
04:20
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Creating a Change in Your Money, Your Business, and Your Confidence
1 Lecture 03:16

This video wraps up the course and explains why I believe using this system can make a big difference for your business and personal life.

Course Conclusion: The Change You Can Experience
03:16
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Long Videos - How to Take Charge of Your Cash Flow Using a Choice Account
3 Lectures 26:12

This lesson shares two stories that demonstrate the roller coaster income challenge, explains the changes you will be able to make using the three steps, and I share how my family's life has benefited from using the three steps.

Introduction
06:08

This lesson lays out all of the steps you need to follow to set up your Choice Account and start using 10% of your business income to help control cash flow and make decisions with.

Learn
12:55

In this lesson I challenge you to try out the Choice Account for just 3 days, then discuss some of the objections people have shared with me about using the Choice Account.

Conclusion
07:09
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Long Videos - Using Percentages to Create Confidence With Your Business Money
3 Lectures 30:06

This lesson reviews the Choice Account, then talks about confidence, and how confidence in the money in your business will change how you show up in your business. 

Introduction
05:23

This lesson takes you through the entire process for setting up and using your percentage system to control money flow in your business from client to business to personal life.

Learn
19:16

This video reviews some of the objections you may have about using the percentage system, then wraps up the percentage system lesson.

Conclusion
05:27
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Long Videos - How to Use Bank Accounts to Control Money Flow in Your Business
3 Lectures 12:37

This lesson brings the teachings from the first two steps together and prepares you to get the whole system up and running with the introduction of step 3.

Introduction
02:50

This video teaches you how to use your bank accounts in combination with your Choice Account and Percentage System to create a monthly flow chart you can use to control the  money in your business.

Learn
06:30

This lesson wraps up the whole course. You are ready to start mastering your roller coaster income.

Conclusion
03:17
About the Instructor
Jeremie Miller
4.3 Average rating
4 Reviews
58 Students
1 Course
Mr.

I am a Dad, Husband, and business owner. I live in Rossland BC and for the past seven years I have been working behind the scenes in larger online companies as a strategist, general manager, and associate coach. During this time I have been experimenting and testing on my own business to create a money management solution that works for small business owners, and helps them link the money in their business with the money in their personal life. 

I have just finished beta testing this material to great reviews, and am now ready to share my business money solution with you. If you are an entrepreneur, solopreneur, freelancer, or small business owner looking for a non-complex, no-accountant-jargon solution to the flow of money in your business, I would love to help.