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From Panic to Profit: Demystifying Money with Carleen Dehaney

From Panic to Profit: Demystifying Money with Carleen Dehaney

FromConfessions with Jess and Cindy


From Panic to Profit: Demystifying Money with Carleen Dehaney

FromConfessions with Jess and Cindy

ratings:
Length:
42 minutes
Released:
May 9, 2024
Format:
Podcast episode

Description

How can nonprofit consultants better manage their finances, cashflow, and profitability?It's a common pain point that keeps many consultants up at night. You're not alone!Tune into this conversation on Confessions with Jess and Cindy with Carleen Dehaney, Founder and Principal of FXO Consulting. With over a decade of experience guiding consultancies and nonprofits, she shares her proven framework for getting your numbers in order.Learn how to calculate your gross and net profits to know where you stand each month. Discover easy-to-use budget forecasting models to plan for the future and make informed decisions about growth. Plus, strategies to improve cash flow management when working with nonprofits who (sadly) often pay late.Carleen also tackles the mindsets and behaviours that hold many back from getting financially savvy. As she reminds us, "If you don't take care of the business, it won't survive and then you can't help anybody."Key Takeaways:- Learn how to calculate your gross and net profits - Discover easy budget forecasting models- Strategies to improve cashflow management - Mindset shifts to become more financially savvy- Actionable ways to start saving 3-6+ months of operating costsThink beyond just delivering services day-to-day. Get the insider advice you need to run a sustainable business with impact.
Released:
May 9, 2024
Format:
Podcast episode

Titles in the series (99)

Ever wish you could pull back the curtain and see how other nonprofit consultants run their businesses? Well, we’ve got you covered! Welcome to the Confessions podcast, hosted by Jess Campbell and Cindy Wagman. We are two former in-house nonprofit pros turned coaches and consultants to purpose driven organizations. In this podcast, we are giving you access to the business leaders who serve nonprofits as their clients - you know - the people who truly get it. No more gatekeeping, no more secrets - this podcast is going to give you an inside look at what running a successful nonprofit coaching and consulting business looks like. Basically, we’re asking people how much money they make, how they get paid and what has and hasn’t worked in their businesses.After building our own successful 6-figure nonprofit coaching and consulting businesses, we are on a mission to help other nonprofit coaches and consultants looking to start or scale their own businesses by pulling back the curtain. Whether you are still working inside a nonprofit and thinking of one day going out on your own or have been running your consulting business for years - you understand that working with nonprofits is just different. Listen in as sector leaders and other experts share their insights, their numbers, and the good, the bad and the ugly when it comes to building a nonprofit coaching or consulting business.  Hosted on Acast. See acast.com/privacy for more information.