Starting a business is exciting and even more when it is profitable! Are you looking to finally start your own business and want to learn how to manage your finances effectively? Do you already have a business and are wondering how to streamline your systems to manage your finances smarter?  In this episode, Sylvia Inks is breaking down how to manage your finances smarter as a business owner. Sylvia Inks is a business and financial coach who helps coaches, consultants, and creative experts master the money coming into and out of their small businesses.  We are covering how to know when it is financially safe to leave your corporate job and focus solely on your new business, the top mistakes that Sylvia has seen many business owners make, the system breakdown on how to manage your business’s money, the importance of multiple income streams and when is the right time to add a new stream of income, and a quick explanation on how passive income truly works. What you'll learn about in today's episode:

• The top 4 mistakes many small business owners make
• The breakdown of the system to manage your business money 
• The importance of multiple income streams and when to consider adding another
• How passive income truly works

For a quick recap of this episode go to http://www.jenhemphill.com/235 Want to get social? Let’s connect more on Instagram @herdineromatters Don’t miss perusing the Her Dinero Matters LOUNGE (my collection of free and paid resources). Create your free account today: https://jenhemphill.com/thelounge The post How to Manage Your Finances Smarter as a Business Owner | HDM 235 appeared first on the Her Dinero Matters Podcast.