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Episode 7 - Red Flags in Accounting Firms & Bookkeepers

Peace Luv Biz

Release Date: 03/29/2025

Actions Have Consequences – Accountability in Business and Beyond show art Actions Have Consequences – Accountability in Business and Beyond

Peace Luv Biz

In this week’s episode of Peace Luv Biz, Steve and Mary dig into a topic every entrepreneur needs to face head-on — accountability and repercussions. Business owners often talk about goals and growth, but rarely about what happens when obligations are ignored — taxes left unfiled, invoices unpaid, deadlines missed, and commitments broken. This episode shines a light on the real costs of avoidance — from IRS penalties to damaged business relationships — and how accountability can become your greatest strength instead of your biggest fear.

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Episode 26 – Scaling the Spice: The Roll Cajun Growth Story show art Episode 26 – Scaling the Spice: The Roll Cajun Growth Story

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 In this flavorful two-part episode of Peace Luv Biz, Steve and Mary sit down with Matt Coltrin, founder and CEO of Roll Cajun Food Truck, to talk about passion, purpose, and the financial journey behind turning a dream into a thriving business on wheels. From his Louisiana roots to bringing Cajun comfort food to the streets of Birmingham, Matt shares how his love for food and community evolved into a full-fledged business. But it wasn’t all smooth rolling — funding challenges, permits, and cash flow hurdles tested his drive early on. That’s when partnering with Mary changed...

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Episode 25 – Rolling Into Purpose: How a Cajun Dream Hit the Road show art Episode 25 – Rolling Into Purpose: How a Cajun Dream Hit the Road

Peace Luv Biz

In this flavorful two-part episode of Peace Luv Biz, Steve and Mary sit down with Matt Coltrin, founder and CEO of Roll Cajun Food Truck, to talk about passion, purpose, and the financial journey behind turning a dream into a thriving business on wheels. From his Louisiana roots to bringing Cajun comfort food to the streets of Birmingham, Matt shares how his love for food and community evolved into a full-fledged business. But it wasn’t all smooth rolling — funding challenges, permits, and cash flow hurdles tested his drive early on. That’s when partnering with Mary changed everything....

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Episode 24: From Hustle to Harmony – Why Every Entrepreneur Needs a Trusted Accounting Partner show art Episode 24: From Hustle to Harmony – Why Every Entrepreneur Needs a Trusted Accounting Partner

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In this heartfelt episode of Peace Luv Biz, hosts Steve, the business growth guy, and Mary, the accounting guru, sit down with Sonia Dominguez — powerhouse entrepreneur and owner of SOID Towing and PMI Hillsborough. Sonia opens up about her journey from running a successful tow truck business without an accounting system to launching a new startup with structure, clarity, and confidence. Together, they unpack the hard truths of entrepreneurship — what happens when success outpaces your systems, the emotional toll of financial disorganization, and the peace that comes from finally having a...

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Episode 23 - Hard Truths & Reality Is Always There show art Episode 23 - Hard Truths & Reality Is Always There

Peace Luv Biz

Some business owners spend more time avoiding reality than facing it — but the truth is, business doesn’t care about your feelings. Numbers don’t lie. And pretending problems don’t exist doesn’t make them go away. In this episode of Peace Luv Biz, Steve and Mary sit down to talk about the hard truths every entrepreneur needs to hear: the reality behind cash flow struggles, accountability, discipline, and the difference between a business that’s thriving and one that’s just surviving. They’ll share candid stories from their client work, break down how denial leads to chaos, and...

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Episode 21 - Health, Life & Taxes: How Insurance Can Reduce Your Liability show art Episode 21 - Health, Life & Taxes: How Insurance Can Reduce Your Liability

Peace Luv Biz

Most business owners think of health and life insurance as just protection for themselves and their families. But the truth is insurance can also be a powerful tax planning tool that reduces liability and creates long-term financial security. In this episode of Peace Luv Biz, Steve and Mary break down how entrepreneurs can strategically use insurance in their business and personal finances, not just as a safety net, but as a smart tax strategy. From deductions and credits to reducing taxable income and protecting your legacy, this is a candid look at how insurance fits into your overall...

