E123 | Generating Sustainable Profits with Danielle Hayden

What do we do to achieve sustainable profit? What financial KPI do we need to analyze to effectively manage our business margins and understand our cash flow? And through this KPI can we make the best choices for our businesses in order to maximize our finances? As an entrepreneur, it is important that we know our financial data. And while we may not have a financial background, a simple grasp of the fundamental concepts of finances will help us enhance our strategic decision-making process and will let us have a deeper understanding of how to optimize our dashboard.   In today's episode, we'll be sitting down with Danielle Hayden. She 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. She will share with us how we can leverage our finances by learning how to read the data dashboards through these three main KPI’s which are gross profit, net profit, and operating expenses. Danielle spent 10 years in the boardroom as a corporate finance officer and has transitioned to now being the CEO of Kickstart Accounting Inc. Where she helps business owners with bookkeeping, financial analysis, education, and she is also the author of the Profit Planner book series.   “This was something that I learned very early on in my business was that I could not do everything nor should I. I knew from day one that I wanted a sustainable business that I could be in for the long term, and that meant finding a life that I could live and that required me to have a team.” - Danielle Hayden   In this episode we explore: ·        - How to find these perfect KPIs in your business ·        - Profit planner book series ·        - Learn the expense grading strategy. ·       -  Practices to do to build sustainable profit. ·        - Ways to maximize your finances.   Learn and Connect with Danielle: ·        Follow Danielle’s on Pinterest ·        Visit Kickstart Accounting Inc. website ·        Like Kickstart Accounting Inc. on Facebook ·        Follow Kickstart Accounting Inc. on Instagram ·        Follow Kickstart Accounting Inc. on Linkedin   Ready to simplify and streamline how you scale your business? We are now accepting Visionary CEOs and their right-hand Ops Leads into our signature Simplify to Scale mentorship program. Learn more and join us leanoutmethod.com/scale. Join us for our transformational in-person business retreats and masterminds each Spring and Fall at leanoutmethod.com/retreat. Have questions? Want to explore partnering together to scale your business? Connect with me on my personal Instagram @cristagrasso or LinkedIn and let’s start a conversation. If you loved this episode, please help us spread the word and reach more business owners like you by leaving a 5-star rating and review. Hit subscribe to be the first to listen to new episodes each Tuesday. For full show notes and more visit leanoutmethod.com/podcast.