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From Panic to Profit: Demystifying Money with Carleen Dehaney
Manage episode 417245429 series 3564743
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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 costs
Think beyond just delivering services day-to-day. Get the insider advice you need to run a sustainable business with impact.
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