The majority of US companies are small businesses, and women own 40% of them. Yet many of these entrepreneurs lack knowledge and awareness of how to manage their finances. Through empathy and accessible education, one leader helps women and other small business owners gain financial clarity.

For many small business entrepreneurs, finances constitute their income and life savings, which often hampers their decision-making. With many of these professionals lacking transparency and managing their companies based on money in the bank, it’s crucial to maintain emotional intelligence to guide them through their journeys. As a CPA and entrepreneur, Hannah Smolinski hires analysts and consultants who possess a keen sense of empathy. She also creates comprehensible content to educate small businesses on loans and forecasting.

In this episode of the Lead Like a Woman Show, Andrea Heuston invites Hannah Smolinski, the Founder and CEO of Clara CFO Group, to address financial management basics for small businesses. Hannah shares common financial management mistakes, her experience working for her family’s business, and how she educates businesses through transparency.