How to Get Your Accounting Ducks in a Row as an Entrepreneur with Sheneya Wilson

In today’s episode, I’m talking with Certified Financial Public Accountant and founder of Fola Financial, Sheneya Wilson. Sheneya empowers entrepreneurs to stop avoiding the accounting side of your business by implementing simple systems that help you make informed decisions and scale. We're talking about why you need to know your numbers even with a side hustle, why you need to perfect your craft before scaling your business, and what you need to know about the business tax code. (06:46) How the new tax code is built to benefit businesses like yours (13:15) Why you can't wait to figure out all this “accounting stuff” (16:02) Why that shoebox-full-of-receipts accounting method needs to go (19:44) How to spot the signs that it’s time to invest in your business (31:05) Discover what business forecasting is and how it can help you with goal-setting in your biz (54:20) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/sheneya Free Passion Project Workbook: https://smartmoneymamas.com/passion-project-workbook 

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Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.