by Joyce M. Washington, CPA
Bookkeeping can be intimidating and a bit overwhelming but it doesn’t have to be. It can (and should be) a tool that you can use to plan and scale your business… sooner than later.
In this episode, I’m giving you four quick tips to get you on board with bookkeeping. Just the basics. Afterall, we have to start with a foundation, right? RIGHT!
Mentioned in this episode:
Additional Resources:
Highlights of this episode:
- 00:45 Introduction of this episode’s topic – bookkeeping and preventing messy money
- 01:22 Tips to make bookkeeping a little less intimidating and less overwhelming
- 02:12 Some accounting jargon every business owner should know
- 03:34 How to record more complicated transactions
- 03:47 How to get feedback from your accountant (leaving numbers notes)
- 04:34 How to figure out tax deductibility
- 06:08 How frequency and consistency can make bookkeeping less overwhelming
- 08:24 Do you know your numbers? A quick walkthrough of financial statements, “the reports”, and what it all means
Thanks for listening…Don’t miss an episode, subscribe on: Anchor | iTunes | Spotify | Stitcher
by Joyce M. Washington, CPA
These 3 bad money habits not only drive your CPA crazy… but they’re probably killing your productivity AND your profits.
In this episode, I’m giving the 3 things that drive me absolutely bonkers about messy money habits… and what you can do to turn it around quickly!
Mentioned in this episode:
Highlights of this episode:
- 00:47 Bad Money Habit #1 – Why saying “I’m not good at math” is stunting your business growth
- 03:38 Bad Money Habit #2 – Why the lack of interest around your business money/cash flow is concerning
- 05:31 Bad Money Habit #3 – Why messy money and having bits and bobs everywhere is confusing
- 08:58 Recap of the 3 Bad Money Habits and how to fix them
Remember To Subscribe On: Anchor | iTunes | Spotify | Stitcher
by Joyce M. Washington, CPA
Building a growing, thriving, successful business isn’t a given. It won’t just fall out of the sky… you can’t just build it and the customers will come.
Over the years, I’ve made a few observations, my informal case study, into what makes for a successful business.
Mentioned in this episode:
- The crazy stats – few businesses make it to their 5 year anniversary & even fewer make it to their 10th anniversary and beyond.
- The 3 things that I’ve noticed among the successful businesses around me… what they do that others don’t do (or don’t do consistently).
Here’s a list of the books & resources mentioned in this episode*:
- 12 Week Year – Get More Done in 12 Weeks Than Others Do in 12 Months – by Brian P Moran and Michael Lennington
- Traction – Get a Grip On Your Business by Gino Wickman
- Smart Leaders Sell by Jessica Lorimer (she also has a 90 Day Sales Planner)
- You’re a Badass & You’re A Badass at Making Money by Jen Sincero
- Think And Grow Rich by Napoleon Hill
- The Miracle Morning by Hal Elrod
I also mentioned my very own business trackers & spreadsheet templates. If you’d like to get access to the business trackers that I’m working on…join the wait list here.
Additional Building A Business Resources:
*This is a link to my Amazon shop so you may find more than the books/resources listed in this posting.
by Joyce M. Washington, CPA
Six Figures isn’t all that it’s cracked up to be, especially when there seems to be a moving target & every changing definition that suits the exclaimer…
I’m calling BS on 6 figure claims in marketing…it’s bothersome and frustrating unless you ask the right questions and shift your focus. It’s easier than you think and it’s probably not what you think it is.
In today’s episode, I have a few questions for you. What to contemplate and ponder whenever you hear the works “6 figures” touted somewhere on someone’s sales copy…
I’m not saying that it’s not true 6 figures but what I am saying is be cautious and read between the lines – IE: revenue versus profit or billed versus cash collected.
The words barely register but there is a huge difference. And let’s not forget cashflow. That’s the second layer to ponder…
Mentioned in this episode:
Remember, this is an open discussion. If you have a question that you’d like me to answer on an upcoming episode, send an email to [email protected].
If you’d also like to find Joyce on social media, you can find her on Facebook, Instagram or Twitter…as @thecommoncents.
by Joyce M. Washington, CPA
Tax time can be stressful for anyone but it really doesn’t have to be. As a reformed tax preparer, I have a few tips, tricks & hacks that will de-stress tax time for you, your family and your tax person (if you have one).
What we’re chatting about in this episode:
- What to do before, during and after you do your taxes.
- My favorite thing to do – it may or may not involve wine
- Bonus tips to help you stay on track all year
Remember, this is an open discussion. If you have a question that you’d like me to answer on an upcoming episode, send an email to [email protected].
If you’d also like to find Joyce on social media, you can find her on Facebook, Instagram or Twitter…as @thecommoncents.
