About Stacey Price
Stacey Price is a Financial Coach, Chartered Accountant, Registered BAS Agent and a self-confessed numbers geek. The perfect person to have on your team when it comes to money matters. A love for numbers and a passion for travel has seen Stacey work in both Melbourne and also a 4 year stint in London – where weekends were spent jetting off to sample different countries. Balancing the family life is just as important to Stacey as it is to balance the books – and Stacey is determined to ensure every business owner takes time for themselves. Outside of the business, numbers and family – Stacey likes to relax by swimming, cooking and reading crime novels.
Email: [email protected]
Ph: +61 410 405 052
About Healthy Business Finances
Supporting women to gain financial clarity is the reason Stacey started Healthy Business Finances. It’s all about coaching business owners to build a healthy relationship with their financial systems and obligations. Through financial training and education, Stacey makes the process easier and even (dare we say) enjoyable! Creating an environment of trust means that clients feel safe asking all sorts of question, no matter how simple. Most importantly, Stacey trains and empowers you as a business owner to understand your financial reports to make informed business decisions. Wouldn’t you love to know that you are in control of your business finances; that you have the right knowledge to get the most out of your business and that you have the right systems in place to maximise your chance of making money and creating financial freedom? Helping clients to meet their financial goals is part and parcel of what Stacey teaches. .
Q & A with Stacey Price
What’s the story behind your business?
I was made redundant after my second child and saw that period of time as the opportunity to launch my business. I think that was the push I needed to really take the leap. My business – whilst it was in planning while I was on maternity leave – literally started overnight. There was now an urgency and I jumped on it.
What was your first job?
My first job was a holiday job during year 12 – cleaning offices in my hometome of Mildura. I think that is why to this day I hate cleaning. I have already done my fair share!
When you decided to start your own business, what was your big “why”?
I had spoken to so many of my friends who also had young children and were looking to get out of the city, leave the rat race and work for themselves but they kept saying they didn’t know the first thing about starting a business. They had no idea about how to deal with the ATO or what they even needed to register for. So they put off starting their dream. I just wanted to help them out – to help them get started, help them achieve that dream of working around their family.
What have you had to give up?
Sleep. But with two young kids I wasn’t getting much of that anyway. During the first twelve months, I was still adamant that I would not work Friday’s as that was family time with my children, so I worked at night to get things done. That was my choice and I was totally prepared for that. Thankfully now I have an employee and, working every night is a thing of the past.
Your proudest achievement to date?
Hiring my first employee. My business grew quickly and I was starting to burn out. However, as a control freak, hiring someone was very daunting. However, seven months on and I couldn’t be happier. My employee has transformed my business and my personal life. I am a better mother, wife, friend and business owner because of that one “huge” decision.
What are some of the most exciting projects you’ve worked on?
I have one client who turns over approx $800k in sales every month with close to 90 staff. I never imagined working with such a large “small business” so early on in running my own business. I also get a lot of excitement seeing clients reach their financial goals for the business that we set together – ones they think are out of their reach. That to me is icing on the cake.
What would you tell your younger self not to do?
Don’t assume that working for someone else your whole life is the only option. Look at all options with an open mind and choose what you want to do, not what someone else thinks you want to do.
What is the best advice you’ve ever received?
Sometimes you have to try to work out that it is not the right option for you. I think as business owners we get very caught up in things that don’t work out the way we planned. But learning that is OK and learning why it didn’t work is such a valuable lesson.
What’s next for you and your business?
2015 is going to be huge. I am launching my first online product, NA$$ – Non Accounting System System. A series of excel worksheets designed for startups to help keep track of income, expenses, create a budget and run a profit and loss. Aimed to help them get on top of their financials before they choose to implement a formal accounting system. I also have my first official speaking gig in 2015. This is where my heart lies – training and educating business owners and entrepreneurs.