loader from loading.io

Warning: This Common Business Mistake Could Land You in IRS Hot Water

Be a PROFITABLE Badass Small Business Owner

Release Date: 05/06/2024

Taxes Suck! Don't Make it Worse! show art Taxes Suck! Don't Make it Worse!

Be a PROFITABLE Badass Small Business Owner

I wish I had a dollar for every small business owner who didn't save a dime for their taxes that are due. I'd be rolling in the money! I know why it happens, but let's talk about what to do about it. You MUST be saving for your taxes each year if you want your business to survive!   ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing...

info_outline
Understanding COGS & EXPENSES Can Make You More Money! show art Understanding COGS & EXPENSES Can Make You More Money!

Be a PROFITABLE Badass Small Business Owner

It is easy to lump all your costs together. But they have different impacts on your profits and knowing the difference can help you make more money.    ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your business!      πŸ‘‰ Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:   ...

info_outline
Your Customer Service Might Be Costing You Profits! show art Your Customer Service Might Be Costing You Profits!

Be a PROFITABLE Badass Small Business Owner

We all know great customer service is important to our business, but do we actually know the financial impact it might be having on our bottom line profits?  Sometimes, we just need to be reminded to check the boat for leaks in our customer service ship!    ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your business! ...

info_outline
Make More Money Using Your Year Ending Profit & Loss Income Statement show art Make More Money Using Your Year Ending Profit & Loss Income Statement

Be a PROFITABLE Badass Small Business Owner

Confused on what to do with your Year Ending Profit & Loss Income Statement? Let's walk through 5 key areas you want to focus on to make sure you can grow your sales and your profits in your small business. I promise, we will make it nice and easy.  :-) ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your business!   ...

info_outline
Here is What Holds the Key to You Crushing Your Sales & Profits! show art Here is What Holds the Key to You Crushing Your Sales & Profits!

Be a PROFITABLE Badass Small Business Owner

It is never too late for your small business to start crushing it! The biggest tool you have to do this is your business numbers. They layout the roadmap to sales and profits. Let's discuss how you use your numbers and the impact they have on your success. Not just to start the year right, but at any point you are ready to take your small business to the next level and start crushing your sales and profits!  ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A...

info_outline
Is Your Business Ready for the New Year show art Is Your Business Ready for the New Year

Be a PROFITABLE Badass Small Business Owner

The Calendar is ready to flip over, Is Your Business Ready? Or will you just keep getting what you got in 2024? It is never too late to pivot and adjust. Let's get you set up for success with a few tips to get you headed in to the right direction and to maximize your New Year kickoff!  Recommended Book from the Video: πŸ‘‰ The 12 Week Year - Brian Moran & Michael Lennington -   ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check...

info_outline
This Bad Habit is Costing Your Business Thousands of Dollars! show art This Bad Habit is Costing Your Business Thousands of Dollars!

Be a PROFITABLE Badass Small Business Owner

What if I told you that you might be leaving thousands of dollars of profit on the table all due to one bad habit? Would you want to stop doing this? If you want to make more money in your small business, forget sales for a moment and start doing this instead! ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your business!     ...

info_outline
Cost of Goods Sold for Beginners: 10 Things You Should Know show art Cost of Goods Sold for Beginners: 10 Things You Should Know

Be a PROFITABLE Badass Small Business Owner

You have heard of COGS or Cost of Goods Sold, but do you know what they are and why they are important to your small business?  Let's take a look at 10 things you should know about cost of goods sold.  ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your business!      πŸ‘‰ Watch on the Youtube Channel - Plus...

info_outline
Are You Paying Yourself Wrong in Your Small Business? show art Are You Paying Yourself Wrong in Your Small Business?

Be a PROFITABLE Badass Small Business Owner

Many small business owners wonder how to pay themselves in their small business. Afterall, you are in it to make money! So what is the best way to pay yourself and what mistakes do a lot of small business owners make when paying themselves? I know you want to make profit!  ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your...

info_outline
10 Things to Know about a Profit and Loss Statement show art 10 Things to Know about a Profit and Loss Statement

Be a PROFITABLE Badass Small Business Owner

Why on Earth Do You Need a Profit & Loss Statement? Why are they so difficult to understand? Maybe these 10 things can help you understand why a profit and loss statement is so critical to your small business and how you can use it to make more profit in your small business! ______   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS πŸ‘‰ Check Out the AFFORDABLE - Know Your Business Numbers Course       NEED A BOOKKEEPER?  πŸ‘‰ Check out BABO Bookkeeping.    Yep! We can help you do your bookkeeping so you can focus on growing your...

info_outline
 
More Episodes

Almost every small business owner does this at some point. Many of you are still doing it on a regular basis. Don't be one of the ones that have learned the hard way.

_____________________

 

πŸ‘‰ Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers

 

_______________________________

 

πŸ‘‰ WEBSITE: BABOLearning.com

πŸ‘‰ YOUTUBE CHANNEL: BABO Learning for Badass Business Owners

πŸ‘‰ Want to Help Support the Channel? The Badass Business Owner Tip Jar

_______________________________

 

POPULAR FREE GUIDES / TOOLS

πŸ‘‰ Free Know Your Business Numbers Reference Guide

πŸ‘‰ FREE eGUIDE: 8 Steps to Earning $100,000 in Income in Your Small Business

πŸ‘‰ FREE eGUIDE: How to Read a Profit & Loss Statement

πŸ‘‰ FREE Start Up Guide for Starting a Business

 

_______________________________

 

TOOLS TO HELP YOU RUN A BETTER BUSINESS

A profitable business Starts with knowing Your Business Numbers

 

Recommended Bookkeeping:  Quickbooks Online – My #1 Recommended Resource for Small Business Owners.

 

πŸ‘‰ Quicken - Home & Business Finances .......Great for beginners with no need for online payment options (Windows version only will do a Profit & Loss Report) – No monthly fees

 

Business Software πŸ‘‰ Housecall Pro  & πŸ‘‰ JOBBER

Online software for home service pros. Manage many day to day tasks, same time & money. Get paid quickly (they can link to Quickbooks Online) Both are easy to learn (even if you aren’t techy!)

 

πŸ‘‰ Gusto Online Payroll -  a fantastic, easy to use online payroll system. Why spend your time doing payroll yourself?

 

MailChimp – Automatically send emails to your customers and create great repeat business

 

_______________________________

 

Books I Recommend to All Small Business Owners – 5 Must Reads

πŸ‘‰ Profit First by Mike Michalowicz

πŸ‘‰ eMyth Revisited by Michael Gurber

πŸ‘‰ ATOMIC HABITS by James Clear

πŸ‘‰ Building a Storybrand by Donald Miller

πŸ‘‰ The ONE Thing by Gary Keller & Jay Papasan

πŸ‘‰ The 12 Week Year - Brian Moran & Michael Lennington

 

_______________________________

 

πŸ‘‰ ** DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

 

πŸ‘‰ ** DISCLAIMER:  I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.

 

_______________________________

 

Local Small Business Owners are the Backbone of All of Our Communities! 

 

The Badass Business Owner Podcast is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each episode, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. Learn more about pricing correctly, your business numbers & your profit and loss income statement

  

WHO IS THIS FOR: small business owners who serve their local community & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!

 

 

#KnowYourBusinessNumbers #SmallBusinessOwner #tipsforSmallbusiness