EP220: How To Properly Setup & Manage Your Finances

The Business of Becoming with Lori Kennedy

We are midway through our season of “Women Who Lead”.

So what better time to talk about MONEY?

Money investments, money blocks, money goals... Some podcasts would run from these types of conversations, where we lean into them.

As entrepreneurs, conversations around money will always be prevalent. Wherever you are in your business cycle, having a firm understanding of your finances and investments is key.

Danielle Hayden, CEO of Kickstart Accounting joins me to discuss what elements of finance need to be taken into account for any new entrepreneur.

Have you considered the risks involved with long-term payment plans for your program? Have you considered the money that you have to spend, in order to make it? How are you actively setting yourself up for financial success?

If you have been considering a financial business audit, or if you're just starting out, this episode is for you.

More About Danielle Hayden:

Danielle Hayden is a reformed corporate CFO (chief financial officer) who is on a mission to help rule-breaking female entrepreneurs understand their numbers so they can gain the confidence needed to create sustainable profits. After spending 10+ years in the boardroom as a corporate finance officer, Danielle is now in her sweet spot as the co-owner of Kickstart Accounting, Inc. where she helps business owners with bookkeeping, financial analysis, and education, and as the author of the Profit Planner book series.

When Danielle isn’t crunching numbers on her clients’ behalf or crafting the next iteration of the Profit Planner, you can find her hanging with her two kids as she inspires them to lead their fullest lives or doing any, and almost every fitness-related activity ranging from Spartan races to pilates.

SPECIAL OFFER! Danielle is offering the audience of The Business of Becoming, a special one-year intro rate on Bookkeeping. Book a discovery call HERE.

Do you have any questions for Danielle? You can continue the conversation with Danielle on her Instagram or Facebook!

What We Talk About In This Episode:

• Financial Data
• Bookkeeping
• Payment plans
• Profit margin
• Lines of revenue
• Financial Reports
• Financial Forcast
• Risk Tolerance
• Hiring - Pros and Cons

Things We Mention In This Episode:

• QuickBooks Canada
• CPA Canada
• Danielle & Lindsay (@kickstartaccounting)
• Discovery call with Danielle

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Let’s Keep The Conversation Going…

Do you feel like you are stuck with a particular business idea, or are you fluid as things change? Have you been through a personal transformation that affected your business? I would love to hear all about it and I’m sure others would too. Comment below and share your story or visit me on Instagram which is currently my favourite way to connect.

You can also join my free online community to connect with more than 16,000 other health practitioners just like you to ask questions, share wins and struggles and get lots of support from me and my team! I hope to see you there.

… did you know that we make a donation on behalf of every special guest that we have on The Business of Becoming? Today’s donation is going to Fundraise | GOTR Northeast Ohio