Reds Records LLC

04/26/2022

03/19/2022

Small business owners do you need more time? ⏱️
Are you managing you income on a daily basis-or weekly maybe monthly. 🖥️
Is this something that you hate to do but know it has to be done.
Well I have a solution for you!
Stop stressing and worrying. 🥺
Comment "time" below and give the worries and stress away.

03/16/2022

It doesn’t have to be this hard. 😩

Are you feeling overwhelmed and defeated. 😫

Are you trying to do it all by yourself.

Is that system just not working for him anymore.

It shouldn’t be this hard to grow a business you love and have so much passion for.

But if your bookkeeping, business compliance savvy & accounting skills are lacking there is someone who can help you

And let’s be honest - Being the awesome CEO you are. You recognize that you should leave this to the experts so they can focus on what they do best and build you dream goal business.

You can do this too.

So even if you are behind on your bookkeeping right now, and are unsure of how your business financials look today. Comment below with “help” for more information about how you can get caught up, back on track to build your dreams.

02/20/2022

The 2022 tax deadline is April 18. That is 57 days away.

Are your taxes done? Do you have your books in order.

Help is only one word away.

Comment below and I'll reach out.

02/14/2022

Are you ready to take control of your financial future in 2022?

Yes, I am talking to you busy business owners.

Every year you make the same false promise that you will get your bookkeeping done on time.

You will know and understand your financial situation better this year.

But here you are realizing that you've barely touched your books at all in 2021

You truly are not sure how your business performed - other than you have money in your bank account - and well that's good!

I get it, you have been busy doing what you love and letting you books fall behind.

Luckily for you - there are people who help with this Exact thing…

& This is EXACTLY why Reds Records was started. I want to help you get on track for 2022. This is your year to grow and scale your business.

And Exactly what your next steps to bookkeeping bliss truly look like so you NEVER have to feel at a loss again.

SO are you ready?

Comment “help” below so I can reach out.

02/03/2022

**Unpopular Opinion**
Paying Taxes is better than losing money year after year from over spending…

Yikes.🥺

Some of you have gotten some cocktail advice on how to handle your tax burden.

That might look something like “Just spend more money”

…Runs to the nearest Best Buy by December 31st…

To buy more lap tops you didn’t really need.

Now, IF you are in a scenario where you absolutely DO need something in your company… You should buy it.

But buying and spending for the sake of decreasing your tax burden is for amatuer hour.

3 Reasons:

Spending 100 Dollars to save 40 Dollars… well it's not great business practice.
You are distorting your Net Income & Business Financials - which you will want to be accurate if you ever plan to exit your business, bring on a partner, or potential investors.
Cash is KING - the More capital reserves you can keep in your business the more likely it can survive any future storms.

Now if you are not quite there yet - but taking this pretty seriously you already know…

Winners never WIN by trying to Cheat the system.

There are hundreds of strategies that can help you decrease your tax burden in ways that don’t require going on and unloading your bank account.

Ways that Value Profitability

My clients are in business to MAKE money, Not Spend it all.

They value strategies that uncover

Where they are overspending

Where they could be more profitable

And how to make a bigger impact with their business!

If you got value from this comment below and share with a business minded friend.

02/02/2022

Hey, I am writing out a document right now that gives you my best techniques to clean up your inbox- I was making it for my team but thought some of you might want it too- Who is in? Comment I'm in below."

01/29/2022

“When I am more profitable, I’ll hire someone to help me be more profitable”

Typically, entrepreneurs like yourself don’t really understand where all of their cash has gone to.

“We made 500k this year - why is there no money in the bank”

The good news is - it’s my job to be able to tell you exactly where you did spend it all.

In fact - without even looking at your financials I can tell you where it has all gone if you are experiencing this disappearing cash phenomenon currently.

Towards Tax Liability - Either federal, state, or local you should expect to pay a decent amount in taxes each year!
Paying off Debts - Yes the loans and notes you have for start-up costs, equipment, or infrastructure do need to be paid back.
Operating Costs - Whatever is required for your business to operate day to day and reach its full potential.
Finally, Profit distributions! To you, any investors, or partners.

These 4 areas of your business are all necessary so it's really just about managing how all 4 work together and being reasonable with the revenue being generated month after month.

The first step in keeping more cash in your bank account is actually discovering where the cash is going and what buckets it is falling into.

You can ask your current accountant or bookkeeper to help you do this.

Of course - if you do not have one currently - feel free to reach out to me.

Once you are clear on these four buckets that affect your cash flow you can game plan how to move forward in your business.

It’s time to make decisions about how to move forward profitably, leave the stress of “not knowing” in 2022.

Comment below if this was helpful to you or a tag a friend in business who might see this as valuable!

01/28/2022

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