The Aligning Wealth Cashflow Workbook

desk with papers and phone, chair in background

How do you create a financially healthy business as a business owner? 

You understand where you are financially, and you make your decisions accordingly. 

In my role as a financial advisor, I help business owners assess their financial wellbeing from the ground up. It is crucial to understand personal and business finances in order to understand how to build profit and to make sound financial decisions. 

That’s why I created the Aligning Wealth Cashflow Workbook

This workbook steps you through personal and business finances, enabling you to plan your profit and have a grounded understanding of how your business is doing financially. 

The Cashflow Workbook helps you get clarity on:  

  • How much you can pay yourself as a business owner
  • How to plan and save for business growth 
  • How to make sure you save enough for taxes and other bills 
  • How to know how many clients you need to cover your expenses 
  • How long your cash will last 
  • How to plan for your personal expenses and goals, like buying a home, saving for your kids’ education, and becoming financially independent so you don’t have to work. 

Gaining this clarity is empowering. It means you can move forward with your plans to build your business and reach your goals. It means you won’t struggle to pay the bills at home and in the business. It means you won’t get surprised by a big tax bill you can’t pay. It means you’ll know exactly how much you can pay yourself every month. 

If you have ever been caught off guard by an unexpected expense, or you find yourself shuffling money around between accounts trying to cover everything, then start here to get a real financial plan under your feet. 

Check out the instructions below, and download the free Aligning Wealth Cashflow Workbook to start making empowered financial decisions! 

Download the Aligning Wealth Cashflow Workbook 

Aligning Cashflow Workbook Instructions: 

You’ll see three tabs within the workbook: Business Cash Flow, Personal Cash Flow, and Planning Profit. Each of these areas are linked and will give you a picture of your finances from that area. 

Business Cash Flow

  1. Enter in your cash on hand
  2. Put in your predicted income by month
  3. Put in your expected expenses by month
  4. You can put in what you hope to take home in owner’s compensation.

This will let you see how long your cash lasts, and whether or not you are making a profit in any one month. This is the Cash On Hand section

[TIP] If you’d like to run scenarios to see how many clients to bring in for a month, or to experiment with different expenses, make a copy of the spreadsheet and test things out. 

Personal Cash Flow

This is very similar to your business cash flow.

  1. Put in your cash on hand
  2. Put in your predicted take home from the business, 
  3. Put in your expected personal expenses. We included a savings section for you as well. 

You can see if you have enough to cover everything with the Net Cash Flow Line under Cash Flow.

You can see how long your cash will last on the Cash on Hand section.

Planning Profit

This section lets you see how much you’ll take home after expenses and taxes. 

  1. Put in your gross revenue
  2. Put in your expenses

This will let you  see your profit before owner’s compensation. 

  1. Then put your estimated tax percentage to calculate your remaining take home profit after taxes. You can get this number from your accountant. 
  2. Put the tax savings into a separate savings account, and then use the remaining profit for your owner’s compensation.

[TIP] You can play around with various expense amounts to see how that impacts your owner’s compensation. 

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