Welcome to Franchise Euphoria Podcast

To subscribe to the podcast, please use the links below:

iTunes: Franchise Euphoria Podcast

Tune in on Stitcher!

Emily Chase Smith – How to Take Control of Your Finances so You & Your Business Prosper

Emilychasesmith This week we discuss one of the things we all HATE to discuss. Money. Finances are the backbone of business but money is an issue that many avoid facing, especially if on shaky financial ground. Emily Chase Smith describes this as a fingers-crossed mentality. We cross our fingers and hope all will be well. Looking from the outside it is easy to see this is the worst thing you could do.

Listen in to hear about the process she goes through when she works with her clients to get them on better financial footing.

About Emily Chase Smith

Emily graduated law school at 21. Her family lived overseas for 5 years and when she came home she decided to focus her law practice on bankruptcy. She liked bankruptcy because you’re taking someone in a tough position and improving it dramatically – unlike most other areas of the law.

She started seeing patterns that her clients were going through. She realized that if she had just seen them a year before they may have been able to avoid the situation that they were in now. She wanted to help them before the real problems began – to be a lighthouse. Now she works with businesses that may be on shaky ground but with a little guidance can come out stronger and more financially stable.

Join us as Emily shares her tips on becoming a financially savvy entrepreneur.

Show highlights

Identifying long term goals
Assessing/understanding your financial standing
Money Personality
Exit Plans

Emily discusses the importance of identifying your long term goals so that you can identify the correct path to take and take it. The next step she takes with her clients is to go over all the financial records for the business with the owner, helping them understand where they are and how they might move forward. She also discusses the need for an exit plan.

Another key aspect she discusses is knowing your money personality. Not sure what that means? Listen in as she explains.

Episode Resources

Emilychasesmith.com

Untangling Your Money Spaghetti Course

The Entrepreneur’s Money Podcast on iTunes

Want to help us out?

If you enjoyed the show please share the podcast. Click here for a prepopulated tweet.

Feedback

Have any suggestions for future shows? Have questions or topic you would like us to do an episode on? If so, please leave a comment.

If you enjoyed the podcast would you please take a moment to leave a review and rating on iTunes or Stitcher. Every review means we can reach out to more people.

iTunes: Franchise Euphoria Podcast

Tune in on Stitcher!

How to Control Your Finances So You & Your Business Prosper - with Emily Chase Smith 38:11 Share

Franchise Euphoria

Shownotes Transcript

How to Control Your Finances So You & Your Business Prosper - with Emily Chase Smith