The Truth About Fashion Business Finances + A Conversation with Novo Platform CEO Michael Rangel

Welcome back to another episode of The Haute Guide! Today we're diving deep into financial literacy for fashionpreneurs—a topic we often avoid but need to master. In this episode, I break down the financial struggles of running a fashion business, share my own experiences from starting out as a blogger to building multiple brands, and discuss the biggest financial mistakes fashion entrepreneurs make.

PLUS, I have a special guest—Michael Rangel, Founder & CEO of Novo.Co, which is my business bank platform of choice. We discuss how fintech is changing the game for small business owners and how you can take control of your business finances.

✨ Mentioned in This Episode:

💻 Novo Platform – My go-to for small business banking. Sign up here: https://onboarding.novo.co/signup?referral_code=AlexandriaBrown1&first_name=Alexandria 
🛍 Jance Chartae – E-commerce & boutique expert. Follow her for fashion biz tips!
💡 ChatGPT & AI – How I use AI to optimize business strategy

🎯 Your Homework:

📌 Audit your finances: Are you separating personal & business expenses?
📌 Research business banking options: If you don't have a business bank, start with Novo
📌 Check your pricing strategy: Are you actually making a profit?
📌 Plan for the future: Look at your cash flow, taxes, and funding option

🔗 Stay Connected:

📲 Follow me on Instagram: @akbrownstl
🌐 Website: www.akbrownstl.com
📖 Read Advisor. Magazine: www.advisormag.co

💬 Love the episode? Leave a review and tag me on Instagram with your biggest takeaway!

*Novo is a fintech company; not a bank. Deposit account services provided by Middlesex Federal Savings, F.A., Member FDIC. Physical debit cards issued by Middlesex Federal Savings or Patriot Bank, N.A., Member FDIC; virtual cards issued by Patriot Bank, pursuant to licenses from Mastercard® International Incorporated. Mastercard can be used everywhere Mastercard is accepted. Mastercard is a registered trademark of Mastercard International Incorporated.