Are your business finances working for you, or are you constantly stressed about them? If you’re a female entrepreneur, chances are you’ve felt overwhelmed by your finances at some point. Today, we are joined by my client and friend, Megan Munsell, founder of Abundantia Advisory, a luxury financial consulting firm.
We are pulling back the curtain on a “dirty little secret”: many female business owners need help with their finances, but don’t always know where to start. We dive into how to choose the right financial professional for your business and why it’s crucial to feel comfortable asking the right questions. Megan also shares her personal journey from corporate America to full-time entrepreneurship, and offers practical advice for women looking to do the same.
Learn more about the Vixen Founders Collective: https://vixengathering.com/vixen-founders-collective/
Key Takeaways:
- What makes “luxury financial consulting” different and why you may need it
- How to assess if your financial advisor is truly serving your business needs
- The emotional hurdles of letting go of employees or professionals who aren’t a fit
- Megan’s best advice for transitioning from corporate to entrepreneurship
- Why tax planning for 2024 starts NOW
- Taking care of your finances is an act of self-care and self-love.
- Data-driven decision-making is critical for business growth and team management.
- Hiring the right financial expert can mean the difference between thriving and just surviving in your business.
- If you’re serious about reducing your tax liability, now is the time to plan for 2024!
Mic Drop Moments:
“Taking care of your finances is an act of self-care.” – Megan Munsell
“If you’re serious about minimizing your taxes for next year, you have to start planning before the year ends.” – Megan Munsell
“When choosing a financial expert, make sure it’s someone you’re comfortable with, who answers your questions without judgment.” – April Roberts
Who is Megan Munsell?
Megan Munsell is a Certified Public Accountant and Fractional CFO. Megan chose accounting as her career after watching her mother struggle with entrepreneurship during a time when women business owners weren’t taken seriously. She left her distinguished career in Corporate America to pursue her passion of helping women entrepreneurs make decisions based on data, rather than“vibes” or emotions. Her holistic approach to accounting services empowers women to not only have accurate data, but also understand how to use that data to make decisions.
Resources:
Abundantia Advisory on LinkedIn | Facebook
Megan Munsell on TikTok | Instagram
Book a free 20 minute call with me – if you’re thinking of leaving your corporate job to go full-time with your business!
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