138. Preparing for fiscal year end with Etel Igreda

This episode brings back another past guest who is full of knowledge, Etel Igreda! In our first chat, we talked about setting up your design business for financial success. Listen to episode 54 to listen to our first interview. In this episode, Etel and I chatted about how to prepare your business for the end of a fiscal year so that you can get into that headspace to prepare yourself to close out one year and start off a new one feeling confident.   About Etel Etelvina Igreda, aka Etel, is the Founder and Director of Blossom CPA. She is a Chartered Professional Accountant and has been servicing clients with a team of bookkeepers and accountants in Toronto and the GTA for over 10 years. After working in corporate environments for some time, she started her own firm to grow professional happiness and create positive change for her clients. She loves to support businesses in the design and construction industry.   During our conversation, we talked about the difference between a calendar and fiscal year, sole proprietor versus incorporating, and the numbers you need to look at specifically to prepare for the end of the year. I shared my experience from over the years on this topic - good and bad, and we even had a little fun as Etel quizzed me on some terminology and how the financials work. Spoiler alert: I did not get all of the answers right  - this just indicates how much more there is to learn! But I’ll get there! This episode is for you if you’re looking to get a handle on your finances and start off your new year more knowledgeable and with a strong game plan.   You can connect with Etel on Instagram @blossomcpa, on her website, and via email at [email protected].   If you’re interested in listening to more about taxes and other financial topics, send me a DM or join our Facebook group and let’s have this conversation inside our community.