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From Dollar One

A resource hub for small businesses looking for tips and ideas to manage cashflow, avoid financial burnout, and hit your money milestones.

Chapter 1: Pay and Get Paid

Episode 1: Making Time to Manage your Money

You’re busy. You’re time strapped. You’re focused on crushing your side hustle and growing your business.

Whether you’re trying to make some extra cash or deeply passionate about your hobby and want to one day turn it into something more—growing a business can often feel overwhelming and hard to navigate. You need simple, clear solutions to take the hassle out of your hustle.

Episode 2: Those Gross Nets

When it comes to your business, there’s a lot to keep track of, and understanding your gross margin and net profit margin is a good starting point. In this episode, we unpack the differences between gross margin and net profit margin, and the different views both can offer into your profits.

Episode 3: All About Invoicing

Now that you know what you need to keep track of your money, it’s time to put it into action.

When it comes to getting paid, good invoice management is key. In this episode, you’ll learn the basics of invoicing, and best practices to keep you uber organized. You’ll also hear tips on how to establish payment expectations with clients and vendors, and how to further streamline the invoicing process

Episode 4: Money Goes In

After all the hard work you put into your business, seeing getting paid is an incredible feeling. But once you’ve taken some well-deserved time to celebrate your wins, there are a few things to keep in mind when it comes to the money coming in.

From total sales and revenue to your gross profit, in this episode, you’ll learn what you need to know about these figures. You’ll also hear more about the different methods of payment you’ll want to consider offering to your customers, and we’ll break down the cost of each.

Episode 5: Money Goes Out

Saying goodbye to your hard-earned money is never easy, of course. But as the saying goes, sometimes you have to spend money to make money.

In this episode, we’ll break down a few of the different fixed and variable costs and expenses you can expect to pay while running your business, and best of all – how to automate them. You’ll also hear how to take the pain out of tax season.

Episode 6: Pay and Get Paid … Fast

Out of all the financial aspects of your business that you need to keep track of, paying and getting paid shouldn’t be one of the more difficult ones.

In this episode, you’ll learn about tools and resources that can help make those processes faster, more seamless and more affordable. You’ll also learn actionable tips to keep these payments organized and easy to reference through rich remittance data, and how Interac e-transfer can scale with you as your business grows.

Chapter 2: Mind Over Money

Episode 1: Mind Over Money

Now that you’ve mastered the ins and outs of your business finances, it’s time to check in on the emotional side of money. Financial burnout is real, and finding the right balance between running a successful business and taking care of your mental health is a constant balancing act.

In this episode, you’ll hear from Aseel El-Baba, an expert financial therapist, on how to ground yourself before making financial decisions, and how to deal with financial challenges that may come up as you manage your business.

Episode 2: Reflect and Reframe

The average person has 6,200 thoughts per day. Whether it’s a business opportunity that didn’t work out, difficult feedback from a client, or a business error, we all have moments where those thoughts can become negative.

In this episode, hear from expert financial therapist Aseel El-Baba about how negative self-talk can impact our mental health. You’ll learn how to shift your mindset in a more positive direction, and separate the thoughts that can help you learn and grow from those that lead to chronic negative self-talk.

You’ll hear tips on how to reflect, acquire new experience, and how to use these lessons to make your business even stronger.

Episode 3: Get Grounded

As a busy business owner, you’re dealing with a lot of expectations and, at times, stressful situations.

In this episode, we hear from expert financial therapist Aseel El-Baba, who unpacks how breathing techniques can calm your nervous system and help to reduce stress and anxiety. You’ll learn about box breathing, a breath work exercise that is simple to accomplish, wherever you are. Aseel recommends trying this exercise before starting a new task to feel more confident and in-charge.

Episode 4: Play Back the Wins

You might be able to recall exciting milestones from your business, but have you ever taken the time to write them down? Whether it’s making your first dollar or winning an award, taking the time to celebrate your accomplishments can help to achieve future business goals.

In this episode, we hear from expert financial therapist Aseel El-Baba about the impact replaying your wins has on your future success and how it can help to overcome impostor syndrome, a phenomenon that impacts up to 82% of people. Aseel also shares easy ways to keep track of your wins, and the importance of playing them back from time to time.

Chapter 3: Protect What You’ve Built

Episode 1: Protect What You’ve Built

You’ve spent countless hours building your business – it’s only natural that you want to protect it, too. However, it’s easy to put off digital security while you’re busy growing your business.

In this episode, you’ll learn how to take charge of fraud prevention and digital security with confidence, using the stop, scrutinize, speak up approach.

Episode 2: Spot These Scams That Target Entrepreneurs

Scams are growing in sophistication. Unfortunately, recognizing them is a necessary skill for entrepreneurs.

Fortunately, you can do it if you stay alert, and stay informed about the ways that fraudsters might try to take advantage of you.

In this episode, you’ll learn some of the ways criminals prey on entrepreneurs — and definitions of some tips and tools to help prevent them.

Episode 3: Online Marketplaces: How to use them (safely)

Online marketplaces — where ordinary people (and sometimes businesses) can list goods and services to buy and sell — can be an effective way to connect with your growing customer base, especially for entrepreneurs who are just getting off the ground.

While most people contacting sellers on online marketplaces are just there to find good deals in their community, a few of them are out to defraud sellers — which creates an element of risk. Thankfully, you can take the steps in this episode to help prevent problems.

Give your business a digital security checkup

Just as you would schedule a checkup with a doctor, it’s a great idea to set yourself reminders to perform periodic digital security self-assessments (say, once a quarter).

It won’t take you much time (especially after you get the hang of it), and it could save you a lot of trouble if it prevents you from falling victim to even one fraud attempt. In this episode, you’ll hear about our step-by-step guide to performing a digital security self-checkup for entrepreneurs, in four key areas where you could be vulnerable.

Episode 6: Interac and your business’ security

The all-important task of getting paid is another area where security is a major consideration. But speed and convenience matter too — you want to get paid fast, right? By using Interac e-Transfer as a go-to for money transfers, you can move money faster and more securely (not to mention the additional benefits you can take advantage of that you don’t get with traditional methods like cheques and cash).

It’s a good idea to use Interac e-Transfer Request Money to help you get paid: Not only because it nudges your clients to send you money, but also because it encourages them to use a secure method to pay you. Speaking of secure, listen now to be introduced to Interac Verified, a service that makes it easier for Canadians to prove they are who they say they are in digital interaction.