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The Home Service Expert Podcast

Making Sense Of ‌Your‌ ‌Business‌ ‌Numbers‌ to‌ ‌Ensure‌ ‌Sustainable‌ ‌Profit‌ ‌and‌ ‌Growth‌ ‌

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8705 Ratings

🗓️ 8 December 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

Danielle Hayden is the co-owner of Kickstart Accounting, Inc. where she helps business owners with bookkeeping, financial analysis, and education. She is the author of the Profit Planner book series. After being a corporate finance officer for over ten years, she now assists female entrepreneurs in better understanding their numbers.

In this episode, we talked about accounting, finance, bookkeeping, auditing, strategic planning, small business...

Transcript

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0:00.0

So the first hurdle that we always have with business owners is getting out of the overwhelm, right?

0:06.4

You have 90% of business owners who went into business.

0:09.7

They weren't trained in accounting, and that's perfectly normal, right?

0:12.6

I don't love marketing.

0:13.9

We all have a sweet spot, right?

0:15.9

So, you know, we find that the first hurdle is just getting somebody from drowning in this dark cloud

0:24.3

task of accounting. And so our first thing that we do when we come in is say, all right,

0:29.5

let's take this off your to-do list, right? So it's not haunting you, right? You can now go out,

0:35.2

handle your business. We take care of the numbers, but then as a business owner, it's your job to come back

0:42.7

and look at them.

0:44.3

Look at the seasonality.

0:46.2

Read the trends.

0:48.0

You take the time to analyze your sales, where they're coming from, where you're spending

0:53.2

money.

0:54.1

Are these things aligning with your goals?

0:57.0

So just learning as the CEO to listen to what your numbers are trying to tell you

1:02.8

and then most importantly take action on them.

1:05.6

Welcome to the Home Service Expert, where each week Tommy chats with world-class

1:10.7

entrepreneurs and experts

1:12.0

in various fields, like marketing, sales, hiring, and leadership to find out what's really behind

1:18.4

their success in business.

1:20.3

Now, your host, The Home Service Millionaire, Tommy Mello.

...

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