In this episode of Profits + Prosecco Podcast, I am so excited to welcome Bobby Klinck as a special guest! Bobby is a Harvard Law Grad turned online entrepreneur—but he’s NOT your typical lawyer. He doesn't do suits, he hates legalese more than you do, and tends to make lame...
In this episode of Profits + Prosecco Podcast, I have special guest Danielle Welch joining us. Danielle and I connected about a year ago through a coach we both had in common. Danielle is the owner of Bridge Consulting & Design, a Social Media and Consulting company. Danielle...
In this episode of Profits + Prosecco Podcast, we are going to be talking all about S Corps. I want to share more about exactly what an S Corp is, how to determine when it’s right for you, how to get yourself established so it’s easy to become an S Corp, as well as understand...
Let's talk business miles! How does the deduction work? What counts as business miles? How can you track them? What's the best app, or do you need one at all?
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In this blog post we'll talk about how to be prepared for tax time.
To make things simpler, get your FREE Year-End Tax Checklist now to follow along.
Being prepared for tax time means taking several smart steps to ensure you're ending the year the right way and not just sorting through a shoe box...
Keeping receipts overwhelms most entrepreneurs and if you're like me, paper does too.
If you put a solid system in place and use your business card only for business, keeping receipts is easy and you likely won't ever have to reference them.
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In this post we'll discuss how to do your own bookkeeping without paying for a monthly subscription based software like QuickBooks which can run you roughly $25 per month.
I often see clients coming to me who have been paying for subscription based bookkeeping software, yet either not using...
If you’re not using a credit card in your business, you might be leaving money on the table.
Some people hesitate to use credit cards out of fear of debt or high interest limits, and believe me, I get that.
In this blog I’ll discuss how business credit card can benefit you, how...
One of the questions I get the most from service based business owners is, how do I price my services?
This is such an important topic that I wanted to dive in deep and cover the 4 things you should consider when pricing your services.
They are: (1) the value you provide your...
My favorite thing about entrepreneurship is that it is completely customizable. You can make as much or as little as you want and work as much or as little as you want - just as long as you're being mindful and intently working your business around your dreams.
This may not happen in the...
Today I want to give you 12 tips to get scrappy and find more money to invest in your business by using what you’ve already got and asking for more so you can afford the changes that will propel your business.
I’m really passionate about entrepreneurship and want to see people succeed...
Profit is one of the most powerful measurements in your business. It's just your sales minus your costs, and is essentially the money you're left with after you finish paying the cost of doing business.
It's not uncommon for small businesses to lose money and never see a profit until the...
There's a lot of talk online about what entrepreneurs are making. They tote "6 figure businesses", "multiple 6 figure businesses", and "7 figure businesses". This can be misleading because what they aren't talking about is profit.
While it's cool to bring in $600,000 of sales in your...
We all want to make more money in our business, but are you setting sales goals with a strategy to meet those goals or are you just hoping for the best? In this post we'll talk about how to get smart about your goals to see more income in your business by setting a simple sales strategy in...
If you hire workers that are not employees, then you likely need to file 1099s, specifically Form 1099-MISC. This post will talk about when you need to file and how to get it done.
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Inventory is an area that trips up a lot of small business owners. In this post we'll cover what inventory is and how to keep track of it so that you understand the basics and avoid feeling overwhelmed.
If you sell or make products, chances are you have inventory and need to be keeping...
One of the questions I get the most is whether or not you need to file taxes for your business even if you're losing money.
The quick answer is yes, definitely.
In this post we'll be covering how filing a loss benefits you and what you need to do to make sure you don't get yourself in...
Do you have a business idea dancing around in your head, but you're stuck on where to get started? Need help figuring out exactly where to start when starting a biz?
I’ve been there, not too long ago. And I know how overwhelming it can be making the leap into...
Ever wondered what the difference is between an LLC and S Corp?
If you’re an entrepreneur or a small business owner, chances are you’ve heard whispers that you should be an S Corp. Maybe your accountant has already made that election for you and you’re currently set...
Are you struggling with keeping track of your small business expenses in an organized way?
Today I’m going to share with you four easy to implement tips that will help you keep your small business expenses organized.
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How this free payment method might be costing your small business money, and what you can do instead.
Today I want to talk all about using Venmo for business. Even though it can be used without fees, it might be costing your small business money depending on how you’re using it. ...
Let’s talk about self-employed tax tips for network marketers.
You found a product you love and made the decision to sell it. Awesome! I’ve seen the potential network marketing can have and I certainly relate to the desire to earn extra income and break free of the life...
Do you have a firm grasp on sales tax and your business?
Sales tax is a mother and it’s super important that you’ve considered it. It can either seem deceptively easy so you ignore it, or it can be totally overwhelming. Sales tax is a widely neglected area that is...