What You'll Discover In This Episode:
Youāve got a junk drawer, right? I mean, come on. Everyone has one. Thereās no shame in it.
It might be in your kitchen or your family room. Itās full of all the random necessities that need a convenient home. Mine has things like a flashlight, tape measure, scissors, wax melts, lighter, and Sharpies.
Necessities.
Now, do you have another place in your home that houses things that arenāt exactly necessities? Maybe itās a cabinet, a drawer, or an old chest your grandmother passed down to you?
I do. And if yours is anything like mine, I avoid it like the plague.
I know I should take the time to clean it out but to be honest, I just donāt want to deal with the mess of old cards, love letters, mementos, dried carnations, pins, and trinkets, so I never make it cleaning a priority. Sifting through all those items and determining their importance would cause me stress.
No thanks. I keep that thing shut!
Well, the repercussions of keeping that drawer shut arenāt that severe so itās not that big of a deal that I stay away from it.
The problem I see with a lot of my clients isā¦ they keep their financials in a metaphorical cabinet like my memory drawer and they avoid it like the plague.
They refuse to open the drawer or just plain avoid it. And the repercussions of ignoring your business finances can be devastating.
Your finances are always telling an important story. You must be paying attention so you can stay organized, make smart decisions, and maximize your profits.
Otherwise, if you keep that cabinet closed or just peek in at tax time, youāre letting the monster inside grow and grow and growā¦
You and your business deserve better.
In this episode of Productivity Straight Talk, I sit down with the co-owner of Kickstart Accounting, Inc, Danielle Hayden, to discuss some smart strategies you can use to stay on top of your finances so you can make decisions for your business based on facts and not just the stories you tell yourself.
Episode Links & Resources:
About Guest:
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 isnāt crunching numbers on her clientsā 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.