Money Mindset, Accounting & Cash Flow with Michelle Cooper

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This week on the podcast, I am joined by Michelle Cooper! Michelle is the CEO of Alchemy Accounting & Bookkeeping, and an expert in accounting, profit, and cash flow.

In this episode of the podcast, we are talking about the importance of getting clear on your revenue and expenses, why it’s important to separate your business and personal income and expenses and how to get started doing this, as well as Michelle’s top tips for having a good relationship with your finances.

Enjoy!

Discussed in this episode:

  • Who is Michelle and what is her career background?
  • Understanding our relationship with money
  • Why so many of us have shame around engaging with the money side of our businesses
  • Why untangling your personal and business finances is so important
  • How cash flow can sometimes hide that our businesses aren’t profitable
  • There is nothing shameful about making a financial mistake and learning from it
  • What’s more important than revenue is the amount of money that you keep in your pocket
  • How do we get out of a cycle of shame about a business or money mistake?
  • What do you do once you realize that your business isn’t profitable?
  • Giving ourselves more grace and empathy as entrepreneurs
  • And much more… Here is the episode!

Connect and learn more at:

Michelle & I continue this conversation on M.B.Om: Behind the Scenes over on Patreon. For less than the cost of 2 lattes per month, you will get access to this exclusive episode with Michelle, as well as over 20 never-before-heard episodes that you can’t access anywhere else that will give you tangible ways to dive deeper into your yoga business. To learn more and join, please visit: https://www.patreon.com/mbomyoga


This episode is brought to you by OfferingTree! I love telling yoga teachers about OfferingTree because it truly is a one-stop-shop for your yoga business. On top of being an easy-to-use website and scheduling platform, OfferingTree lets you sell courses, run classes, manage memberships and so much more with just one account! That’s right, just one log-in for all those parts of your business. One of the best parts about OfferingTree is their online store. You can sell digital content like yoga videos, challenges, and courses right from your website. If you’re teaching yoga classes and looking to level up, selling digital content is the next step to growing your business.

OfferingTree’s course tools are easy-to-use and they’re really affordable. And if you have a website you already like, you can still use OfferingTree! But there’s one other thing I want to tell you about OfferingTree that makes all the difference in the world to me and probably you too. They are a company that truly cares about yoga teachers and the wellness industry overall. I chose to partner with OfferingTree because I love the product and I love the people. They are consistently working with and listening to their clients, and when a client has a suggestion, OfferingTree works on how they can best implement it to their platform. Having a great product and a great company that cares is truly a win-win!

So if you’re looking to save time, energy, and money in your yoga business, OfferingTree is hands-down the software for you. Go to offeringtree.com/mbom to learn more and get your discount.

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About the Podcast

Weekly interviews for yoga teachers packed with information to help you create, grow or expand your yoga business! Whether you are brand new to business or looking to take your business to the next level, there’s something for you.

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