Episode 713 • December 18, 2023 • 26 min
Learn To Manage Consulting Finances For Future Success Confidently Featuring Erica Goode
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Erica Goode has been a Certified Public Accountant for 15 years. She runs a virtual accounting firm that provides coaches and consultants with bookkeeping, accounting, and CFO services, and she also hosts the Coaches, Consultants, and Money podcast. She’s a former Director of Finance at a Fortune 50 company and began her career as an auditor at a Big Four public accounting firm. Erica is also a mother of two and the wife of a fellow CPA. She lives with her family in the mountains of Idaho.
In today's episode of Smashing the Plateau, Erica will discuss the unique financial challenges that come with running a consulting or coaching business and how to navigate them confidently for a successful financial future.
Erica and I discuss:
- The common fears and misunderstandings about small business finance [00:00:00]
- Leaving a corporate career for entrepreneurship [00:03:30]
- Starting a business from scratch [00:04:10]
- The journey to specializing in coaching and consulting [00:06:35]
- The benefits of having a niche [00:12:59]
- Financial challenges and cash flow management in consulting [00:16:35]
- Retirement savings and benefits for entrepreneurs [00:19:55]
- The importance of community for entrepreneurs [00:22:15]
- Continuous learning in finance [00:24:35]
Learn more about Erica at https://www.ericagoode.com, https://www.ericagoode.com/newsletter-signup, and listen to her insights on the Coaches, Consultants, and Money podcast.
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