Is your accountant really enough to protect your business?

In this episode, I break down the five critical financial skill sets that most business owners are missing. Drawing from financial compliance audits and surveys of over 200 SME owners, I reveal why profitable businesses still run out of cash and how hidden risks are costing you thousands without you even knowing.

You'll discover real case studies including a business that lost £150,000 in unprocessed expenses, another that missed £85,000 in unbilled sales, and a post-acquisition disaster that uncovered a £750,000 discrepancy. Whether you're scaling through acquisition or preparing for exit, these skills will help you transform your business from a lifestyle into a valuable asset that runs without you.

Every business we've audited has at least a 10% cash leak somewhere. Learn how to find yours and fix it before it's too late.

“Business owners don't actually know what finance can do.” – Julie Wilkinson

You’ll hear about:

• Why "I've got an accountant" leaves you vulnerable to hidden risks
• Financial literacy: understanding cash flow, margins, and break-even points
• Forecasting and scenario planning to protect against business-killing risks
• Data interpretation and why monthly margin fluctuations signal deeper problems
• Digital finance and automation to prevent operational cash leaks
• Commercial and strategic thinking for sustainable business growth

Connect With Julie Wilkinson

LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/

Tik Tok – https://www.tiktok.com/@wasolutions

YouTube - https://www.youtube.com/channel/UCUvq6gfNoP_4dfIJulL6C6A

Facebook - https://www.facebook.com/wilkinsonaccountingsolutions

Website - https://wilkinsonaccountingsolutions.co.uk/

Find out more about our brilliant sponsor Acquisition Masters here - https://www.acquisitionmasters.co.uk/

Before you go, don’t forget to leave a comment and review if you got something out of this episode!