Episode 29: What You Need to Know About Your Business Finances with Nicole Chapman

Finances. Accounting. Taxes. Do these words give you a pit in your stomach or a feeling in your chest that you just can’t describe? If the answer is, “Yes, Amy. I like making money, but dealing with it terrifies me,” you’re in the right place. 

In this episode, I am chatting with Nicole Chapman of Fusion Profits, a serial entrepreneur turned profit strategist who has made it her mission to make sure business owners can actually pay themselves and turn a profit. Would you believe that many business owners don’t even actually pay themselves any money!? It doesn’t have to be this way.

Nicole and I are talking about all things money, from the dreaded taxes to tips for actually staying involved in your business finances versus turning a blind eye to all of it. Keeping track of everything can certainly be confusing and frustrating, but Nicole is offering her tips to make things just a little bit easier. 

Whether you’re a new service-based business owner or you’ve been doing this forever but still can’t stand the money part of the business, this episode is for you. Tune in for a straight-forward discussion about how to make this part of your business less stressful so you can focus on growing and moving your business forward!

In this episode:

[05:02] Nicole introduces herself.

[07:34] The #1 thing a business owner should know about her finances

[10:45] Nicole’s top recommendation for a business owner

[14:54] We talk about taxes.

[19:04] What does Nicole see in businesses that bothers her?

[20:52] Tips for business owners to stay involved in their finances.

[24:03] Nicole recommends setting up auto-draw for payments.

[26:47] Where do service-based businesses spend the most money in expenses?

[33:24] Nicole’s piece of advice for business owners to take control of their finances


Links & Resources: 


Profit First

The 5-Second Rule


Connect with Nicole:

Fusion Profits


Email: [email protected]


Connect with Amy: 

Amy’s Website

Amy on Instagram

Amy on Facebook

Book a Voxer Coaching Day with Amy!


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I help service-based business owners looking to move away from overwhelm in your online business and toward the fun and freedom that clear strategy and scaling provide.


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