Building Financial Literacy and Trust with Small Business Clients

Joey Vrooman, CPA, joins the show today and helps explain the importance of working to educate clients on financial literacy, despite common disinterest. He discusses tactics for simplifying complex terminology, using visual tools, meeting clients at their level, and the "win win" benefits for both advisor and business owner.

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• (00:00) - Federal Tax Updates Episode 21
• (00:40) - Welcome Joey to the show
• (02:31) - Defining financial literacy
• (05:33) - Teaching clients to understand finances
• (15:31) - Understanding client personalities and tailoring communication
• (18:23) - Managing pricing and margins during inflation
• (22:26) - Keeping financial information simple yet accurate
• (26:19) - Answering client questions on financial decisions
• (29:28) - Documentation to protect against liability risks
• (32:34) - Year-end tax planning with clients
• (38:14) - Confusion caused by media coverage and ERTC mills
• (42:18) - Wrap up and remember to subscribe

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Connect with Joey
https://www.linkedin.com/in/joey-vrooman-cpa-87371568

Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab

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This podcast is a production of the Earmark Media

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.