The boring sh!t in business Podcast with Amy Bajada

EPISODE 169 : Mastering Budgeting & Forecasting: Your path to financial control

If your business finances are feeling tangled or out of control, you’re not alone—and you’re certainly not out of options!
In the latest episode of The boring sh!t in business, we dive into the fundamentals of budgeting and forecasting, and why they’re absolute game-changers for small business owners.
Here are my top 3 takeaways:
Treat budgeting and forecasting like financial musclesThe more you use them, the stronger and more confident you’ll become in managing your business’s finances and making informed decisions.
Zero-based budgeting is your friendStart from scratch each month, plan every dollar with intention, and keep your budget flexible—adjust it as needed to keep your business agile.
Never underestimate cash flow forecastingPredicting your revenue and expenses (even if it’s not perfect) gives you the power to pre-empt cash flow crunches and invest in growth with confidence.
My advice? Don’t wait for things to “settle down.” Start simple, stay consistent, and your financial clarity—and confidence—will grow every month. If you haven’t built your budget for next month yet, now’s the time! 💡

EPISODE 168 : Pricing Strategies : Finding the Sweet Spot for your Revenue

Pricing is one of the most crucial decisions you'll make for your business, and there's no one-size-fits-all solution. It's about balancing costs, value to your customers, and maximising revenue. Here are some key takeaways from my latest podcast episode, where I dive into the art and science of pricing strategies:
🔹 Understand Your Costs: Before setting prices, you have to know your costs inside and out. You can't set a profitable price if you don't know how much it costs you to produce a product or service.
🔹 Know Your Customer: Pricing isn't just about costs—it's about understanding what your customer values and what they're willing to pay. Value-based pricing can set you apart if you know how to communicate that value effectively.
🔹 Test and Adjust: Pricing is not a set-it-and-forget-it task. Regularly evaluate your pricing strategy's performance, adjust based on sales, and consider external factors like competitors' prices and market changes.
For a deeper dive into how these strategies can impact your revenue and your business's growth, listen to this full podcast episode. Let's make sure your pricing strategy is working for you, not against you! 💡

EPISODE 167 : From Struggle to Stability : The Working Capital Guide

In this episode, we're diving deep into a topic that might not be the flashy headline-grabber, but it's absolutely critical for your business—working capital.
Here’s a sneak peek of what you can expect:
The Lifeline of Your Business: Working capital is the heartbeat that keeps your business ticking. It's not just another figure on your balance sheet; it's the fuel that runs your day-to-day operations.
Balancing Profit and Cash Flow: Did you know you can be profitable yet still run out of cash? We'll explore why profit is about the long game, while working capital keeps you grounded in the present.
Practical Tips for Improvement: From speeding up receivables to managing payables and inventory, discover actionable steps to streamline your working capital management and keep your business thriving.
Don't miss out—tune in to explore how a few strategic tweaks can strengthen the financial health of your business. I'd love to hear what you think, so please share your thoughts and questions after listening!

EPISODE 166 : Balance Sheet Basics : The key to understanding your business

🚀 Unveiling the Hidden Power of Your Balance Sheet!
In the latest episode of "The boring sh!t in business," I dove into the often overlooked but incredibly powerful tool in business finance: the balance sheet! While it may not sound as thrilling as cash flow or profit margins, understanding your balance sheet can be a game changer for your business. Here's why:
🔍 Key Takeaways:
Financial Health X-ray: Your balance sheet is like the x-ray of your business, revealing what lies beneath the surface. It gives you a clear picture of how you're funding your operations and shows you whether you're in a strong position to invest in growth or weather challenging times.
Assets, Liabilities, and Equity: Think of your balance sheet as a snapshot of your business's financial position at a specific point in time. It details your assets (what you own), liabilities (what you owe), and equity (what's left over for you).
Empower Your Decision Making: Once you understand how to read your balance sheet, it becomes a powerful tool for making informed decisions. Whether it's tightening up your accounts receivable process or negotiating better terms with suppliers, the insights are invaluable.
Tune in to the episode for an in-depth guide to getting comfortable with your balance sheet and using it to your benefit. Don't forget to share with fellow business owners!

EPISODE 165 : Cracking the Code : Costs, Profits and Building a Thriving Business

Unlocking Business Success: Costs & Profits Matter More Than You Think ...
Running a business without a clear understanding of your costs and profits is like navigating without a compass. In my latest episode we dive deep into why these "boring" numbers are your business's quiet achievers.
Here are 3 key takeaways from this episode that could transform your business strategy:
Break Even to Break Free: Understand the critical importance of calculating your breakeven point. It's the milestone where your revenue covers your costs, enabling you to move from merely surviving to thriving.
Decoding Costs: Differentiate between fixed costs (think rent, insurance) and variable costs (like supplies for service-based businesses). This knowledge is the backbone of strategic decision-making.
Profit Drivers Matter: Identify high-margin services to amplify profits. Don't shy away from adjusting pricing to reflect true value and never underestimate the potential of bundling or loyalty programs.
Gaining clarity on your business finances can empower you to make informed decisions and set your company up for long-term success. Dive into your numbers this week—start small, but start today.
Take a listen 🎧

EPISODE 164 : Cutting Costs with Confidence : A Practical Guide

In this episode, we delve into a crucial aspect of business management: cost cutting with confidence. In these challenging times, it's essential to know how to effectively cut costs without jeopardising the core of what makes your business successful.
Here are three key takeaways from the episode:
🔍 Be Strategic, Not Impulsive: Before making any cuts, evaluate the purpose behind them. Each decision should have a clear goal and measurable impact.
📈 Understand the Ripple Effect: Cutting costs might save money upfront, but consider potential hidden costs that could arise, such as reduced product quality or slower service delivery due to cheaper suppliers.
🤝 Communication is Key: When cuts involve team members or contractors, ensure open communication. Remember, your team is vital to your success, and any change in their roles can affect your business’s performance.
Thinking about cost cutting in your business? Remember, it’s not just about savings—it’s about strengthening your business for the long haul.
Take a listen. 🎧

EPISODE 163 : Numbers don't lie : How to let data drive your business

We've all been there—making business decisions based on gut feelings. And while intuition has its place, when it comes to growth and profitability, it's data that tells the real story.
In this episode, I’m diving into why data-driven financial decisions are a game-changer for your business. I’ll share simple, practical ways to use your numbers to make smarter choices, spot problems early, and build a more profitable future.
Here’s what you’ll learn:✅ The 30-Minute Check-In: How dedicating just half an hour each week can give you clarity on your financials.🚩 Spotting Red Flags Early: The power of numbers in catching issues—like sneaky expenses or declining sales—before they escalate.📊 Where to Focus First: How to pick one key area (like sales or expenses) and start making data work for you.
Think of your data as your business GPS—guiding you to smarter decisions and stronger results.
🔗 Tune in now and take the guesswork out of your financial decisions!

EPISODE 162 : The Bottom Line Breakdown : What Products Are Paying Off?

Growing a successful business isn’t just about selling more—it’s about knowing where your real profits are coming from.
In this episode of The Boring Sh!t in Business with Amy Bajada I'm tackling a game-changing topic: how to identify which products or services are truly making you money—and which ones might be holding you back. 💡
Here are three key takeaways you won’t want to miss:
✅ Know Your Profit Margins – Sales numbers alone don’t tell the full story. It’s time to break down the true profitability of each product or service by subtracting costs from revenue. 
⏳ Measure Time & Resources – Not all revenue is created equal. If a product or service is eating up your time and resources without delivering a solid return, it may be time to streamline or let it go.
🗣 Tap into Customer Insights – Your customers hold the answers! Their feedback can reveal what’s working, what’s not, and where there’s room for improvement. Listening to them can help you refine your offerings and maximise profits.
📊 Business growth isn’t just about working harder—it’s about working smarter. Join me for this deep dive and discover how to focus on what truly drives profitability in your business.
🔊 Listen now and start making more strategic, profit-driven decisions!

EPISODE 161 : Red Flags and Revenue: What Your Numbers Are Telling You!

Your financial data isn’t just a bunch of numbers—it’s telling you a story about your business. The question is: are you paying attention?
In this episode, I break down how to read your financial reports with confidence, spot early warning signs, and take action before small issues turn into big problems.
Here’s what I'm covering:
✅ The three key financial reports every business owner MUST understand (P&L, Balance Sheet, and Cash Flow Statement)🚩 The biggest financial red flags—declining revenue, rising expenses, negative cash flow, and more💡 Simple, actionable steps to fix financial issues and keep your business on track
If you’ve ever felt overwhelmed by your numbers, this episode will give you clarity, confidence, and control over your business finances. Tune in now and start making smarter financial decisions! 🎧
👉 Listen now & take control of your business numbers!

EPISODE 160 : Cashflow vs Profitability : What's the difference?

If you've been tuning in for a while, you know I love cutting through financial jargon and keeping things simple. In this episode, we’re diving into a topic that confuses a lot of business owners: Cash Flow vs Profitability. You’ve probably heard both terms thrown around, but what do they really mean, and why do they matter for your business?
By the end of this episode, you’ll understand:
✅ The key differences between cash flow and profitability
✅ Why good cash flow is crucial—even if your business is profitable
✅ How poor cash flow can put even a profitable business in danger
✅ Actionable strategies to balance both and keep your business thriving
Want help managing cash flow? Download my free Cash Flow Checklist
Need a financial strategy that actually works? Let’s chat! Book a free discovery call
If you found this episode helpful, be sure to subscribe, leave a review, and share it with a fellow business owner who needs to hear this!
Grab your coffee/tea or drink of choice (no judgement here), get comfy, and let’s dive in!