11/10/2020
Remember those misadventures I was telling you about? Well giddy up, it's time for one of them! 😁
So I used to find accounting a nightmare. Excel spreadsheets that I couldn't keep on top of, receipts all over the place.. the state of my affairs was simply a disaster.
But like any task that doesn't light your soul on fire - instead of dealing with it I just let it go... and then let it go some more. Hear no evil, see no evil, speak no evil right?! 🙉🙈🙊
Needless to say, a couple of years later... well, I was up s**t creek without a paddle!
I spent thousands on hiring a good bookkeeper to get my affairs up to date, and whilst they were amazing, do you know what I learned? It never even needed to get to that point!
Managing your books is actually something that's really easy to do, and doesn't take a lot of time once you have a good accounting program on your side.
It can allow you to get a much better picture of what you're bringing in, what's going out, and how your business is tracking month on month or year on year.
What are your business money makers? What areas of your business do you need to grow? Where can you reduce your spending? How do you know when it's time to register for GST?
A good accounting program can give you these insights and so much more. Not only can it give you a good picture of how your business is tracking, but it also helps to show you the areas you should be focusing your marketing efforts, to drive the kind of growth you want to see for the future.
The moral of the story - don't underestimate the power of good book keeping in your business!
And if you want to learn from my misadventures, focus on taking a PROACTIVE approach rather than being REACTIVE to ensure your business success!
My drug of choice is the Xero accounting program, but there are plenty out there. They also have an amazing mobile app to make life even easier 😁📱
If you need help or advice on levelling up your book keeping, I'm only a phone call away 😘Happy Monday everyone!
With love, KE 💖