The small business owners’ simple guide to finances.
Feeling overwhelmed by your business’s finances? You’re not alone. The world of numbers, spreadsheets, and financial jargon can be intimidating, but it doesn’t have to be. We created the Know Your Worth course to give you the simple, clear guidance you need to take control of your business’s financial future.
We’ve made this course completely free because we believe every small business owner deserves a solid financial foundation. Our simple guide to finances will walk you through everything you need to know, in a way that’s easy to understand and even easier to apply.
The IRS telephone number is 1-800-829-1040, and they are available from 7 a.m. - 7 p.m. Monday thru Friday. The best time to call is early in the morning. Once you've set your language, do NOT choose Option 1 (regarding refund info). Choose option 2 for Personal Income Tax instead. Next, press 1 for form, tax history, or payment. Next, press 3 for all other questions. Next, press 2 for all other questions. When the system asks you to enter your SSN or EIN to access your account information, do NOT enter anything. Finally, press 2 for personal or individual tax questions. The system should then transfer you to an agent.
-
Debunking five common money myths that could be hindering your business’s financial growth and success.
-
Exploring whether dividends count as an expense in business accounting and their impact on financial statements.
-
Defining what's included in Cost of Goods Sold (COGS) and its significance in business accounting.
-
Comparing operating income and net income to determine which metric is more crucial for business health.
-
Guidance on choosing your ideal product line to align with business goals and market demand.
-
A beginner's guide to reading and understanding a balance sheet's components.
-
Strategies to calculate the necessary earnings per client to meet financial objectives.
-
How specializing in a niche can significantly increase business profitability.
-
Understanding how to read an income statement for better financial decision-making.
