Running a business costs money — it’s just a fact. But all the money you spend on your business affects your profit. Remember, Profit = Revenue – Expenses. If you can trim those costs, you can keep more of your hard-earned income.  But how do you know which expenses you can cut safely? You don’t […]

How is a bookkeeper different from an accountant? Which one should you hire to help with your business? Or do you need both? I’ve touched on the differences between bookkeepers and CPAs before, but now it’s time for a deep dive into what each professional can do for your business. A bookkeeper and an accountant […]

Is your offer — whether it’s a digital product, 1:1 service, or group program — not performing like you wanted it to? Are you wondering if it’s time to discontinue your product or service?  It’s a sticky situation. I’ve been there, and most of the business owners I know have too. You pour so much […]

All right, business owners. Let’s get into it — how are your finances looking? I’m not talking about your revenue, expenses, or profits (find that discussion here) — I’m talking about your literal financial setup. That means your bank accounts! And the million-dollar question is … do you have separate bank accounts for your business […]

Be honest — are you using Venmo to pay contractors? I know, I know, Venmo is easy to use and it’s fun to explain your transactions with emojis. But it’s not an appropriate way to pay your contractors. Honestly? Pretty much any other payment option is a better choice than Venmo.  So let’s talk about […]

Spend any time learning about business finances, and you’ll hear a LOT about the P&L. But what even is a P&L? Why do you need one? And how on earth do you read it? P&L stands for Profit & Loss. And that’s what this report shows — the financial gains and losses in your business. […]

The tax deadline is looming. How are you feeling? Stressed? Frustrated? Frantically trying to get your paperwork together so you can figure out how much you owe? I see you. And I get it — taxes are no fun, and it’s tempting to wait until the last minute. But procrastination hits hard when you’re trying […]

It’s the end of the quarter, y’all! That means it’s time to take care of some quarterly bookkeeping tasks — but don’t panic. “Quarterly bookkeeping” might sound boring and complicated, but it doesn’t have to be. It’s not complicated, but it is necessary. It’s best to check in with your books every month, but if […]

Got a baby on the way? Whether you’re due in a few months or planning ahead for a few years in the future, you’re probably wondering what maternity leave looks like if you’re a business owner. Can you even take time away at all? Absolutely! I’ve taken maternity leave, and I’ve helped several of my […]