] How did Danielle go from being a flight attendant to running multiple businesses doing over $50 million in revenue?

] What was Danielle’s first business?

] How should you manage your finances in a business?

] What is Profit First and how integral is a cash management system for entrepreneurs who are scaling their business?

] How can Profit First set your business up for success?

] How does paying yourself correlate to the valuation of your business?

] Why are full-service businesses so important?

] Danielle gives some tips around recruiting and retaining employees.

] You must have a pulse on the finances of your business. If you just hire a bookkeeper and expect that they’ve got it all handled, there is the huge potential to miss something. If you are going to own a business, you need to learn to love your numbers and own the financials of your business. Also, always have a separate CPA that reviews the books to ensure nothing is going missing.

] There are only two ways to increase profitability in your business. The first is to increase margin, meaning increasing prices, and the second is to decrease expenses.

] Your business should have 5 financial accounts – an income account, a profit account, an owner’s pay account, a tax account, and an operating expense account. The book, Profit First by Mike Michalowicz can help you to understand what goes in each account and how to allocate money.