Mind Your Ot Business

Moise Hermantin is owner of Affluent Profit Advisers, a bookkeeping and accounting service primarily focusing on occupational therapy and physical therapy entrepreneurs. He’s on a mission to make working on business finances fun and personalized for OT and PT business owners. Moise and I discuss: Why a bookkeeper is one of the first people you should put on your business team! Moise recommends Mike Michalowicz’ book Profit First (and I DO TOO!) Ways to get capital to start your business Setting up a business bank account Why interviewing a bookkeeper or accountant is important Things to know about Quickbooks Online (Moise doesn’t like the online version of quickbooks) vs. purchasing a licence for your own Quickbooks. Reports that you should know how to read as a business owner: Revenue statement- how much your business made and where the money came from, plus fees you paid to get the money. Profit/Loss statement Balance sheet- shows everything you have in your company vs. how much you actually own in equity