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Money First CEO

How do you build a business that truly supports your life?

I’m the Money First CEO. Over the past 5 years, I’ve grown a sustainable 6-figure business and built a 7-figure investment portfolio, not by working harder, but by managing money differently.

This podcast shares the real habits, honest lessons, and simple strategies that helped me and can help you build a business that puts profit and peace first.

If you’re ready to feel more confident with your cash and create long-term stability, you’re in the right place. New episodes every Monday.

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Money First CEO

Small Business Budgeting Made Simple

July 15, 2026 • Harman • Episode 59

0:00 | 13:32

Budgeting does not need to mean a complicated spreadsheet you build once and never look at again.

In this episode of Money First CEO, Harman Johnston breaks down a simple, practical approach to small business budgeting that helps you understand where your money is going, protect the money that matters and stop expenses quietly eating into your profit.

Harman shares the three layers of a simple business budget, why expense creep is one of the biggest silent profit killers in small business, and the regular money habits that can help you make calmer, more confident financial decisions.

In this episode, you’ll learn:

· Why many small business owners avoid budgeting and end up spending based on feel

· The three simple layers of an effective business budget

· How to use your average monthly revenue as a realistic budgeting baseline

· Why owner’s pay, tax and profit should be protected before operating expenses

· How expense creep can quietly reduce your profit margin

· The three questions to ask when reviewing recurring business expenses

· Simple spending rules that take emotion out of business purchases

· Why your budget needs a buffer for unexpected costs

· How to plan for annual and quarterly expenses before they become a cash flow problem

· How to use budget versus actual reporting in Xero to spot variances and ask better questions

Harman’s simple budgeting framework

1. Revenue: Use your average monthly revenue from the last six months as your realistic baseline.

2. Protected money: Allocate owner’s pay, tax and profit before spending on the business.

3. Operating expenses: What is left becomes the spending limit for running the business.

Your Money First action this week

Pull up your recurring expenses in Xero. Choose three subscriptions, tools or ongoing charges you have not reviewed in at least six months. Ask: Am I still using this? Is there a better deal? Is it earning its place?

That one exercise could save your business hundreds of dollars a month.

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Link to expense review

🔗 Where to Find Harman:
Website: www.blubookkeepers.com.au
Instagram: @blubookkeepers

Facebook: @blubookkeepersau
TikTok: @profitwithharman
LinkedIn: Harman Johnston

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📩 Have a Question or Want to Be a Guest?
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