The mention of financial statements, P&Ls, and balance sheets makes most small business owners uncomfortable. While there are several reasons for this, one of them is how these small business owners think about this area of their businesses. I am referring to their mindsets and/or thoughts.
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Do you know what is and isn’t considered a business expense? I ask because in my experience, most business owners don’t know. Most think they do, but they don’t. In this week’s vlog, I will share so you can stay compliant with the law (which is important) and be better positioned to take all the tax deductions you deserve!
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Emergencies happen, but having savings in your business is about more than that. It’s about being able to take greater control. In this week’s vlog, I share what you need to know to get started and how to determine a good savings goal for your business.
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Would you love to know where to get started when it comes to setting up profitable money systems for your business? I get this question often and will be discussing how simple it is in this week’s vlog. It all starts with where you put your money.
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In track and field, when a runner doesn’t stay in their lane they get disqualified. In business, not staying in your lane (or not realizing when you are outside of your line) can have unwanted consequences as well. Over the past year, I made several key decisions in my business that had a positive effect on my revenues. Accepting and addressing what was “outside my lane” helped me grow my revenues, increase conversations, and close more sales.
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