The Small Business School Podcast
Ready to leave the small business struggle behind? The “School for Small Business” podcast supports small business owners in scaling a business that is profitable, purposeful, and doesn’t leave you burnt out. No matter whether you run your business online or you own a brick-and-mortar, you can expect our world class experts to support you with mindset, tactics, and everything in between so you can have the business you dreamed of. Based on our lived experience, we know that small business CAN be easy and we are here to show you how.The “School for Small Business” is hosted by Staci Millard, a CPA by trade with over 15 years of experience seeing the behind the scenes of thousands of small businesses. After growing and selling her first 7 figure business, Staci has been on the ground running - mentoring small businesses and working to increase success rates. Staci strongly believes you don’t need to have gone to business school to be successful so you can expect nothing but simple, impactful advice. Tune in each Tuesday for a new 30 minute or less episode of nothing but valuable advice to help you grow your small business. We are so excited for you to be on this journey with us!
The Small Business School Podcast
Business Builders (Pt.34) Building a Budget That Fuels Your Business Growth
In this week’s Business Builders episode, I’m diving into a topic that so many entrepreneurs shy away from—budgets. But here’s the truth: a strategic budget isn’t about restriction, it’s about freedom. When you align your spending with your vision, you give yourself the clarity and structure to actually grow the business (and life!) you want. I’ll walk you through how to shift from “last year’s numbers” thinking into creating a budget that supports the future you’re building.
Key topics covered:
- Why most budgets fail—and how to create one rooted in your vision, not last year’s revenue
- The key categories every business owner should consider when mapping costs to growth
- How to set realistic revenue targets that align with your expenses and goals
- The importance of revisiting and adjusting your budget regularly (it’s not a one-time exercise!)
- Your simple homework: define three goals for your business this year, and map out the resources needed to make them possible
Challenge
Write down three goals you want your business to support this year—both personally and professionally.
Then, map out the resources or expenses that would help you reach those goals.
Don’t worry about the revenue yet—just focus on identifying what it would take to run the business well and support those goals.
Mentioned in this episode: If you are running a business in Canada and you need help with all the things accounting related, but more importantly understanding the numbers I invite you to check out https://thriveaccounting.co/
Staci's Links:
Instagram. Website.
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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!
