The Prosper Collective

Everything you need to know about investing in your business - Eps. 12

How do you know when to invest in something?   Investment is crucial for entrepreneurs because that is how we uplevel our businesses.    To achieve your long-term financial goals, it becomes necessary to place your money in areas where it can potentially earn more.   However, the outcomes of an investment are uncertain. So how does an entrepreneur ensure they are in the right space to invest?   I share how you can decide when and where to invest your money:  * How to ensure your finances are ready in preparation for an investment * The order of investment * How to make your investment money back   Don’t let this episode pass you by as you prepare for your next investment. Hit play and get right into it.  Grab full show notes here [https://prospercollective.com/how-you-know-when-to-invest-in-something-episode-12/] Connect with Holly Cain * Instagram [https://www.instagram.com/prosper.collective/] * Facebook [https://www.facebook.com/prospercollective]

12 Ways To Reduce Expenses In Your Business - Eps.11

Maximizing your company's cash flow and earnings requires maintaining strict control over both fixed and variable costs.   Entrepreneurs can use a number of strategies to control spending and plan for unforeseen expenses that may arise throughout the year. In this episode, I share 12 of these strategies.   Are you eager to find them out? Hit play on this episode.  Grab full show notes here [https://prospercollective.com/12-ways-to-reduce-expenses-in-your-business-episode-11/]   Connect with Holly Cain   * Instagram [https://www.instagram.com/prosper.collective/] * Facebook [https://www.facebook.com/prospercollective]

Pay your taxes with confidence with Erica Goode- Eps.10

In this episode, I am joined by Erica Goode,CPA and we talk all things tax.   Erica is a seasoned financial expert and Certified Public Accountant (CPA) who possesses a wealth of knowledge from her career in public accounting at KPMG LLP in Chicago and in corporate finance at Walgreens headquarters where she led the financial planning process for a $2B division.   Her passion is helping entrepreneurs and CEOs grow the profitability of their companies, while planning for their family’s personal financial future and with such a background and passion, Erica shared important aspects about tax with us.   These are: * What taxes entrepreneurs should be aware of * How to save for your taxes * Why you need to keep all your receipts * What deductions to take advantage of  * How to make sure you are up to date with the deductions available to you.   We break down taxes in this episode in the simplest format, press play to listen.   Grab full show notes here [https://prospercollective.com/pay-your-taxes-with-confidence-with-erica-goode-episode-10/]   Connect with Holly Cain   * Instagram [https://www.instagram.com/prosper.collective/] * Facebook [https://www.facebook.com/prospercollective]   Connect with Erica Goode   * Website [https://www.ericagoode.com/] * Instagram [https://www.instagram.com/erica.goode.cpa/] * Freebie: 6 Don't Miss Tax Deductions for Coaches [https://www.ericagoode.com/guide] * LinkedIn [https://www.linkedin.com/in/erica-goode-cpa-00205616] Listen, rate, and subscribe!

You're doing it wrong– how to guarantee profit in your business with Jenni Davis– Eps. 9

In this episode, I speak about the Profit First Method with Jenni Davis.   She  is a Certified Profit First Professional, CFO and owner of JMD Business Solutions. With over 25 years of experience, Jenni has learned how to step into service based business as the "Chaos Tamer", the "Money Manager" and their #2 in the day to day financial operations.    Jenni is passionate about eradicating financial stress for business owners and equipping them to plan for profit like they’ve never seen before.    As a Profit First coach, consultant and educator in the online business community, Jenni is the right guest for this episode and we highlight:   * What exactly profit is and what it is not * Why many entrepreneurs struggle with the concept of profit * How a normal business can take its profit * What Profit First is and how it works * Why it is necessary for you to have several bank accounts   If you are looking to transform your business, this is the episode for you. Press play to listen in. Grab full shownotes here [https://prospercollective.com/youre-doing-it-wrong-how-to-guarantee-profit-in-your-business-episode-9/] Connect with Holly Cain   * Instagram [https://www.instagram.com/prosper.collective/] * Facebook [https://www.facebook.com/prospercollective]   Connect with Jenni Davis   * Website [http://jmdbusinesssolutions.com/] * Profit Simplified [https://4holly--jmdbusinesssolutions.thrivecart.com/profit-first-simplified/] * Instagram [https://www.instagram.com/jmdbusiness/] * LinkedIn [https://www.linkedin.com/in/jmd-business-solutions/] * Facebook [https://www.facebook.com/JMDBusinessSolutions]   Listen, rate, and subscribe!

The Truth About Why Your Budget Is Not Working - Eps. 8

You may wonder, “why do I always budget and fail to follow through?”  This is frustrating and can have your finances in the red yet you have money coming into your business.   Some reasons why this is failing is because you are not analyzing your spending in the past and getting clear on your cash flow in the present.   Once you are clear on this and stick to it, you can be able to see results.   I break down just how to make your budget work for you in this episode and why you should account for your finances and get a clear understanding of your cash flow.   Press play to listen in.    Grab full shownotes here   Connect with Holly Cain   * Instagram [https://www.instagram.com/prosper.collective/] * Facebook [https://www.facebook.com/prospercollective] Listen, rate, and subscribe!