176 | Smart Strategies To Stay On Top Of Your Business Finances With Danielle Haydened

151 | Overcoming FOMO As A Business Owner
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  • 176 | Smart Strategies To Stay On Top Of Your Business Finances With Danielle Haydened

What You'll Discover In This Episode:

  • What A P&L Is And Why You Should Befriend It
  • The Repercussions Of Not Knowing Your Numbers
  • The Importance Of Separating Your Business & Personal Accounts
  • Where To Get Started Fixing Your Financial Mess
  •  Why You Need To Think Of Yourself As An Investor In Your Business
  • The Financial Reports You Must Stay On Top Of
  • So Much More!

You’ve got a junk drawer, right? I mean, come on. Everyone has one. There’s no shame in it.
It might be in your kitchen or your family room. It’s 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 aren’t exactly necessities? Maybe it’s 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 don’t 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 aren’t that severe so it’s not that big of a deal that I stay away from it.

The problem I see with a lot of my clients is… 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, you’re letting the monster inside grow and grow and grow…

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 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.

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Amber De La Garza

About the author

Amber De La Garza, is The Productivity Specialist! Amber is a sought-after coach, trainer, speaker, writer, and the host of Productivity Straight Talk podcast, and creator of the S.T.O.P. Leverage Formula. She works with small business owners to improve their time management and elevate their productivity to maximize profits, reduce stress, and make time for what matters most!

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