Why 75% of Businesses Fail, and How to ensure Yours Doesn’t Artwork

The Holly Penney Show

Join Host Holly Penney as she brings you along her journey to Self Love, Achieving her Goals, and Living a life full of Abundance! She shares the pretty, the not-so-pretty and everything in between!

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The Holly Penney Show

Why 75% of Businesses Fail, and How to ensure Yours Doesn’t

October 06, 2025 • Holly Penney • Episode 47

In this episode, Holly opens up about her journey from corporate burnout to building a business that gave her freedom, not just financial freedom, but the freedom to be present for her kids when it mattered most.

She shares how a life-changing moment in her son’s health reinforced her purpose and why financial clarity is the foundation of every sustainable business.

You’ll learn:

Why 75% of businesses fail (and how to avoid being one of them)
The one habit that can completely transform how you manage your money
The simple, free Bookkeeping Checklist every small business owner needs

Mentioned Links:

Bookkeeping Checklist: https://novaridge.ca/bookkeepingchecklist/

CRA Receipt Management: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/keeping-records/acceptable-format-imaging-paper-documents-backing-electronic-files.html#mgr

Show Sponsors:

Unlocking Wealth Journal: https://amzn.to/48MQZ7o

Nova Ridge Bookkeeping: www.novaridge.ca

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