The boring sh!t in business Podcast with Amy Bajada

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!

EPISODE 159 : Creating a realistic budget that works and doesn’t feel like a chore.

If you're ready to take control of your business finances and make smarter financial decisions, this episode is for you!
Budgeting might not be the most exciting topic—but what if I told you it's the key to reducing stress, gaining clarity, and setting your business up for success? Today, I'm breaking down how to create a realistic, flexible budget that actually works—without feeling restrictive or overwhelming.
What You’ll Learn in This Episode:
✅ Why budgeting isn’t about limitations—it’s about clarity & strategy✅ The 6-step process to building a budget that works for your business✅ How to track real income trends (not just hopeful estimates)✅ The difference between fixed and variable expenses—and why both matter✅ The best tools (QuickBooks, Xero, Excel) to keep your finances in check✅ How to review & adjust your budget to stay on top of your cash flow
Budgeting isn’t just a one-time task—it’s a habit that keeps your business running smoothly. Whether you're a seasoned entrepreneur or just getting started, this episode will help you ditch the financial stress and take control of your money.
🎧 Tune in now and start budgeting like a pro!
💡 Loved this episode? Share it with a friend who needs to hear this!

EPISODE 158 : Stop mixing your money (business vs personal) : Here’s why it matters

Hey friend, welcome back!
After receiving a flood of DMs about separating personal and business finances, I knew I had to dive deeper into this topic. It might seem like common sense, but trust me—so many business owners get this wrong, and the consequences can be costly.
In this episode, I’ll break down:
✅ Why mixing business and personal finances is a financial disaster waiting to happen✅ The legal risks (and how to protect your personal assets)✅ How keeping things separate makes tax time way less stressful✅ The power of building business credit—and why lenders care about it✅ Practical, actionable steps to clean up your accounts and take back control
If you’ve ever found yourself wondering, "Does it really matter if I use my business card for personal expenses?"—then this episode is for you. Let’s get your money in order so you can grow your business with clarity and confidence!
🎧 Hit play now and let’s dive in!
 
Resources as mentioned throughout the episode ..
🔗 Getting Started with Xero mini course
🔗 Getting Started with Quickbooks mini course

EPISODE 157 : The most common question I get asked: What is a Financial Coach?

In this episode, we dive into the often misunderstood world of financial coaching and its transformative impact on small to medium businesses. Financial coaching goes beyond just budgeting and tax accounting; it's about empowering business owners to truly understand and leverage their finances.
Here are 3 key takeaways from this insightful episode:
Empowerment Over Delegation: Financial coaching equips you with the tools, knowledge, and confidence to master your finances and take charge of your business's financial health.
Proactive Financial Strategy: Unlike crisis services, financial coaching is proactive, focusing on prevention and preparation to ensure business resilience and success.
Collaboration, Not Replacement: A financial coach complements your accountant and bookkeeper by providing strategic insights and education, rather than replacing their vital roles.
Take a listen to find out just how financial coaching can play a pivotal role in the success of your business. Ready to transform your finances? Start by understanding them. A x

EPISODE 156 : The details in the data : Turning numbers into business wins

Hey, my friend!  My latest podcast episode is LIVE, and trust me, you don’t want to miss this game-changer. If you’ve ever felt overwhelmed by financial data or thought, “Ugh, numbers aren’t my thing,” this episode will flip the script for you. Here’s What You’ll Learn (and can take action today!!!!):
👉🏼 Break Down the Basics: Understand what financial data actually is (spoiler: it’s not just your bank account).
👉🏼 Spot Trends That Matter: Learn how to uncover patterns in your cash flow, profit margins, and sales performance so you can make decisions with confidence.
👉🏼 Forecast Like a Pro: Discover how to predict future trends using past data—no crystal ball required!
👉🏼 Cut Costs Without Guilt: Get practical tips to identify expenses that are bleeding your business dry—and what to do about it.
👉🏼 Make It a Habit: Build a simple routine for reviewing your numbers consistently so you can spot opportunities and issues before they snowball.Ready to take control of your business with data-driven decisions? Take a listen x

EPISODE 155 : Business by day, broke by night? Let’s fix that!

⁉️ Feeling the hustle but still broke?
In this episode, I'm diving deep into a topic that many business owners often overlook - managing personal finances while running a business. If you're tired of feeling like you're working 24/7 with nothing to show for it personally, this episode is a must-listen!
Here's a quick rundown of the key takeaways:
Pay Yourself First: It may sound simple, but regularly paying yourself a set salary can be a game changer. It ensures discipline and keeps your personal finances in check, even during those lean business months.
Separate Finances: Mixing personal and business accounts is a recipe for confusion. By keeping them separate, you'll gain clear visibility into your finances, helping you avoid unnecessary financial stress.
Plan for the Future: Whether it's saving for taxes, emergencies, or retirement, planning ahead can give you peace of mind. Remember, your business shouldn't be your only retirement plan!
If you're looking to improve your financial habits, make sure to listen to the full episode. Let's take control of our financial well-being together!

