“The first thing is that you’ve got to treat it like a business from the get go. You can’t be coming in and using your personal bank accounts and not setting up a business and not keeping records.”
If you’re just starting out as a speaker, it’s really important to get the basics right. One of those fundamentals is the financial structure of your business — and remember, you’re starting a speaking business, not a speaking hobby. This week on Talk Speaker To Me, TSL CFO Andrew Davis is here to share some practical advice on financial preparation for starting your new business.
In under 4 minutes, Andrew covers:
- Key financial steps to take when starting your business
- How to set up a bookkeeping system
- Why data is valuable for new business owners
- And more!
“Over time, you’re going to start to get the benefit of data… where you can start to set goals for the following years and really tie everything together in your business so that this isn’t a hobby, because you’re out to make this a business.”
Ready to roll? Let’s talk financial preparation for your speaking business!