Mastering Your Small Business Finances ~ Money Management, Bookkeeping, Entrepreneurship, Side Hustle, Accounting, Cash Flow, Solopreneur, Strategy, Tax, Virtual Assistant Marketing Mindset QuickBooks

Focusing on your customer’s experience will not only help you increase sales in your business, but many businesses thrive on referrals from happy customers as well.  By understanding exactly how your customer is experiencing your product or service, you’ll be able to capitalize on what you are doing right and improve what you could do better.  In today’s podcast episode, I’m covering the major poi...

Being intentional is all about knowing what you want and then taking action to follow through so that you reach your results.  Most successful business owners are super intentional about what they do in their businesses and why they are doing each of the tasks they say yes to.  In today’s podcast episode, I’m diving into the best strategies to be intentional in your business and how you can choose...

If you want to increase your sales, one of the first places you should be looking at is how much you believe in your product, service, or offer.  When you genuinely believe that your product will benefit your customer, you’ll find that marketing and generating sales will come more naturally.  In today’s podcast episode, I cover not only why you need to believe in the product or service you are sel...

Whether you are a business owner or a bookkeeper, you’ve probably heard about automated bookkeeping.  Automated bookkeeping uses artificial intelligence, or AI, as well as machine learning to help speed up your bookkeeping tasks.  In today’s podcast episode, I dig deeper into what automated bookkeeping is and how you can start utilizing these practices in your business to be more efficient.  If yo...

You want to be able to rely on your financial statements so that you can make smart business decisions, but how do you get these accurate financial statements?  You need to account for all the money coming in and going out of your business.  You need to ensure that you have all your entries in your business recorded.  You need to make sure that you are doing your bookkeeping correctly to have thos...

Doing your own bookkeeping can be stressful if you consistently wonder if you are doing it correctly.  It can be lonely if you have questions but don’t know who you can ask.  You could be spending more time than you need to if you are not taking advantage of automations or technology to help you be more efficient.  In today’s podcast episode, I’m answering questions I have received about my new St...

Did you know that entrepreneurs or business owners have a greater risk of struggling with their mental health than non-business owners?  Taking the leap to start your own business, investing your finances, and pushing yourself to reach the goals you set out for your business can all contribute to these more significant risks.  Your mental health is a big asset in your business, and understanding t...

Strategy and a well-thought-out plan can help you and your business achieve the impact and success you set out to accomplish when you first started your business.  Having a plan will keep you on course and avoid potential pitfalls you may find yourself experiencing when you don’t have a plan.  When you have a well-thought-out plan, even if it is only a one-page plan, your odds of being a success i...

Patience is a virtue.  Owning a business means you need to really hustle to be successful, and practicing patience may not be something you’ve thought about much in your business, but by being patient, you may just start to see better options you have available for your business.  There will be many times in your business when you will need to plant seeds, cultivate them, and wait for their succes...

Setting limits and boundaries in your business helps to prevent burnout in your business, especially if you are a solo entrepreneur and you are doing everything in your business on your own.  You need to take time to enjoy your personal life as well, but many business owners have a hard time delegating or allowing others to help.  I get it, it is hard to ask for help, but when you own your own bus...

Every business owner wants to make sales.  Generating sales and incurring revenue so that you have the funds you need to pay for your expenses and have enough net income so that you can enjoy the fruits of your labor is the dream of most business owners, but when you lose your focus on sales or are unsure how you should be getting additional sales, your bottom line will definitely be impacted.  In...

Keeping up with your bookkeeping will not only help you with your compliance tasks, such as filing your tax return at the end of the year but having this financial data will help you make smart business decisions.  In the first episode of this week’s five-episode podcast series about common mistakes business owners make, you’ll learn about the most common financial mistakes and how you can prevent...

Learning about your competition will help you to gain sales by making sure your product goes above and beyond what your competition has to offer.  Competition isn’t bad; in fact, understanding precisely who your competition is will help you determine if your business is on the right path to success.  In today’s podcast episode, we will cover who your competitors are, why you should stay on top of...

Using your passion for boosting profits in your business is key to your happiness and success, but you need to know how to propel your passion into your business.  Focusing on what excites you and putting that energy to work for you to create a profitable business takes work, but when you have passion behind your every move, you are able to push through even the biggest challenges in your business...

You can have the most in-depth business plan and create the best strategy for your business, but if you don’t take action, you’ll never reach the dreams you have for your business.  You want to make sure you are taking the right actions in your business and staying consistent with your actions so that you create the momentum you need to propel your business forward.  Many business owners feel over...

Having a clear business plan and strategy in place so that you know the direction you want your business to go is one step in the process of reaching your goals as a business owner.  When you take these strategies and develop milestones for each of them, you will be crystal clear on your next steps to success.  Creating your business milestones will help you deepen your understanding of the proces...

One of the biggest mistakes business owners make when they are starting their business is to mix their business and personal funds together.  It may seem like this is the easiest and most straightforward way to manage their business finances, but in reality, it creates additional work and complexity for the business owner, which is a costly mistake.  Your time is valuable, and you don’t want to sp...

Much of the success or failure of your business will depend on your business mindset.  The process in which you think about things in your business form your beliefs.  When you believe that you will succeed, you will create actionable steps to bring those beliefs to reality.  Everything that you think about has an impact on your business, so you want to make sure that you are shifting your mindset...

Your employees or independent contractor expenses are likely one of your highest expenses in your business and as a smart business owner, you want to make sure you are monitoring these expenses to ensure maximum efficiency.  Over the last few years, your business may have had the need to shift to a more remote or virtual workforce.  Many business owners think this shift to a remote workforce or te...

As a business owner, you are always looking for ways to save time in your business, but you want to make sure you are not cutting corners in one place and causing additional problems down the road.  This holds true when you are doing your bookkeeping as well.  I always tell my clients when they are setting up their bookkeeping systems to make sure that they are capturing information that will be h...

When you think about how far you’ve come in your business, do you feel proud of yourself?  Most business owners will answer this question by thinking not really or talk about where they need to go in their business as they dismiss the question so that they don’t feel like they are being annoying or overconfident with themselves.  It is easy to complete an accomplishment or goal and quickly start t...

Obtaining credit for a business, is critical so that they can borrow additional funds if needed. Establishing and building business credit is essential for any business owner, whether they are looking to expand and grow their company with financing or even if they don’t intend on utilizing any financing.  By establishing a good credit history with lenders, you can access the capital you need to fi...

As a business owner, it is important to stay ahead of the curve when it comes to tax preparation. You want to make sure that you are ready for any unexpected decrease in expenses or increases in income so that you don't have any surprises when it comes time to pay your taxes. The rules and regulations change every year, and if you are not prepared you could end up paying more taxes than necessary....

Whether you set goals at the beginning of the year or you have resolutions you have promised yourself you’d do in the new year, now is the time to make sure you are on track so that you can follow through with your goals and resolutions for the remainder of the year.  I’m sure that you’ve heard that most people will quit their resolution after just one week.  When asked why they don’t stick with t...

When you own your own business, you are always learning something new.  Making sure that you have a team to support you where you are lacking skills or lacking the time to devote to certain tasks will not only help you sleep at night, but you will have the confidence knowing that your business is operating at an efficient level.  In today’s podcast episode, I am diving into which areas in your bus...