I’m building a business, but I’m never one to hard sell anyone into hiring me who isn’t 1) able to afford outsourcing their books, 2) ready to loosen control over their financial reins (never completely let go of those reins, btw, even if you CAN outsource), 3) you’re just starting out and don’t think it’s …
Last week we talked about the difference between Cost of Goods Sold (or COGS, as us in the know call it), and Operating Expenses. You can read that post here (and you probably should, otherwise this post might not make sense to you :-)). Now I’m going to talk about why keeping them separate is …
What’s the Difference between Gross Profit and Net Profit Read More »
Okay, I’m putting away my soapbox I’ve been standing on the last few weeks to preach about imposter syndrome and the patriarchy. I’m really quite tired from all that feminist rage (just kidding). So let’s spend a little time talking about bookkeeping and business finances, shall we? If you’re a business owner, you may know …
What is Cost of Goods sold vs. a regular Operating Expense? Read More »
Okay so we’ve been talking about imposter syndrome for a few weeks now – see here for my thoughts on the incredible Reshma Saujani’s Smith College Commencement speech, and here for some signs that you’re suffering from it. Now, finally, let’s talk some strategies to overcome imposter syndrome, or at the very least, to reduce …
Last week I talked about Reshma Saujani’s commencement speech at Smith College (you can read last week’s post here). I want you to watch that video because Ms. Saujani is an amazing speaker who makes some really important points. There were a couple areas I had a difference of opinion about, and maybe I’m blending …
How do I Know if I’m Suffering from Imposter Syndrome? Read More »
Recently a friend of mine sent me this video of Reshma Saujani, CEO of Girls Who Code, giving a commencement speech at Smith College. She talks about imposter syndrome, (which, circa Wikipedia, is “a psychological occurrence in which people doubt their skills, talents, or accomplishments and have a persistent internalized fear of being exposed as …
Okay, so maybe that sounds mental, right? Advising you to turn down income, especially if you’re a new business? And that’s somehow supposed to make you MORE money? Of course, in the absolute short-term sense of the word, turning down income of course means you’re not getting that income. But bear with me. One of …
Why Saying NO to Income Can Increase Your Income Read More »
I LOVE featuring other women business owners on my blog, especially women in the finance industry. But today’s guest is EXTRA special, because she’s my business bestie! Michelle and I met through badass investment advisor and financial planner, Catherine Arnet-Valega, whom I’ve featured before. We hit it off INSTANTLY, bonding over our shared passion for …
I’m not here to make you feel bad or dumb. There’s a reason I have this list, it’s because I see these mistakes all the time, which means you’re not alone! But I want you to have the best information and practices to keep you compliant, secure, and financially successful.
Did anyone ever sit you down and teach you how to balance your checkbook? If you’re under 30, I’m guessing probably not. (Actually, if you’re under 30, I’m guessing you don’t even have a checkbook). Most people just check their bank balance to make sure they can afford something and then pay it, never thinking …
Why You Should Reconcile your bank and credit card accounts Read More »
Check off those boxes, baby! All the tasks you should be doing on the reg to keep your books compliant and useful.
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