EPISODE 154 : Back to the Mic: Lessons from 12 Months Away

🎙 Welcome Back! A Year in Reflection and a Bold New Beginning 🎙
It’s been 12 months since our last episode, and I’ve got a lot to share. In this special relaunch episode, I open up about my unexpected break, what led me to hit pause on the podcast, and the powerful lessons I’ve learned during this time away. Spoiler alert: it’s all about rediscovering purpose, embracing balance, and finding clarity in the chaos of entrepreneurship.
Here’s what you can expect in this heartfelt comeback episode:
The Burnout Trap: Why consistency can be both a superpower and a slippery slope—and how I fell into it.
The Power of Reflection: How stepping back helped me reconnect with my “why” and reignite my passion for helping business owners.
Actionable Insights: Why rest isn’t just okay—it’s essential for sustainable growth and creativity.
A New Chapter: What’s next for this podcast, including practical advice, financial strategies, and tools to empower you to build a thriving business.
This isn’t just a return—it’s a reset. I’m back with more energy, focus, and determination than ever before to bring you actionable, no-nonsense tips that will make a real difference in your business and life.
If you’re ready to gain financial clarity, create sustainable habits, and take your business to the next level, join me on this journey. Together, we’ll turn challenges into opportunities and dreams into reality.
Tune in now and get ready to thrive!
📌 Don’t forget to subscribe, share, and leave a review to help more business owners like you find their way to success.

EPISODE 153 : Unraveling Business Debt: Exploring Types of Debt and Strategies for Successful Management

Ahh debt … can’t live with it, can’t live without it. Especially when it comes to running a small business.
Understanding and effectively managing business debt is such an important component of a small business journey for growth and success. While the term "debt" may often carry a negative connotation, I always say, it’s not debt that’s the problem, but rather the management of it.
When managed strategically, it can serve as a powerful tool for expanding operations, investing in opportunities, and ultimately moving your business forward. With cash flow focus greater than ever, I wanted to take this opportunity to explore the different types of business debt, discuss how it can be used for growth, and highlight the importance of strict debt management. I’ll even throw in five key strategies that you can implement now to effectively navigate and optimise your business debt.
Take a listen. A x
 
Key moments throughout the episode :
Types of debt available to you and how they can provide support for growth in your business [05:49]
Key consideration for an effective debt management strategy [13:31]
5 Things you can do to build an effective debt management strategy for your business TODAY [16:09]
Here is a resource you may find helpful when managing debt for your business ... it's my Creating Cash mini course www.amybajada.com.au/creatingcash
 

EPISODE 152 : - Strategies for Financial Success during the Silly Season

For small business owners, the holiday season can be a time of celebration and relaxation, but it can also bring about unique financial challenges.
Commonly referred to as the "silly season," the period encompassing Christmas and New Year's can disrupt the regular flow of business operations. Offices close, clients go on leave, and the recovery of debtors can slow down significantly. This can have a substantial impact on a small business's financial stability, making it critical for business owners to be well-prepared.
In this episode, lets discuss and explore the various financial aspects of the silly season and provide key strategies to help navigate this challenging period successfully.
Take a listen. A x
Key moments throughout the episode;
Strategies you can implement now to help cope throughout the silly season [04:18]
How to address those staffing challenges during this time [05:30]
Ways to handle reduced client activity [09:26]
10 Cashflow Management strategies to provide financial stability during this time [13:17]

EPISODE 151 : Why your pricing demands your attention now!

Running a small business is a juggling act at best, where you're continually balancing various responsibilities, from managing the day-to-day operations to keeping a watchful eye on your bottom line.
Whilst all this is going on … I tend to find that often pricing strategies get overlooked, or forgotten all together. Its significance can be extremely underestimated, but the truth is, your pricing strategy is the cornerstone of your small business success.
In this episode, we will delve deep into why it is imperative to focus on your pricing strategy, particularly in the context of the ever-changing landscape of supplier costs, and how to align it with the bigger overarching financial goals of your business.
Take a listen. A x
Key moments throughout the episode ...
What is cost pass through and why it's important to understand [04:58]
How to influence supplier costs on your pricing [06:42]
The aspect grossly underestimated in pricing strategies [08:13]
How inadequate pricing can lead to decreased product quality [11:30]
How to get the competitive edge [14:31]