The Importance of Thorough Accounting with Entrepreneur Heather Kelly

Heather Kelly, founder of Heather’s Choice, has had a wild ride as an entrepreneur. The unexpected hockey stick growth of her dehydrated food company came with both blessings and challenges. As her company grew, Heather began struggling to keep up with her accounting books. Only then did she come to realize the massive effect that thorough accounting has on both long and short term business goals.

Accounting has been key in managing the growth of a manufacturing business like Heather’s Choice, and the work has paid off! Heather’s Choice can now be found in stories like REI and Sportsman’s Warehouse.

In this episode, we’ll cover:

  • The traps in Accounting issues and how to tackle them

  • How detailed accounting can help you scale your business

  • The value of accounting done right, trademarking, and investments

  • Creating a job vs building a business

  • Working with your romantic partner as a business partner

What were your key takeaways? Take a screenshot of this episode, add it to your Instagram Stories, tag @andreasagerlaw and @heathertheresakelly let me know! Plus, follow our brand new IG, @legalpreneur!

This episode is sponsored by The Contract Vault: 

With 90 contracts and counting, The Contract Vault is your all-access pass to industry-specific template contracts. Our contract templates are constantly being updated to reflect new changes in the law, ensuring that you and your business are fully protected.

Plus, members of The Contract Vault have access to our Members-Only Facebook Group, where each month I teach deep dives on important topics that you need to know to protect your business. Think of it as your Business Legal School.

Check out The Contract Vault here!

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Transcript

Disclaimer: 

The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2020

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