98\\ Prioritizing Profit: Tips for Interior Designers to Grow Your Business With Danielle Hendon

During the first six years of my business, I was hoping every month that we'd have all our expenses covered. Running a business this way is not ideal. Understanding your financial statements and managing cash flow can help avoid surprises and reduce stress in your interior design business. That's why, in this episode, I've invited Danielle, a Fractional CFO and founder of 4 Corners CFO, to discuss how to make sense of your finances and ensure your design business thrives. She shares tips on avoiding common pitfalls and the benefits of having a financial team, including a Fractional CFO. Danielle also shares about her career transition and she totally gets the fears and uncertainties that often come with taking that next financial step. Whether you're just starting in the design industry or transitioning in your career, this episode is full of advice to help you take control of your finances and focus on what you love—designing beautiful spaces. If you're ready to take charge of your finances and grow your business, you won't want to miss this episode and learn from Danielle's expertise. Featured Guest: Danielle Hendon is the founder and owner of ⁠4 Corners CFO⁠, a firm offering financial advisory services to small business owners on a scale that fits their company and budget. Coupling her decade of experience in corporate finance and accounting with her passion for small business owners, Daniel brings the benefit of big business financial analysis to entrepreneurs. Now, instead of helping corporations increase share prices, Daniel gets to help business owners increase their livelihoods so they can leave a legacy and lasting impact on their community. Why you’ve got to check out today’s episode: Learn practical tips on managing your business finances, including cash flow, expenses, and invoicing. Understand common financial mistakes designers make and how to avoid them, helping you make smarter business decisions. Discover the benefits of having a financial team and how a Fractional CFO can guide you in long-term planning and growth, ensuring your business thrives. Check out the show notes >>> Prioritizing Profit: Tips for Interior Designers to Grow Your Business With Danielle Hendon Links Mentioned: Visit 4cornersCFO.com/designcurious and grab your free workbook: “Guide to Review Your Expenses” NEXT STEPS: Curious about your design style? Take the Quiz: Find Your Perfect Interior Design Style Interior Designer!! Take the QUIZ and Find Out What Type of Interior Designer You Should Be! Grab your freebies: Your Roadmap to a Career in Interior Design 3 Things I Wish I had known when I Started my Career Join the Design Mentor to kickstart a successful career in interior design! Check out the best books every interior designer should have here. Enroll in Business of Design with Kimberly Seldon or DesignYou with Tobi Fairley today to scale your interior design business! Email me at podcast@rwarddesign.com if you have suggested topics DM me on Instagram at @rwarddesign if you have a burning question Leave me a rating and review! Click here.  Visit my website at rwarddesign.com to learn more about my services Thanks for listening! I hope this helps you discover if interior design is the career for you. See you next week...