Business By The Books with Danielle Hayden

Debt can be a controversial subject for many including business owners. Today, I'm deep diving into the topic of debt and explaining why living debt-free can be beneficial. I'm also explaining some of the major costs associated with being debt-free and how it can affect you as an entrepreneur. Join me in this episode, to hear both sides of debt including how you can use debt to benefit your small business. In this episode, I also discuss: Dave Ramsey, who he is and what he advocates for 3:49 The costs associated with being debt free 6:20 Taking a clear stance on debt 10:23 Some of the best options for business loans 12:25 Prefer to read this? Check out the blog: https://kickstartaccountinginc.com/debunking-the-myth-of-debt-free-success-why-borrowing-can-be-beneficial-for-small-businesses Connect with Danielle: Instagram | @DanielleHayden__OH Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Get Started Today: https://kickstartaccountinginc.com/get-started/

Today, Financial Coach Audrey Faust joins me to talk about how entrepreneurs can take control of their finances, diversify their income and take their businesses to new heights. Audrey Faust is a financial coach who specializes in empowering female entrepreneurs to become financially literate and understand their finances so they have all of the financial tools they need to succeed. Join Audrey and I in this episode as we discuss how you can make a bigger impact on your income, grow your business and understand your finances as an entrepreneur. In this episode Audrey and I also discuss: Audrey's mission 1:31 The 7% rule 4:50 How business and personal finances are connected 6:14 Why your net monthly cash impact is important 13:24 Why diversifying your income is so important 18:36 Prefer to read this? Check out the blog: kickstartaccountinginc.com/how-to-manage-debt-and-build-wealth-a-holistic-approach-for-personal-and-business-finances/ Connect with Audrey: Website | https://www.audreyfaustconsulting.com/ LinkedIn | https://www.linkedin.com/in/audreyfaust/ Instagram | https://www.instagram.com/greatwithmoney/ Connect with Danielle: Instagram | @DanielleHayden__OH Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Get Started: https://kickstartaccountinginc.com/get-started/

Have you been wondering if you're deducting enough on your taxes each year? Today, our Lead Account Manager, Kelsey, joins me to talk about some of the most common business deductions you can take on your taxes as an entrepreneur. Join Kelsey and me for this informative episode to learn what you can deduct as a business expense so you can get the most out of your tax return. In this episode, Kelsey and I also discuss: Advertising materials and what can be included for your tax deductions 4:27 Home office expenses for tax purposes 12:13 Payroll and deductions 15:56 What's not deductible 24:47 Mentioned in this Episode: 50+ Tax Write-Offs | https://kickstartaccountinginc.com/Taxwriteoffs Get Started Ad: https://kickstartaccountinginc.com/get-started/ Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

Christa Gurka is a fitness and wellness business coach and an Orthopedic Physical Therapist specializing in Pilates-based rehabilitation. Christa owns, operates, and teaches at Pilates in the Grove, located in South Florida. In this episode, Christa joins me to share the details on how she grew her business to seven figures and expanded her team while keeping the freedom and flexibility of a healthy work-life balance. Join us in this episode to learn more about the importance of forming your businesses core values and why improving your mindset can make a big difference in the expansion of your business. In this episode Christa and I also discuss: Christa's mission and how she got started as an entrepreneur 3:11 The turning point in her business 10:35 How to keep your core values front and center in your business 19:06 Finding your non-negotiables 35:01 Joining a mastermind program and why it can be a game changer 42:24 Connect with Christa: Podcast | https://www.christagurka.com/podcast Website | https://www.christagurka.com/ Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Get Started: https://kickstartaccountinginc.com/get-started/ Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

Today, Victoria joins me to talk about why it's so important to set clear boundaries as an entrepreneur and why you should get better at saying "no." We're also explaining the five types of boundaries that someone can have in their business. Join us in this episode to learn more about how you can set your own boundaries within your business, team and finances. In this episode Victoria and I also discuss: Finding your non-negotiables 8:06 Setting boundaries for your team 9:06 How to be clear when it comes to setting boundaries 13:56 Questions to ask yourself with clients and boundaries 16:33 Financial boundaries and emotional spending 20:31 Mentioned in this Episode: EP 85 – Recognizing the 5 Categories of Emotional Spending EP 79 – Forget Goals! Create Intentions and Measure Your Success in these Definitive Ways throughout the Year Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

