Why Your Bank Balance is Lying to You (And What It’s Costing You)

You wouldn’t watch the Super Bowl without a scoreboard. So why are you running your business without one?

That’s the hard truth Todd Frazier tackles in Episode 1 of the Do Business Podcast. Many business owners rely on their bank balance to make critical decisions—hiring staff, launching ads, investing in new services—but that number only tells you what’s in the account today. It says nothing about your upcoming bills, payroll, overdue invoices, or the true performance of your products, services, or people.

In this episode, Todd walks through why accurate and up-to-date accounting records are the foundation of every winning business. Without them, you're flying blind.

🔎 Key Takeaways:

• Your bank balance is a snapshot, not a scoreboard. It doesn’t tell you what’s profitable—or what’s dragging you down.

• Financial statements = evaluation tools. They help you spot what's working, eliminate what’s not, and double down on winning strategies.

• Gross profit margin, net profit, revenue trends—these metrics only exist when your books are clean.

• Blind growth is expensive. Todd shares stories of clients investing in "great ideas" that turned out to be financial sinkholes—all because they didn’t have the numbers to back them up.

• You can’t delegate what you don’t understand. Whether you do it yourself, hire help, or outsource to a firm like Frazier Industries, you must have accurate records to lead with clarity.

  
  

📖 Scripture Tie-In:

“For which of you, desiring to build a tower, does not first sit down and count the cost?” — Luke 14:28

✅ Ready to Lead with Clarity?

Stop guessing. Start evaluating.👉 Schedule your free consultation with Todd and the team at Frazier Industries.