66: #66 Understanding Business Finances: What's Really in Your Bank?

Unstuck (formerly Life In Business) - A podcast by Libby Langley - Business Coach - Thursdays

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You might be seeing 10K months… but where’s the money actually going? Let’s talk about what your business really makes — and how to take control of it. In this juicy episode, I’m lifting the lid on one of the most important — but often misunderstood — parts of running a business: knowing how much money you actually make. I’m not talking about flashy 10K months or million-pound turnover stats that get bandied around on Instagram. I’m talking about profit — the money you get to keep after the costs, fees, tax, tools, subscriptions, and everything else. This episode is here to help you shift from confusion to clarity, from “where did all the money go?” to “I know exactly what’s in my business account and what it’s there for.” You’ll learn the difference between turnover and real profit, why bank balance ≠ spending money, and how to start thinking like a business owner (not just a service provider). I’ll also share how I track my own costs, why doing the groundwork is the real magic, and how to stop falling for the “£1 million in 24 hours” nonsense we all see online. ✨ If you want to sleep better at night and build a business that actually supports your lifestyle — this episode is your starting point. 🛠️ Helpful Links: 🌀 Download the free guide: Feeling Stuck 📖 Read my book 💬 Work with me  What did today’s episode bring up for you? Are you more aware now of what your business is actually making? Come and tell me! I’d love to hear from you over on Instagram @libbylangley or on LinkedIn. Here’s to clarity, calm, and knowing exactly what’s going on under the bonnet of your business. Libby x