Finances are one of the most important parts of owning your own business. And they’re also one of the scariest, too. But like most things in life that we’re afraid of, it’s because we don’t know how easy it can be to do.
In this week’s episode of Own Your Business, I sit down with finance expert, Katelyn Magnuson, to discuss:
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What holds you back from feeling confident about managing your business’s finances
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3 big mistakes owners make with their money
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What you can DIY, and what you should outsource
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Ways to get your books done without stressing yourself out
Katelyn Magnuson’s Bio:
Katelyn Magnuson, founder and CEO of The Freelance CFO, LLC, believes we’re all capable of reaching long-term financial goals without having to skip your daily latte. In November of 2016, she took her decade of experience as a tax analyst and controller and launched what is now known as The Freelance CFO, with the goal of helping millennials (and beyond) master their money knowledge and grow their financial freedom. Through her training, social media presence, and sought-after one-on-one coaching, she empowers individuals and small businesses alike to utilize personal money management to “create the life of their dreams with businesses that not only support their goals and generate profit, but are also fun.” She believes releasing financial shame and frustration is the first step towards a lifetime of success. When she’s not keeping in touch with her bookkeeping clients, or being featured on OppsLoan, Thrive Global, Betches, and countless other podcasts, she enjoys planning spontaneous trips to Iceland and hanging out with her chickens. Her greatest weakness are her T-rex thumbs as she constantly drops things.
Social Media:
https://www.tiktok.com/@katelyn.magnuson?lang=en
https://www.instagram.com/thefreelancecfo/
https://www.facebook.com/groups/MillennialMoneyMastered
Website: