Hello, sunshines! In this episode, we dive into the importance of financial management for creative entrepreneurs, particularly photographers. Danielle shares essential advice on how to manage finances, set up separate business and personal accounts, and the significance of reframing the narrative around money management. We discuss practical tools like financial statements, bookkeeping software, and the role of a professional money team. Danielle also covers how to calculate accurate income and expense figures, determine fair salaries, and plan for seasonal fluctuations in business. This conversation aims to empower creatives to handle their finances effectively, ensuring sustainable business growth.

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☀️Time stamps☀️

00:00 Introduction

00:40 Financial Considerations for Photographers

02:54 Separating Business and Personal Finances

04:11 Tools and Tips for Financial Management

07:14 Paying Yourself: Calculations and Strategies

13:34 Managing Cash Flow and Seasonal Fluctuations

18:43 Final Advice and Encouragement

20:56 Conclusion and Resources

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