In this episode, Kayla and Jasmine welcome personal finance expert Sarah Megginson to discuss the importance of women in finance, personal finance journeys, and practical financial advice for individuals and business owners.
They explore the challenges women face in financial literacy, share personal stories, and provide insights on credit card strategies and evaluating payment platforms for businesses. The conversation emphasizes the need for financial independence and the importance of understanding one's finances.
In this conversation, Kayla and Jasmine discuss the importance of forecasting in business, especially when making decisions that impact the future. They delve into the complexities of rewarding staff during the holiday season, particularly regarding tax deductibility and fringe benefits. The discussion emphasizes the need for effective financial management, including maintaining multiple accounts and being aware of potential money leaks in business operations.
They also share practical money-saving tips for business owners, highlighting the importance of being proactive and informed about financial decisions.
Kayla and Jasmine discuss various financial strategies for business owners, emphasising the importance of asking questions, conducting regular audits, and streamlining operations. They share personal anecdotes about negotiating fees and managing expenses, as well as humorous takes on questionable tax deductions. The discussion highlights the need for proactive financial management and the benefits of regular check-ins to maintain financial health.
KAYLA: https://www.instagram.com/socialsforsalons
JASMINE: https://www.instagram.com/bellabronzetans/
SALON FIRST: https://www.salonfirst.com.au/