Tag: BOOKKEEPING SKILLS

Your Monthly Bookkeeping Cheat Sheet To Spend Less Time Getting The Job Done

Posted on by Meredith Rines, MBA, CFP®

INCOME TAX HELP, BUSINESS DEDUCTIONS, INCOME TAX, DEDUCTIONS, TAX LAW CHANGES, WHAT DEDUCTIONS DID I MISS, MEREDITH RINES, BOOKKEEPING BY MEREDITH, TAX REFUND, SMALL BUSINESS TAX HELP, SMALL BUSINESS TAXES, FEDERAL TAXES, IRS TAXES, BUSINESS TAXES, TAX RETURN, BUSINESS OWNERS, ONLINE BUSINESS OWNERS, BOOKKEEPING ACADEMY, QUICKBOOKS ONLINE, TOP 10 DEDUCTIONS, QUICKBOOKS ONLINE, QUICKBOOKS ONLINE TRAINING, BOOKKEEPING SKILLS, AUTO EXPENSE DEDUCTION

Are you tired of your monthly bookkeeping TAKING FOREVER to get done? That is the number one complaint I hear from small business owners I work with – it takes forever to get done!

The next complaint I hear is how they are unsure if the numbers being inputted are even right – which category do you choose, what if I invested my own money this month, what if I used my personal card to buy something, and so on.

Honestly, that’s where I come in.  I have systems in place to make sure your bookkeeping is getting done right and in a timely manner.  That way you have results back fast so you can make any adjustments needed to the next month – marketing tactics, raise prices, cut expenses, or whatever the case may be so you can make a profit.  I also love teaching business owners how to read the monthly financial reports so they can run their business more efficiently.

But how do you get there when you’re not ready to hire a bookkeeper?  Simple! You learn how to DIY your bookkeeping for now.  I’ve decided to pull back the curtain and share the steps I take with my monthly clients (and my personal bookkeeping) to help you learn a better system.

In today’s video I’m sharing my four-step process to tackle your bookkeeping tasks in less time. You can watch the video online or down below:

Tweet this video.

See, it’s not that hard when you have a system in place.  That’s usually my first step with new clients is creating a personalized system based on my four steps mentioned in this video.  I have a free Bookkeeping Checklist that breaks down the tasks you should be doing each day, week, and month.  But sometimes it’s nice just to remember the 4 R’s and move on.

If you need more help with QuickBooks Online for your business, then register for my FREE masterclass.  It’s going to be full of step-by-step tutorials in QBO and tips on how to use it to run your business so you can start making money and stop feeling overwhelmed by it all.

Ready for more trainings?  Watch my latest videos:

THE MOST OVERLOOKED TAX DEDUCTION

HOW TO PRICE YOUR SERVICES SO YOU ACTUALLY MAKE MONEY

The Most Missed Small Business Tax Deduction

Posted on by Meredith Rines, MBA, CFP®

Learn what the most commonly missed small business tax deduction is and how you could be losing money each year.

How Price Your Services: The Pricing Formula You Need To Make A Profit

Posted on by Meredith Rines, MBA, CFP®

PRICING STRATEGIES, HOW TO PRICE A SERVICE, HOW TO PRICE A PRODUCT, PRICING SERVICES, SMALL BUSINESS HELP, PRICING STRATEGY, MEREDITH RINES, BOOKKEEPING BY MEREDITH, BUSINESS PRICING STRATEGY, WHAT SHOULD I CHARGE, PRICING DESIGN SERVICES, HOW TO PRICE DESIGN SERVICES, HOW MUCH TO CHARGE, QUICKBOOKS ONLINE, QUICKBOOKS ONLINE TRAINING, BOOKKEEPING SKILLS

 

Do you know how to price your services – the right way? Are you tired of overworking yourself just to end up short at the end of the month?  I’m sharing my fool proof pricing strategy for service based entrepreneurs.  This pricing formula will help you create a system that actually works for your business, which means you’ll be able to cover all of your expenses, not overwork yourself and start making a profit at the end of each month.

Here’s the truth – most small business owners severely undercharge for their services.  There a few reasons for this fact – maybe you’re new and you feel as if your expertise doesn’t deserve a higher price (which you’re wrong).  Perhaps you are under the mindset that if you have the lowest prices around then you will be swamped with clients and make a ton of money.  Again, you’re wrong.

With both of these thought process you might be fully covered with client work, but those clients may not be the best fit for you.  These low-end clients may be taking advantage of you, draining you and taking up more time then their agreed-upon price calls for.  That means you’re not making any money after you consider your time and your overhead.

You need to set yourself apart from the low end and charge what the market is willing to pay.  Now, I am not a believer in charging what you’re worth because you are worth so much.  You have to make sure the amount you’re charging is what your clients are willing to pay.  That’s why in my video I teach you how to research the perfect pricing for your business to ensure clients will be happy to pay for the value you’re adding.

You can watch the video with my pricing formula online or down below:

Tweet this video.

Hopefully these tips will teach you how to price your services so you can start to grow your business and start making the money you deserve.

Don’t forget to grab our Bookkeeping Checklist that’s mentioned in the video.  This guide will help you know what tasks to do and how often you should be completing them.  That way you can trust the numbers you have in your bookkeeping system to give you the right data about your pricing.  If you don’t have confidence in your numbers then you will never be able to make the full profit you deserve.