In this episode, our host Bob Gauvreau joins Shauna Schubert to discuss key strategies for mastering business challenges. Shauna explores leadership in family business management, while Bob focuses on the critical role of mindset and profitability. Their expertise offers essential insights into effective business operations.

They also examine how digital bookkeeping can streamline workflows and reduce stress, boosting financial efficiency. The conversation concludes with the necessity of precise financial reporting and adaptable expense management for ongoing growth.

Host Bob Gauvreau steers this engaging discussion, providing listeners with actionable advice. Don’t miss out—tune in for valuable tips that could transform your business approach.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 03:32 Running a Family Business, Accounting Struggles, and Finding Help.
• 08:34 Bookkeeping Importance for Business Owners.
• 14:04 Importance of Bookkeeping for Businesses, Highlighting Its Ability to Provide Black and White Financial Data and Help Make Tough Decisions.
• 19:51 Bookkeeping and Financial Management for Businesses.
• 24:35 Financial Strategies for Business Growth and Success.
• 30:42 Financial Management in Restaurants, Including Cost Control and Reporting
• 35:49 Digital Solutions for Bookkeeping and Accounting.
• 40:48 Streamlining Bookkeeping Tasks for Business Owners.

About the Guest:
Shauna graduated from Trent University in 2005 and immediately took over operations of the family business. She has experienced first hand the excitement and challenges of owning a business. Shauna & her husband operated the restaurants until Dec 2017 when both decided it was time for a change and the restaurants were sold. Shauna joined Gauvreau & Associates in early 2018 as part of the bookkeeping team and has been thrilled to be part of the growing team. She and her husband live in Douro along with their two daughters.

Connect with Shauna:

• Linked In: https://www.linkedin.com/in/shauna-schubert-2a865518a/
• Facebook: https://www.facebook.com/profile.php?id=100077964682725

Resources:

• Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in 
• Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram 
• Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa 

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Let’s continue to work on becoming a Wealthy Entrepreneur!

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