Do you really need an accountant?
This is the perfect time of year to start interviewing and finding an accountant to help you learn the financial ins and outs of running a business and to help you understand what you need to know as far as taxes.
It can absolutely seem overwhelming to face your finances, especially when it’s not exactly booming – but I can assure you if you commit to learning just the basics of business finance – you will feel so much more empowered and confident in how to grow your business.
If your goal is to pay yourself more, invest back into the business, secure your first (or bigger location), hire team members, etc – you won’t get there without a PLAN.
An accountant can be your financial guru and guide to help you make informed decisions in the business that get you to reach those financial goals.
Episode Highlights:
- You need to pay yourself first.
- How to use Quickbooks – a handy bookkeeping software that takes a lot of the hassle out of your business finances.
- What’s the difference between a sole proprietor and an LLC – and which one should you choose?
- Why I don’t recommend using CashApp, Venmo, or Zelle for your business transactions.
Click HERE to receive 30% off 6 months of QuickBooks – our go to bookkeeping software recommendation!
And if you are searching for an accountant who gets the beauty industry – I’d like to recommend Michelle Cook who is a wealth of easy to understand accounting info for beauty service businesses – you can find Michelle on Instagram @smallbusinesscpa
