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Finance can feel overwhelming, but understanding your financial infrastructure is one of the most important foundations for any business, non-profit, association, or professional practice.

In this episode of How to Keep Your Day Job with The Morning Star Consultants, Lisa Goss sits down with Ahmed Elsayed of Right Solutions Inc. to break down the fundamentals of financial systems in a practical, approachable way.

Together, they unpack:

• The three core financial statements and what they actually tell you
• Why cash flow matters more than many people realize
• Common bookkeeping and GST mistakes businesses make
• The importance of monthly reconciliation and financial review
• How poor financial infrastructure creates stress, confusion, and risk
• Why strong systems create clarity, confidence, and freedom

Using simple real-world examples — including the “Lemon Stand Principle” — Lisa and Ahmed explain complex financial concepts in a way that is accessible, practical, and grounded in real operations.

A special shoutout to Ahmed Elsayed and the team at Right Solutions Inc. for their ongoing support in accounting, bookkeeping, payroll, and tax solutions for businesses and organizations across Manitoba and beyond.

Whether you’re a business owner, Executive Director, board member, entrepreneur, or someone trying to better understand your numbers, this episode is designed to help you build stronger financial foundations.

📍 Based on the presentation “Finance 101: Understanding Your Financial Infrastructure” presented by Ahmed Elsayed and Lisa Goss.

Lisa Goss, MBA

Morning Star Consultive Services
Business and Life Strategists

📍 Address: 93 Lombard Avenue, Suite 103
📞 Phone: 431-807-9679 ext. 800
🌐 Website: Business and Management Consultant - Winnipeg, Manitoba
📧 Email: info@morningstarconsultant.com
🎙 Podcast: How To Keep Your Day Job — with The Morning Star Consultants

Strategic | Operational | Foundational

Ahmed Elsayed

Right Solutions Inc.
Accounting and Tax Solutions

📧 Email: ahmed@right-solutions.ca
📞 Phone: 416-520-0544
🌐 Website: Right Solutions Inc.

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This podcast is not associated with or endorsed by any company, employer or agency. By accessing this Podcast, you acknowledge that Morning Star makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered individual professional advice, nor is any guest or presenter speaking for any entity where they are not the sole proprietary.