Happy Friday, all!
As we slide into September, I’ve been doing what I always do when life feels like it’s moving too fast: cleaning. There’s something grounding about getting things in order, whether it’s my closet, my desk, or—as this week’s podcast episode reminds me—my finances.
This solo episode of the Mission Driven Business podcast is a mini masterclass on conducting a mid-year money check. I walk you through how to pause, review, and re-align your financials so you’re not just coasting to year-end—you’re steering with intention.
Here’s how to make the most of it:
- Reconcile and review: Before diving into analysis, give your books a little TLC. Make sure your accounting software matches your actual transactions. Clean categories and balanced sheets are the foundation for clarity.
- Break down your profit and loss: Don’t just look at totals. Compare revenue to your goals, examine which services are pulling their weight, and trim tools or subscriptions that no longer serve you. Are your margins holding up? If not, it’s time to explore why.
- Get strategic with cash flow: It’s not just what you earn—it’s what you keep and how it moves. Review how money flows in and out. Check in on your accounts receivable. Evaluate big expenses and make adjustments based on your current cash position.
This kind of review isn’t just about spreadsheets—it’s about creating space. It’s the financial version of clearing off your desk or organizing your closet. And when things are tidy, it’s so much easier to breathe, dream, and move forward.
Questions of the Week
- What financial insights could you gain by doing a mid-year review of your revenue, expenses, and cash flow?
- Are there any money habits or tools you’re ready to clean up or let go of?
- What small financial win can you celebrate from the first half of the year?
Tool of the Week
This week’s most helpful tool? The Mission Driven Business podcast episode itself. If you haven’t already, give it a listen. It’s a quick but powerful guide to doing your own mid-year money check—with actionable steps to bring clarity, control, and calm to your business finances.
Stay grounded, stay curious—and remember: the numbers aren’t just data; they’re a reflection of your values in action.