BlogBookkeeping tips to help you build a solid financial foundation for your business. |
What’s your biggest business win?
I have so many wins! I love building a powerful and supportive team culture, of women who genuinely appreciate and encourage each other. It's also been an amazing opportunity to have the flexibility of working from home so that I can homeschool and be present with my family, while still creating a successful business that I love enjoying and working in. How does knowing your numbers help with your business’s success? Knowing my numbers helps me make good decisions! It also helps me plan for the future when I know what our trends are during different seasons. What is one of the main reasons your business is succeeding? I always point to my team as reason #1 for my own success. My team helps keep things moving when I'm offline, and they take care of me too when I need support! Right now I am growing my network with local networking opportunities, and seeking to grow my connections! What business finance advice would you give to fellow business owners? Always, always save a percentage of revenue. Even if it's only 1-3%, make a habit of saving and honoring the savings account. What positive changes have you noticed since partnering with Silver Leaf Office? Never having to think about my bookkeeping tasks ever again. Being able to hand my CPA a nice little report at tax time! And getting a monthly recap of my numbers is my favorite thing. I keep them in my Airtable $ KPI's and it keeps me on top of things from that birds eye view. What advice would you give to other business owners who are considering hiring a bookkeeper? Make sure you find a bookkeeper that loves Profit First! Not just someone who's keeping things "clean" but someone who is passionate about making your numbers work for you. Do you have a special offer for my audience? Yes! Mrs Smith Assist offers 1:1 consulting for CEO's that need clarity and strategic help as they iron out systems and grow healthy operations with the team. Grab a discounted strategy session (Use code CEOWORK for 15% off) here: https://mrssmithassist.com/business-systems-strategy-session/ What’s your biggest business win?
That I'm able to work from home and do what I love and have a flexible work schedule and be present & around for my daughters. How does knowing your numbers help with your business’s success? Allows me to free up mental space knowing my finances are in order and I can focus on what I do best! What is one of the main reasons your business is succeeding? Perseverance, passion, and patience. What business finance advice would you give to fellow business owners? The moment you can outsource anything, make it bookkeeping. You'll be able to track profits more clearly and go to sleep not worrying about where things stand and that your finances are in good hands and you're on track and meeting your goals. What positive changes have you noticed since partnering with Silver Leaf Office? I'm reaching financial milestones I never imagined and am able to see the full picture because of Silver Leaf Office. What advice would you give to other business owners who are considering hiring a bookkeeper? Do it...yesterday!
What’s your biggest business win?
Starting and growing a business that has allowed me to be home and spend all the time I want with my kiddos, be able to provide a job for myself and my husband, AND get to pick who I work with - we have the BEST clients! How does knowing your numbers help with your business’s success? It's the most important thing. We are fully self-employed, and knowing our numbers means we know where we stand, how much income we have, how much out-go is happening - if we didn't know where our numbers were... we wouldn't be in business. What is one of the main reasons your business is succeeding? Let us in on your secret. Besides God blessing us? Consistency and having a heart towards serving our clients. What business finance advice would you give to fellow business owners? Do whatever you can (hustle) so that you don't have to take out business loans. Work 50 hours per week on and in your business, max out your own capacity, then double your capacity by hiring your first employee. What positive changes have you noticed since partnering with Silver Leaf Office? I save so much time! I know how much my business is making, how much I'm spending, and it's so nice to have a person to bounce ideas off of who isn't in the day-to-day. Payroll and bookkeeping aren't in my area of expertise, so I was spending way too much time trying to figure it out. Brittney comes in and becomes a part of the team. What advice would you give to other business owners who are considering hiring a bookkeeper? Just do it. I meet a lot of business owners who are trying to DIY it (and doing a terrible job at it - I was one of them). Just knowing where your business stands puts you miles ahead and allows you to make decisions with data, which is so important in business. Besides Brittney's skill in bookkeeping (and all things in the accounting world), she is just lovely to work with. You really see that she cares for people and becomes a cheerleader in your corner. Outsourcing our Bookkeeping to Silver Leaf was one of the best business decisions we could have made. Money very well spent! |