Filed in Blog, Grow Your Business, Talk with Renee Dalo Podcast — May 18, 2023

Ep 184 Talk About Good and Bad Debt with Danielle Hendon

Share Post

Danielle Hendon’s Secrets to Intentional Business Debt Management

Join financial advisor Danielle Hendon as she breaks down the difference between good and bad debt, offering actionable tips and strategies to pay off debt and increase cash flow in an episode that challenges both a fear of debt and a reckless attitude towards spending.

Danielle highlights the importance of having a well-structured plan for repaying debts and using intentionality to avoid undue financial strain. She explains where term loans (which have set payment schedules and interest rates) can be beneficial for small businesses, while credit card debt should be tackled promptly to avoid accumulation and high-interest charges. Being proactive and strategic about debt repayment can help small business owners maintain financial stability and support their businesses growth.

With a conversational and friendly approach, Danielle makes even the most intimidating financial topics accessible and easy to understand. Her main goal is to guide business owners toward making smart financial decisions that will propel their businesses forward.

Go grab your coffee or your tea, and let’s talk it out. 

Key Takeaways 

  • Grasp the significance of intention and strategy when dealing with debt.
  • Construct a financial safety net to overcome seasonal fluctuations.
  • Master cash flow management using monthly payment plans and lines of credit.
  • Bypass idle loans and place emphasis on financial stability.
  • Establish a healthy work-life balance by prioritizing self-care and distinguishing personal and business finances.

More About Danielle Hendon

Danielle Hendon is the founder and owner of 4 Corners CFO, a firm offering financial advisory services to small business owners on a scale that fits your company and budget. Coupling her decade of experience in corporate finance and accounting with her passion for small business owners, Danielle brings the benefit of “big business” financial analysis to entrepreneurs. Now, instead of helping corporations increase their share price, Danielle gets to help business owners increase their personal livelihoods so they can leave a legacy and lasting impact on their community.

Connect with Danielle Hendon




Want to read instead of listen? Download the transcript here.

Thanks for Listening

Talk back to Renee. She loves it!

Leave Renee a Review! If you loved this episode, would you consider rating and reviewing Talk with Renee Dalo on Apple Podcasts? Your feedback allows us to help more wedding planners and industry pros (just like you) reach their full potential. Click above, scroll to the bottom, tap to rate, click “Write a Review,” and tell us your favorite part of the episode or how it has helped you. Thank you, truly. Your reviews help more than you know!


Title Track Voiceover: Melissa Disney

Editor: M. Lynn

read & Leave a comment

Use Your Words!


How to Start Your Journaling Practice

Download the Guide

Free Guide —

Want to see profound changes in your business & life? Start journaling.

A regular journaling practice will be a magic bullet for your life & business, and it's so simple! You likely found your way here after listening to Ep 127 of my show, Talk with Renée Dalo. Welcome!  Click the link below and enter your email to receive your guide, "Talk About Your Journaling Practice" direct to your inbox. 

Send me the GUide

Talk with Renée Dalo

Talk with Renée Dalo

Biz Chat for Wedding Pros & Creative Business Owners.

Just imagine if we could crawl through your phone and fireside chat about all of the topics to soothe your burning hunger to know all the things related to owning your own business and rocking that fine line of balance... Well pull up a seat and let's slay that 9-5 dragon.

Talk about Acing your Proposals with Terrica

Talk about Maximizing Productivity with Abbi Miller

Talk About Connecting on Instagram with Andréa Jones