We had the opportunity to interview Bridget Chun of Chunogly Productions. Bridget wears several hats, including managing her own business, being a podcaster for Romance at a Glance, and mother of two children, to name a few. Read about her journey as a small business owner and how FINSYNC has helped her simplify cash flow management.
Tell Me About Your Company and What Inspired You to Start
I have been working as a freelancer in the entertainment and digital space for over 6 years. In the past, I was mostly working 1099 jobs due to being in the creative industry. I still wanted to have the flexibility and not take on the traditional W2 job. I started my company, Chunogly Productions, in 2016. My company consists of writing and consulting in the digital podcasting space.
What Are Some of the Challenges You’ve Faced as a Small Business Owner?
One of the largest challenges that I’ve faced is learning how to properly manage cash flow. Part of the reason why I chose FINSYNC for my small business is because of how easy it is to track profitability, invoices, and projects, and maintain all the financial aspects. As a result, I have been able to continue focusing on writing, consulting, and working closely with my clients.
Navigating through the pandemic has also been challenging. A lot of my clients paused their projects from March until October. This was a huge problem not only for me but for every small business owner.
What’s the Best Thing About Being a Small Business Owner?
Flexibility! I am a mother of two children. I have a three and a half-year-old and a one and a half-year-old. Having my own business has allowed me to spend significantly more time with my children than I would have if I were working full-time. I was fortunate enough to have been able to take off six months after having my baby. I was able to keep paying myself because I had a reserve of money. My clients have been extremely understanding during those times.
What Prompted You to Start Using FINSYNC?
My company was starting to earn more revenue from different places. I found myself needing to move from using spreadsheets to an actual system, and I was looking around at all the different options. All of the traditional accounting software systems did not seem intuitive enough for me since I am a very visual person. While I was searching and comparing different plans, I came across FINSYNC. After testing out the 7-day free trial, I found it very easy to use and decided that this was the best route for my business.
What Financial Institutions Do You Have Connected to FINSYNC?
How Does Having FINSYNC Connected to the Accounts Mentioned Above Make Your Business Life Easier?
Having my Chase accounts connected to FINSYNC makes my life significantly easier! It is especially convenient for my accountants when they do my deductibles or while figuring out how much we spend and what we spend it on. For example, categorizing everything and knowing exactly how much equipment or website fees we spend on a project is great.
What Are the Biggest Benefits Your Business Has Experienced Using FINSYNC?
Being able to get a very quick and clear picture of how much cash I have coming in or how much cash I have already promised to go out. The reporting feature allows me to pull up all kinds of different information as well. Another great feature is having the ability to send out reminders for my clients if they haven’t paid on time by implementing invoice financing.
What Advice Do You Have for Those Who Are Thinking About Owning Their own Business?
Don’t be afraid to pivot or market yourself in a different way if your original plan is not working out as expected. Oftentimes, we have a whole plan of how we would like for things to work out, but it’s okay to change your mind or figure out different ways to obtain your goals. Something else I’d recommend is to spend money on advertising your business.
How FINSYNC Can Help
FINSYNC allows you to run your business on One Platform. You can send and receive payments, process payroll, automate accounting, and manage cash flow. To learn more about how we can help your business start, scale, and succeed, contact us today.