Coach Catalyst Podcast Episode 39 - Amanda Hanquist
On this podcast episode we have a fantastic speaker in Amanda Hanquist, founder of FIT CFO. Amanda starts off the episode talking about what got her started with Fit CFO. She then shares about how Fit CFO turned from being a financial coaching platform but grew into a full service accounting firm for health and fitness professionals. She then explains how it is transitioning from a nutrition coach to a full time business owner. With her shares of bottlenecks and struggles she faced starting Fit CFO. Trevor then gives an insight about finding the right business partners and communication between partners. Amanda proceeds to give advice which she mentioned having 3 bank accounts and how it would be beneficial in managing your finances. She then talks about the problems business owners would face when trying the financial side of their businesses. This podcast includes a list of useful tools new business owners can utilize and help them with the financial side of their businesses. The podcast finishes off with Amanda talking about utilizing tax benefits to build your retirement wealth.
6:09 - 7:00 Amanda talks about what got the started with Fit CFO
11:06 - 12:04 Amanda talks about how Fit CFO was initially a financial coaching platform but grew into a full service accounting firm for health and fitness coaches
15:47 - 16:28 Amanda talks about her transition as a nutrition coach to a business owner
19:48 - 20:26 Amanda talks about the bottlenecks and struggles they faced starting Fit CFO
26:51 - 27:30 Trevor talks about finding the right business partner and communicating when problems arise
30:02 - 30:56 Amanda talks about the three bank accounts an business owner should have
35:09 - 35:56 Amanda talks about the problems business owners would encounter when trying the financial side of their business
41:00 - 42:37 Amanda talks about the tools a new business owner can utilize
58:08 - 58:41 Amanda talks about utilizing tax benefits to building your retirement wealth