Better Books=Better Business I say this all the time, however, when I say it, I’m convinced that it may mean something to me, but maybe not to the business owners, I hope to reach. You can have a thriving business, but without good financial records it will not matter. I’ve had tax clients that made literally over ½ million dollars in one year and have no business as at all the next year. It’s hard to imagine right? When…
BUDGETING IS BALANCING I’ve had multiple conversations with people who feel and will argue that somehow there are hidden secrets about wealth, wealth building and getting rich. That rich people know something the rest of us do not. I cannot argue with that. It’s not really a secret, but it’s a matter of understanding money, how one views the money he or she makes and how well that person distributes (instead of spend) that money. Money is a taboo…
It’s not just what kind of business you do; it’s how you handle it! There are a lot of hard-working people out here in America. Some have multiple jobs or hustles, others working just one job and many are the entrepreneurs I meet daily and I’m encouraged by them all. However, it’s not just about making an honest living but it’s also how you document that living and how you handle your business that counts as well. Managing a…
TAX TALES: larger than life and full of lies…. Everyone likes to lie about money, especially their money! No one wants to tell people that they overspend, do not budget and cannot afford the lifestyle that they live. I get it! We’re private about money because we are lying about it. It’s only when you speak to others that you realize your deficiencies, as it relates to money and the way you manage or mismanage it. However, I’m very…
So the last time we discussed financial literacy we discussed having a vision. I received a lot of questions concerning that article and I’m glad! #1 it means you’re listening and secondly, it provides opportunity for discussion. Having a vision is the most powerful motivation one can have and believe it or not, everyone doesn’t have one! To simply say, “I want enough money to pay my bills isn’t vision.” That’s a goal and a very simple goal at…
VISION IS CRUCIAL! FINANCIAL LITERACY INCLUDES HAVING VISION! “The only thing worse than being blind is having sight and no vision”. ~Helen Keller This quote is phenomal. I heard it again the other week as my Pastor began his sermon and little did I know I would experience this quote to the fullest. As an entrepreneur, I work primarily with other entrepreneurs. To have the desire to start and operate your own business is not an easy task and…
Knowing Business is KEY! BEING TAUGHT IS ONE THING, KNOWING, DOING & EXECUTING IS ANOTHER! People can be taught or trained to do a lot of things. So a person without a background in a field can be taught how to perform a task. For example, a person can be trained on the proper way to answer or handle the phone system for a company; that doesn’t mean that the individual is or has administrative skills. He or…
Some of you are still in tax season 2017, while others need to look, prepare and get ready for tax season 2018! For those of you still scrambling to meet the tax deadline for October 15, CALL TODAY! You need bookkeeping services. YEP, bookkeeping! It’s possible to earn enough money that you require another person to assist you with the management of it. That’s called being successful! Bookkeeping begins with the tedious journey of tracking expenditures, categorizing them but…
FedEx, Spectrum, CABLE COMPANIES, Uber, Lyft; just to name a few of the companies that use sub-contractors or contract workers. Depending on your field contracting your services out to an employer is the wave of the future! Some people think that it is illegal to do so, but it’s not. Contracting workers is cost-savings for employers or large corporations, especially services that tend to drain their pockets. At the same time, it provides opportunity for the average worker to…
How You Do Business IS EVERYTHING? PART 2 Is all that money in your account profit or is some of that money liability? Are you meeting your financial goals? Is your marketing working? How well did you do last month? This month? Was it better this month verses last month? What is your slow season for your business? When is the best season to market your business? When is the worse? Has your bank account been reconciled monthly? You…
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