Are you a parent and an entrepreneur who's wondering how you can set your children up for success when it comes to money and entrepreneurship? Today, Rob Phelan joins me to share how you can help your kids get a healthy money mindset and how you can lead by example as an entrepreneur. Rob Phelan is a high school personal finance teacher, certified financial education instructor, a small business owner and the author of 2 money books for kids. Listen to this episode to gain some insight on how you can encourage your kids to embrace entrepreneurship and prepare them for adulthood by giving them a healthy relationship with finances from the start. In this episode Rob and I also discuss: Rob's mission and how he got started in personal finance education 1:55 How can we help our teens and kids have a healthy money mindset 8:12 Encouraging your kids to embrace entrepreneurship 13:02 Having honest conversations with your kids about money 24:58 Connect with Rob: Webinar | https://bit.ly/taxesforteens Website | https://www.choosefi.com/ LinkedIn | https://www.linkedin.com/in/robphelan/ Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

This week, David Chudyk, a financial advisor and the host of the Weekly Wealth Podcast joins me again to talk about how you can overcome the fear of talking to your children about money and set your kids up for financial success. In this episode, David shares with us the action steps you can take today to get started so your children have the foundation for being financially successful in their future. In this episode David and I also discuss: How to get over the fear of talking to your kids about money 8:59 Teaching your kids work ethic when they need money 22:08 Teaching your kids the value of a dollar 26:01 The action steps you can take to get your kids set for financial success 27:46 Connect with David: Podcast | https://www.weeklywealthpodcast.com/ Website | https://www.allofmyassets.com/ Mentioned in today's episode: EP 69- Creating a Sellable Business with David Chudyk Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

As entrepreneurs, we want to make sure our children have the resources they need to have a strong financial mindset. But how do we inspire that next generation of entrepreneurs and give them the education they need when it comes to money? In this episode, I'm sharing with you how to talk to your kids about money, model a healthy money mindset and motivate your children to take action when it comes to earning and saving money. In this episode I also discuss: Why you should understand your numbers both in your personal life & business 7:11 Showing your kids that it's ok to ask for help 9:20 Why you shouldn't shelter your kids from risk 11:42 Creating an environment where kids can celebrate wins or express concern 15:20 Learning how to earn, spend and save money 16:50 Mentioned in today's episode: Under Pressure: Confronting the Epidemic of Stress and Anxiety in Girls by Lisa Damour EP 85- Recognizing the Five Categories of Emotional Spending Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

Nicole Salceda is an interior designer, decorator and the owner of Eye for Pretty, a California design firm that focuses on creating cohesive and inspiring spaces for clients. Nicole is also a client of Kickstart Accounting. Nicole spent 12 years as a teacher before making the leap to business owner and following her passion for interior design. In this episode, Nicole talks about making the transition from teacher to design entrepreneur, managing a large team and how she's been able to improve her cash management and money mindset within her thriving design business. In this episode Nicole and I also discuss: Nicole's mission 3:06 How Nicole made the transition from teacher to entrepreneur 4:25 Money mindset shifts Nicole made when transitioning to business owner 6:02 The importance of flexibility when managing a team 11:38 Cash management for a service based and inventory business 15:46 The importance of creating a team culture 17:34 Connect with Nicole: Instagram | https://www.instagram.com/eyeforpretty/?hl=en Website | https://www.eyeforpretty.com/ Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid

Payroll costs are one major issue I've seen with my clients that can affect service-based entrepreneurs when they are growing their business and trying to expand their profits. In today's episode, I'm talking about payroll costs, how to tell if your payroll costs are too high and what you can do when your payroll starts to eat into your profits. Join me in this episode as I share six specific action steps you can take to reduce your payroll costs, so you can focus on expanding your profits and improving your team. In this episode I also discuss: Finding the balance between serving your team and serving your clients 2:39 Finding the payroll cost in your business 7:04 What it really means to know your numbers 13:21 SOP's and why they're so important 13:42 Improving your team culture 20:12 Episodes mentioned: Episode 67 | https://kickstartaccountinginc.com/ep-67-preparing-for-tax-season-with-1099-contractors/ Episode 46 | https://kickstartaccountinginc.com/ep-46-s-corp-webinar-with-sarah-fox/ Connect with Danielle: Website | Kickstart Accounting Facebook | Kickstart Accounting Inc. - Home | Facebook Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/ Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/ Learn how to pay yourself as a CEO - https://www.kickstartaccountinginc.com/getpaid