173: Avoiding Embezzlement: Financial Control Systems for Small Businesses

AmiSights: Financing the Future For Small Business Owners and Entrepreneurs

In this week's edition of the AmiSights Podcast, we talk to Lil Roberts, CEO and founder of Xendoo, which specializes in online bookkeeping and accounting, focusing on small business owners. Through a blend of cutting-edge technology and a dedicated team, Xendoo provides speedy access to financials with predictable pricing, seamless technology, and expert support.

“Business owners can't get their financials in a timely way and have visibility to operate their business from the traditional CPA industry,” she said. “Not to say that CPAs are bad because CPAs are great, wonderful people. It's that they don’t have the tools in that industry to be able to serve their customers in a timely manner…I'm not a CPA or an accountant. I'm just a fellow small business owner and entrepreneur and want to level the playing field by being able to deliver timely financials.” The main topics of today's episode will include the importance of understanding financials as the first line of order for all business owners, the necessity of having a line of credit readily available for seasonality, working capital, or unexpected emergencies, and the value of surrounding yourself with team members who challenge you and possess different skill sets. Connect with Lil: https://www.linkedin.com/in/lillianroberts/