How to Master Your Small Business Finances (Even If You're Busy!)
Looking for a less stressful way to handle your business' finances? Learn what mistakes to avoid and the tools that will help you master money even if you're a busy entrepreneur!
Small Business FinancesAround 27 million working-age Americans began or are running a business you may be one of them.
I remember when I started freelancing it was a supplemental income. Eventually, though, it transitioned into my main work.
I knew I needed to step it up and run it like a business. So I took care of the paperwork and started educating myself.
There are days those deadlines get tight and I'm stressed but I enjoy doing the work I'm doing and spending more time with my family.
Win-win in my book.
Whether you're freelancing, doing a side hustle, or launching a business, it will take work.
Not only do you have to work on the front end- so to speak – producing the product or service you're selling, but you also have to be smart about the back end stuff. One key component? Finances.
Quite simply getting the money squared away makes sure you're actually running a business and not an expensive hobby.
I shared a little bit of my story in past episodes, which I hope gives a glimpse of what to expect. However, it's limited to my own business which may be different from yours.
I know someone who has the breadth and depth of skills and can show you the ropes.
Today small business coach and author Sylvia Moe Inks is on the show to share her knowledge. We're going to discuss:
- the biggest mistakes small business owners make (& how to avoid them)
- creating a system to make taxes much easier
- a tool to cut down on the back and forth of emails
Hope you enjoy!
Resources for Business FinancesIf you two are ready to start or grow your business, here are some resources to check out to make sure your money is best used wisely.