In this week's episode of The Venue Rx Podcast, our host Jonathan Aymin welcomes Danielle Hendon from 4 Corners CFO to discuss the importance of financial literacy for wedding venue owners and creative professionals. Danielle shares her journey from public accounting to becoming a fractional CFO, driven by her passion for helping business owners manage their finances effectively. She also discusses how to understand gross profit and net profit, the roles of bookkeepers and accountants, and the benefits of hiring offshore bookkeeping services. Danielle emphasizes the necessity of regular financial updates and reconciliations, and offers insights into cash versus accrual accounting methods.

About Our Guest: 

Danielle Hendon is the founder and owner of 4 Corners CFO, a firm dedicated to providing financial advisory services tailored to small business owners' needs and budgets. With a decade of experience in corporate finance and accounting, Danielle leverages her expertise to deliver "big business" financial analysis to entrepreneurs. Her goal is to help business owners enhance their livelihoods and create a lasting impact on their communities, moving beyond increasing corporate share prices to fostering sustainable growth for small businesses.

Find Her Here: 

Website: https://4cornerscfo.com/

LinkedIn: https://www.linkedin.com/in/danielle-hendon/

Instagram: https://www.instagram.com/4cornerscfo/