511: From Numbers to Strategy with Anne-Marie Kaden

07/24/24 • 59 min

How do you navigate the financial uncertainties of running a business? Anne-Marie Kaden, from Tiny Paws Bookkeeping highlights the importance of regularly monitoring financial health and utilizing key performance indicators (KPIs) to ensure your business adapts and thrives in changing markets. She emphasizes managing labor costs effectively, planning for cash flow variations, and leveraging historical data to make informed decisions. Through strategic financial management, business owners can better prepare for seasonal fluctuations and unexpected expenses, ensuring sustainability and growth. Anne-Marie's insights offer valuable strategies for maintaining financial stability and maximizing profitability in any economic environment.

Main topics:

Monitor Financial Health Regularly
Understand and Utilize KPIs
Manage Labor Costs Effectively
Plan for Cash Flow
Leverage Historical Data Insights

Main takeaway: When I talk about financial health, it's really in terms that are very specific to you, as a business owner, not necessarily the industry as a whole.

About Our Guest:

Anne-Marie Kaden has been involved in animal and pet care all of her professional career. She built and ran a successful pet sitting business in North Carolina from scratch to six-figures in just five years. She sold her first business in 2022. Anne-Marie knows and understands the pet care industry intimately and is now operating her second pet sitting business, Tiny Paws Pet Sitting in Colorado alongside her bookkeeping operation.

She holds a BS in Animal Science from Virginia Tech, which provided structure to what has become her life’s work. Anne-Marie has worked in both small- and large-animal veterinary hospitals, managed private equestrian barns, taught riding lessons, and worked on ranches as a wrangler and trail guide.

She and her family relocated to Monument, CO in July 2022 from North Carolina seeking bigger mountains and a more active lifestyle. Her husband, two kids and their canine partner, Percy, enjoy being outside, hiking, camping, and kayaking.

Links:

[email protected]

https://tinypawsbookkeeping.com

https://www.linkedin.com/company/tiny-paws-bookkeeping

https://www.instagram.com/tinypawsbookkeeping/

https://www.facebook.com/tinypawsbookkeeping

Give us a call! (636) 364-8260

Email us at: [email protected]

Full show notes and transcript

Sponsored by:

❤️ Our AMAZING Patreon Supporters

Time to Pet Visit: https://timetopet.com/confessional Code: 50% off first 3 months

Pet Perennials Visit: https://petperennials.com/pages/register-for-a-business-account Code: 'PSC' when registering for a $2 off coupon on any purchases in the 1st 90 days

Main topics:

Monitor Financial Health Regularly
Understand and Utilize KPIs
Manage Labor Costs Effectively
Plan for Cash Flow
Leverage Historical Data Insights

Main takeaway: When I talk about financial health, it's really in terms that are very specific to you, as a business owner, not necessarily the industry as a whole.

About Our Guest:

Links:

[email protected]

https://tinypawsbookkeeping.com

https://www.linkedin.com/company/tiny-paws-bookkeeping

https://www.instagram.com/tinypawsbookkeeping/

https://www.facebook.com/tinypawsbookkeeping

Give us a call! (636) 364-8260

Email us at: [email protected]

Full show notes and transcript

Sponsored by:

❤️ Our AMAZING Patreon Supporters

Time to Pet Visit: https://timetopet.com/confessional Code: 50% off first 3 months

Pet Perennials Visit: https://petperennials.com/pages/register-for-a-business-account Code: 'PSC' when registering for a $2 off coupon on any purchases in the 1st 90 days

Previous Episode

510: Leading and Managing: Balancing Roles in Your Pet Business

Are you balancing the roles of leader and manager in your pet business effectively? In this episode, we delve into the distinct yet overlapping responsibilities of leadership and management. Leaders set clear visions, inspire their teams, and embrace change, while managers ensure daily operations run smoothly by planning, organizing, and monitoring tasks. We discuss how solo pet care entrepreneurs must juggle both roles to succeed. Tune in to discover tips on empowering your team, developing emotional intelligence, and continuously improving your leadership skills.

Main topics:

Leadership vs. Management Differences
Setting Vision and Goals
Inspiring and Motivating Team
Organizing Resources and Tasks
Balancing Roles for Solopreneurs

Main takeaway: Continuous self-improvement and honing your leadership skills are essential for business growth.

Links:

Check out our Starter Packs for our hiring series

Give us a call! (636) 364-8260

Email us at: [email protected]

Full show notes and transcript

Sponsored by:

❤️ Our AMAZING Patreon Supporters

Pet Sitters Associates Visit: https://www.petsitllc.com Code: Confessional

Next Episode

512: The State of Job Sharing

Have you seen an increase in requests to job share? In this episode, we delve into the increasingly common practice of job sharing, where multiple caregivers collaborate on a pet's care. We discuss the reasons behind this trend, such as more pet sitters entering the market and clients seeking cost-effective solutions. We also highlight the challenges, including communication issues and varying standards of care, emphasizing the importance of clear documentation and agreements. Finally, we cover practical advice, stressing the need to know when to trust your gut and when to decline job sharing requests.

Main topics: