Why I became a business owner…
Cheers to my first blog post! And cheers to you for coming here and reading this. I can’t say that my blogs will help others, be insightful or at all entertaining. BUT, they will be honest :) And so here is my first post about why I decided, at the age of 39, to start my own bookkeeping company. Read on..
Let’s go back a year…it’s early 2023. I have a great job as a Financial Controller in the health industry and I’m loving it. I am fully remote with the occasional trip north to Brisbane for check ins or team training. Professionally for me, it was a great job and I was always learning.
As it goes, 2023 was filled with life changing events for both my family, and me, leading me to question how I wanted to live my next 39 years, what I was good at and wanted to do more of.
The straw that broke the camel’s back was the Christmas night tornado. Something I never thought I would experience in my lifetime in Australia.
For 25 minutes we endured heavy rain, constant lightening turning night into day for minutes, not seconds, and the strongest and loudest wind I have ever heard – the trees went sideways and my daughters newly built trampoline looked as if it was going to fly up in the air.
What this tornado did for me, after a horrible year, I can’t even explain. It made me realise that life is short and inevitably involves risk. And I don’t take enough risks. I have wanted to start my own business for years but always resisted, thinking it was too risky with a 6 year old and a mortgage, and that I just couldn’t do it. I thought I was better off working for one employer and that’s it.
But working for one employer, only helps that one business. What if I were able to help multiple businesses? Business owners take risks all the time. Sometimes they pay off, sometimes they don’t. Small business owners, in my experience, are focused on and gifted in, “what” they do. They may also try to focus on financial management, thinking “she’ll be sweet”.
Too often “she” won’t be sweet.
One risk small businesses do not need to take is doing their own bookkeeping. Effective financial management is crucial for the success and sustainability of any business.
Whether it’s coding transactions correctly, budgeting, forecasting, analysing financial statements, or optimising cash flow, businesses always benefit from assistance in navigating these complex areas.
By leveraging advanced tools and methodologies people like me have, businesses can streamline their financial processes, identify opportunities for growth, mitigate risks, and make more informed decisions.
So what am I good at, and what do I want to do?
I want to help other business owners with their financial management. I want to guide other business owners with what I know and do, and let them get on with helping people with what they know and do.
I want them to think about their financial management and be able to say “she’ll be sweet” and know it is true.
