I’ve already heard from so many small business owners that finally taking control of their business finances is one of their New Year’s resolutions. They recognize that this stuff has been a huge source of stress in their life and they know it doesn’t have to be that way.
Just like trying to lose weight or reaching a fitness goal, having accountability and guidance can make a huge difference in the results.
So, you probably know where I’m going with this. If you haven’t been able to make yourself keep up with bookkeeping on a monthly or quarterly basis, it may be time to reach out for help. Start by finding an accountability buddy.
For me, it’s my husband. He’s interested in how my business is doing, so I like to have my books up to date when he checks in. For you, it may be another business friend who you report into once you’ve finished your monthly bookkeeping.
In addition to finding an accountability partner, schedule a money date with yourself each month. It could be the first Monday of the month where you knock out your bookkeeping and review your business’s income and expenses. Check in with your financial goals to see if you’re on track to meet them.
If you’re looking for a little kickstart to get your finances in order, I’d love for you to join me and my small business friends over at Know Your Worth®.
The Know Your Worth® program includes access to a Certified Public Accountant and a membership site which includes short videos and beautiful, downloadable guides that will walk you through the main topics in each lesson. Each lesson will be released on a weekly basis to ensure that you don’t get overloaded with information, and you have time to review and ask questions before proceeding. We have a private Facebook group for check-ins, questions, and accountability!