Escaping the Trap of Managing by Bank Balance: A Guide for Entrepreneurs
November 28, 2024 · 2 min read
The Comedy of Managing by Bank Balance
Hello, legacy-builders, family business stewards, and my fellow campground enthusiasts! Today, weâre going to talk about a little joke thatâs been making rounds in the entrepreneurial world. Itâs called âManaging by Bank Balance.â Donât get me wrong, I love a good laugh â but this one? This oneâs more of a tragicomedy!
Introducing Donna Bordeaux: Your Guide to Financial Growth
Enter Donna Bordeaux, our protagonist, and your potential savior. Sheâs an accounting whizz with a passion for progressive perspectives and a knack for turning campground businesses from tired tents into robust RV parks.
The Problem with Managing by Bank Balance
âManaging your business by looking at your bank account is like driving down the road only staring at your speedometer. You canât see whatâs in front of you,â says Donna. âYou need to know the full vision of the path ahead to manage your business effectively.â
The Solution: A Personal Financial Officer
But how do you do that? With a PFO â a personal financial officer. Think of it as having a CFO for your business, but without the corporate lingo and the stuffy suits. A PFO helps you manage cash, profitability, and financial goals so that you can focus on what you do best: running your business.
Conclusion: Changing the Script
So, if youâre tired of being the punchline in your own joke, itâs time to change the script. Tune in to Donnaâs video to learn more about managing your finances the smart way. And remember, thereâs more to life than business, and thereâs definitely more to taxes than being on time.
Stay tuned, because this is one show you wonât want to miss!

Connect with us!
Please follow us on Facebook and Instagram. Please make sure to check out our blog and our website link below. Subscribe to our YouTube channel and hit the bell to be notified when we post. You can email me at donna@campgroundaccounting.com.
Donna Bordeaux, CPA with Campground Accounting
Creativity and CPAs donât generally go together. Most people think of CPAs as nerdy accountants who canât talk with people. Well, itâs time to break that stereotype. Lively, friendly, and knowledgeable can be a part of your relationship with your CPA, as demonstrated by Donna and Chad Bordeaux. They have over 50 years of combined experience as entrepreneurial CPAs. Theyâve owned businesses and helped business owners exceed their wildest dreams. They have been able to help businesses earn many times more profit than the average business in the same industry and are passionate about helping industries that help families build great memories.
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