Ep 16 - Mastering the Language of Money for Small Business Growth: Transforming confusion into confidence with your numbers
Podcast Summary:
In this episode, the host discusses the importance of understanding financial terminology and numbers for small business owners. She explains how terminology can sometimes be confusing, especially when it comes to tax forms like the 1099 Non-Employee Compensation form. However, she encourages listeners to ask questions and seek clarification from trusted sources if something doesn't seem right.
The host also emphasizes the value of knowing your financial numbers and using them to make informed decisions for your business. She shares examples of how numbers can help identify areas that need improvement or pivoting, and how they can empower entrepreneurs to take calculated risks while mitigating potential risks.
Throughout the episode, the host highlights the creativity and empowerment that come with understanding your finances, and how it can ultimately lead to success and growth for heart-centered small business owners.
Podcast Show Notes:
Introduction and background on the new 1099 Non-Employee Compensation form.
The importance of asking questions and seeking clarification when financial terminology is confusing or unclear.
Embracing the creativity and flexibility of financial terminology while ensuring accuracy and compliance.
The power of knowing your financial numbers and using them to make informed business decisions.
Examples of how numbers can reveal areas for improvement or pivoting, and how to use them to take calculated risks.
Encouraging listeners to face their financial numbers, even if they're afraid of what they might see, as it's often not as bad as they think.
The host's personal experience and perspective on the transformative impact of understanding finances for small business owners.
Closing thoughts on the creativity and empowerment that come with financial literacy for heart-centered entrepreneurs.