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Should I be doing my own bookkeeping and accounting? Is QuickBooks the best software for me to use in my business, or is there another accounting software I should be using? What’s the best way for me to process my payroll? How can I track my money and cash flow? How do I prepare for my business taxes? What do my financial statements really mean? How can I bring my business to the next level? How can I grow my business? What is the best way to create my business strategy? Should I start a side hustle? How can I add bookkeeping as an additional service as a Virtual Assistant? How can I start an online virtual bookkeeping business? And most importantly, how do I manage my small business finances? Welcome to Mastering Your Small Business Finances where we get straight to the point and answer all these questions and more. Each episode is designed for you to take IMMEDIATE ACTION in your business so that you, as a busy entrepreneur, can gain the CONFIDENCE and CLARITY you need to make a successful impact on your business and GROW YOUR BOTTOM LINE. Each week, host Chris Panek, Certified Public Accountant, Business Strategist and Business Coach, breaks down topics like finances, entrepreneurship, money management, leadership, bookkeeping, tax deductions, growth, side hustle, marketing, mindset and motivation into simple JARGON-FREE episodes. One of her strengths is helping small business owners navigate and really understand these complicated topics for over 25 years. Whether you are just starting your business or have an established business, you are in the right place. If you are a bookkeeper or virtual assistant who wants to learn more about business finances to start, grow or scale your bookkeeping business, you too will benefit from this podcast. Ready to Master Your Small Business Finances? Listen in ~ your time will be well spent here! This podcast is sponsored by Financial Adventure. Visit www.FinancialAdventure.com for additional information and free resources.
Episodes
Wednesday Mar 24, 2021
Wednesday Mar 24, 2021
If making more money in your business is one of your goals this year and you believe the only way to achieve this goal is by getting more sales, you might be wrong, but I understand where you are coming from. Everywhere we go we are told to increase our sales to make more money. You may have already decided the only way for you to increase your profits is to increase your marketing and sell, sell, sell. You have limited time to run your business and you find yourself putting all your time into getting new sales and yet, you still see your net profit numbers going down each month. Well, I’m here to tell you that getting more sales is not exactly the best way to increase your profits. We have been led to believe that the only way to make more money is to increase our sales or revenues, but that isn’t totally true. We all want to see our business succeed and grow our sales, but if you don’t watch all your other numbers carefully, you could be in for a huge surprise. It doesn’t matter if you are using a computerized software system like QuickBooks or a manual spreadsheet like Excel, this episode is for you. Today I am talking about why sales shouldn’t always be your main concern when you are looking to grow your profits, so if you are self-employed, a solopreneur, an entrepreneur, a small business owner, you own a virtual online bookkeeping business or are a virtual assistant or VA, listen in and I’ll walk you through understanding how you can increase your profits without feeling the need to increase your sales. I want to help you ensure your small business is able to keep more of the sales you are bringing in and maintain higher profits…
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This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources
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