552: Danielle Hendon – Understanding the numbers behind a successful photography business
Description
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Danielle Hendon of www.4cornerscfo.com is a financial advisor to small business operators. Her background is in corporate finance and accounting, which she left behind and started her own small business.
Today, her goal is to help and guide entrepreneurs to pay themselves what they’re worth and continue to put more profit in their pockets every year.
Are you a photographer passionate about capturing stunning images but struggling with the financial side of your business? Do you ever wonder how much to charge for your services, how to manage your cash flow, or how to make smart investments in your equipment?
In this episode of the podcast, we'll dive into the world of financial management for photographers. Danielle has helped countless small businesses achieve financial success and is here to share her expert insights with you.
We cover topics including:
How to price your photography services profitably
How to manage your cash flow so you can avoid feast-or-famine cycles
How to make smart investments in your camera gear and other equipment
How to understand your business's financial statements so you can make data-driven decisions
If you want to avoid burnout, understand your numbers, and focus on your reason for becoming a photographer, this episode is for you!
Here's some more of what we covered in the interview:
What’s on Offer for Premium Members
If you’re on the fence about becoming a premium member, join with the $1 trial today and get access to the FULL interviews each week, a fantastic back catalogue of interviews, and have ALL future interviews delivered automatically to your phone or tablet.
Plus, special member-only interviews.
“A budget is not going to make or break your business, your bank account will.” – Danielle Hendon
You'll also receive access to the members-only Secret Facebook Group, where you can connect with other Premium Members and interview guests to help, support and motivate you to take ideas you hear in each episode and put them into action. The group also has FB live video tutorials, role-play, and special live interviews. You will not find more friendly, motivated, caring and sharing photographers online.
Seriously, that's not all.
In addition to everything above, you'll get access and instructions on forming or joining a MasterMind Group with other premium members. These groups are super motivating, make you accountable and build friendships with other pro photographers with similar motives to you – to build a more successful photography business.
What is your big takeaway?
Following this interview, I’d love to know if you're taking anything from what Danielle shared. Is there something you heard that excited or motivated you to the point where you thought, yeah, I'm going to do that! If so, leave your thoughts in the comments below; let me know your takeaways and what you plan to implement in your business due to what you heard in today's episode.
“Your hour is worth more than what you would pay a bookkeeper to do it. You don't want to figure this out for yourself. Get a bookkeeper have them take care of it.” – Danielle Hendon
If you have any questions I missed, a specific question you’d like to ask Danielle or if you want to say thanks for coming on the show, feel free to add them in the comments area below.
iTunes Reviews and Shout-outs
I check for any new iTunes or Google reviews each week, and it's always a buzz to receive these… for several reasons.
Premium Members, click here to access this interview in the premium area
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