I’ve owned and managed a small service-based business for 7+ years. I’ve done well at the basics, like bookkeeping, ensuring we’re making enough to cover our costs, knowing when we have deficits or surpluses, and planning. I feel like I have the day to day (or even month to month) accounting down.
My business has finally grown to a size where I just feel like I need more insight on how to plan financially, project, set goals, etc. Our revenue and expenses are high enough where I no longer blink an eye when we have to spend money because a lot of cash moves in and out each month (I.e. sales, payroll, expenses, etc).
How do I learn the more advanced business finance stuff? Like how to make projections, know when I can safely invest back into the business, give raises or bonuses, long term planning, etc. I need to level up! Where do I learn how to do this?
TL;DR I’m good at bookkeeping, making sure our bills are paid, and top tier accounting. How do I level up and learn more advanced business accounting?