Knowing Your Numbers with Danielle Hayden
Episode description
On today's episode of the Spapreneur Podcast we have another amazing guest! Danielle Hayden is a recovering hairstylist who went to business school and ended up in accounting. Danielle is a reformed corporate CFO 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 is the author of the Profit Planner book series.
Before she became a CFO, she had plans to open her own hair salon and that prompted her move to attend business school. Her background in the salon world and business education allows her to bring her unique experience and knowledge to salon and spa owners!
Topic We Cover
- Business education is so important
- Your business financials effect your personal life
- Knowing where the problems are to invest correctly in your business
- Avoiding the feast or famine spending cycle
- Connecting Your Core Values to Your Business Financial Goals
- Volume versus Higher Price Sales
- Why Now is the BEST time to do a Financial Plan
- Key Performance Indicators (KPIs)
- Asking for Help where you aren't good in your business
- Don't feel shame for what you aren't good at in your business - ask for help
- Look to your past to make decisions on your future
- Data is our Friend
- Female versus male energy in business
- Money is emotional
- 2020 it Rained
- Day one or day 1000 it's never too early or late to get financial knowledge