Michelle Hagen

Jan 28, 2021

Building A Strong Financial Foundation For Your Business

“The financial side of a business is the most important side. It's the foundation of a business. When you build a house, you have to have a solid foundation. That's what the financial side of things provides. It can make or break your business.“ - Tatiana Tsoir

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Whether you consider yourself a finance queen or have never even worked in a spreadsheet before, everyone needs to understand the financial bit of business to better reach your goals and succeed in your business. Numbers are a critical piece of running a business so buckle up for today's episode where we discuss all things money, taxes, and more!

Tatiana Tsoir is a numbers expert with over 15 years of experience helping entrepreneurs and business owners tackle their numbers, get taxes under control, and reduce money anxiety. So many people dream of being their own boss but are held back by the fear of handling the finances. Tune in to today's episode to learn what you can do to improve your business finances and check out Tatiana's new book, Dream Bold, Start Smart, launching in March 2021 for more amazing tips on how to set aside your fears and build a strong financial foundation for your business!

Quotes I loved:

“The financial side of a business is the most important side. It's the foundation of a business. When you build a house, you have to have a solid foundation. That's what the financial side of things provides. It can make or break your business.“

"If you just dedicate half an hour every week, or even an hour a month, to doing your record keeping, that along will transform your business."

In this conversation, we covered:

  • Importance of building your business on a strong financial foundation

  • Difference between DBA (Doing Business As) and LLC

  • S Corp vs. LLCs

  • How to organize business receipts

  • Tatiana's new book and how it can help you in your business!

Where to connect with Tatiana:

Website

Instagram

Check out Tatiana's new book, Dream Bold, Start Smart, HERE coming March 2021!
 

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- You can do this mama, in the middle of motherhood no matter how busy the years get! -

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