Description

In this conversation, Sonja Jones and Angelita Parham of SteeleDivine Cosmetics discuss the importance of knowing your numbers and understanding profit margins in business. They talk about the process of preparing for a pitch competition and the questions investors ask about financials. They emphasize the need for entrepreneurs to be strategic and pivot when necessary. Angelita shares her experience with scaling her business and the importance of staying focused on the end goal. They also discuss the affordability of accounting services and the value of investing in subject matter expertise.

Takeaways

• Knowing your numbers and understanding profit margins is crucial for business success.
• Preparing for pitch competitions and understanding investor questions about financials is important for securing funding.
• Being strategic and willing to pivot when necessary can help businesses grow and succeed.
• Investing in subject matter expertise, such as accounting services, is essential for managing finances effectively.

Don't miss out on expert advice for managing your business finances successfully!

#grants #finance #buildingyourbrand #business #businesssuccess #podcastthursday 

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