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In this heartfelt episode of Peace Luv Biz, Steve and Mary share the origin story behind their business, and why it’s so much deeper than numbers, strategy, or tax planning. Mary opens up about her powerful life journey, filled with struggle, strength, and reinvention, and how every chapter led to a mission: helping business owners find peace in their purpose and structure in their chaos. Steve, with his own perspective as the younger counterpart, offers insight on what it’s like to work beside someone whose life experience is not only unmatched, but transformational. This isn’t just...

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Episode 18 - Know Your Worth: You’re Running a Business, Not a Charity show art Episode 18 - Know Your Worth: You’re Running a Business, Not a Charity

Peace Luv Biz

In this episode of Peace Luv Biz, hosts Steve and Mary get real about a critical topic for every entrepreneur: knowing your worth and charging what you deserve. They explore how undercharging, delayed payments, and loose boundaries can quickly turn your business into an unpaid favor—and how to shift your mindset and systems so you operate like a pro, not a doormat. Whether you're just starting out or re-evaluating your pricing, this conversation will give you the clarity and confidence to charge and collect like a boss. Key takeaways: ✅ Why your rates reflect more than time—they reflect...

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Episode 17 - RESPECT as a Business Operating System show art Episode 17 - RESPECT as a Business Operating System

Peace Luv Biz

In this episode of Peace Luv Biz, hosts Steve and Mary break down a powerful acronym that should guide every interaction you have with clients, partners, and team members: RESPECT. From setting clear expectations to practicing transparency and trust, Steve and Mary explore how adopting this mindset leads to stronger relationships, fewer misunderstandings, and long-term business success. Whether you're a service provider or a CEO managing a team, this framework will help you operate with integrity and effectiveness. Key takeaways: ✅ Why relationships drive revenue—and how to strengthen...

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Episode 16 - Financial Fire Drills: Stop Emergencies Before They Start show art Episode 16 - Financial Fire Drills: Stop Emergencies Before They Start

Peace Luv Biz

In this episode of Peace Luv Biz, hosts Steve and Mary dive into the hidden costs of financial procrastination—and how to prevent accounting “emergencies” before they even begin. They unpack why so many business owners feel like they’re constantly putting out fires when, in reality, most financial crises are completely avoidable with the right systems and habits in place. From cash flow surprises to tax-time panic, Steve and Mary offer a practical approach to building “financial fire drills” that help you stay prepared, calm, and in control. Key takeaways: âś… How...

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More Episodes

In this episode of Peace Luv Biz, hosts Steve and Mary break down the biggest red flags to watch out for when working with accountants and bookkeepers. From gatekeeping financial information to hidden fees and missed deadlines, these warning signs could be costing you money...and even putting your business at risk.

They also dive into why your financials must add up when selling a business and how legal accounting practices ensure you get the best deal. Whether you're a small business owner or looking to switch accounting firms, this episode will help you stay informed, protected, and in control of your finances.

🟣 Special Mention: Purple Day (March 26th) 🟣
At Peace Luv Biz, we recognize Purple Day, an international day dedicated to raising awareness about epilepsy. It's a reminder to support those affected, spread knowledge, and advocate for better understanding. If you or someone you know is impacted by epilepsy, take a moment to learn more and show your support! đź’ś

Key Takeaways:
âś… Why you should always have full access to your financials.
âś… How to spot misleading agreements and hidden fees.
âś… The risks of poor accounting when selling a business.
âś… Proactive steps to ensure transparency and accuracy.

Be sure to subscribe and visit www.peaceluvbiz.com for a free consultation where we can evaluate your current accounting situation and offering more expert insights to keep your business finances on track! 🎙️💰