Olive and Felix, LLC - Boutique Business Management and Bookkeeping

Olive and Felix, LLC -  Boutique Business Management and Bookkeeping Giving you the time and peace of mind to focus on your business.

We offer Business Management Services including:
Bookkeeping and data entry
Prepare accurate and timely financial statements
Business Consulting Files Sales Tax Returns
Bill Payments

I’m still here! This is me at my brick and mortar business, which is back to in-person fitness classes! How fun it’s bee...
07/31/2021

I’m still here! This is me at my brick and mortar business, which is back to in-person fitness classes! How fun it’s been!

I have been getting back to in-person life so although I’ve been away from Instagram, I’m taking on new clients!

Need accounting and bookkeeping help? I’m your gal! DM me to set up a call!

✨LA has never been so quiet✨What a year. This street is usually busy and vibrant, but this year it has been quieter than...
12/16/2020

✨LA has never been so quiet✨

What a year. This street is usually busy and vibrant, but this year it has been quieter than I’ve ever seen. I don’t like it! But the silver lining is less traffic 🙃

I’ve been thinking a lot about the silver linings of Covid. A big one for me is having the time and space to step back and see the big picture of my operations. I’ve been able to learn a lot from my business being mandated closed, and how it will change me and my business operations moving forward. Silver lining!

I love what I do! And that hasn’t changed. But I love to think of ways to constantly improve the status quo. And one of the big ones for me that keeps coming up as I reflect on what I’ve learned this year, is that I don’t allow myself enough space for myself and for my family. I need to ask for help more often. I need to delegate!

I have a great team! And I’m going to delegate more to them. Because I know that not only can they handle it, they love new challenges too!

As a business owner who has started a company from scratch, I know that when you're used to doing it all sometimes the hardest part is letting go.

But delegating is the sign of a good manager, knowing when to give your team the responsibility to do what needs to get done. And letting go to give them confidence to follow through.

DM me if you need help delegating. I have some ideas;)






















✨Tax season is around the corner✨The thing about tax season is it doesn't have to be stressful. Just like anything, it's...
12/01/2020

✨Tax season is around the corner✨

The thing about tax season is it doesn't have to be stressful. Just like anything, it's only stressful if you're not prepared.

And that's what I'm here for! To take the stress off of you and ensure you're ready and organized for tax season!

This is the time of year to consider your plan. And if you don’t have one shoot me a DM! I help my clients get organized and feel stress free during tax season!

















What is bookkeeping?Bookkeeping is simply another way to say “keeping records of all the financial transactions of a com...
11/27/2020

What is bookkeeping?

Bookkeeping is simply another way to say “keeping records of all the financial transactions of a company.”

Why do I need an accountant?

Owning a business isn’t like working a job, you are responsible for everything and you need to delegate the work. To be successful you must surround yourself with smart people who are good at your weaknesses - Delegate the bookkeeping to me!

With November coming to a close, year end is closing in on use. Having your bookkeeping up to date is essential to ensure you know and understand where your business stands financially, and in order to file your tax returns on time.

Sign up before the end of the year and get the setup fee waived! DM me for details!




















Counting down to the weekend is a grind.It’s old fashioned to think your job can’t be enjoyable or that the countdown to...
11/18/2020

Counting down to the weekend is a grind.

It’s old fashioned to think your job can’t be enjoyable or that the countdown to the weekend and ultimately retirement is a necessary evil.

Part of what I do is consult on making minor adjustments to make big changes. I can help you think about how to make adjustments in your role as a business owner, to design it into something that makes it more enjoyable.

You’re always working. Let’s make it fun! And more profitable!

I help you look at the big picture, dissect what you love and what you’d rather hire someone to do, and make your business strong and your work fun. Sometimes delegating work and freeing yourself up to do something you enjoy will make a business more profitable! It’s truly possible!

I provide everything you need in an accountant from consulting, to bookkeeping to tax prep. DM me for info!

Hi from my office✋🏻✋🏾✋🏿Feeling grateful for unlimited data 😂 I sit in my car a lot these days emailing and making phone ...
11/10/2020

Hi from my office✋🏻✋🏾✋🏿

Feeling grateful for unlimited data 😂

I sit in my car a lot these days emailing and making phone calls. I can’t go to coffee shops (pandemic problems) and my kids are distance learning at my house (I.e. it’s impossible to work there!) so I’ve turned my car into my office!

Anyone else working from their car these days or is it just me 🤔




















Keep those receipts! 🧾If you're a small business, all expenses over $75 are required to be kept on file. The IRS require...
11/09/2020

Keep those receipts! 🧾

If you're a small business, all expenses over $75 are required to be kept on file. The IRS requires the receipt to show itemized detail, which is why using just your bank statement is not sufficient.

But it doesn’t have to be hard if you have a system! I’ve had people literally hand me a show box full of receipts, please don’t do that 😉

I use the app and it's so easy! Just take a quick snap of the receipt, and you'll have a record of everything all in one place!

DM any questions you have about keeping your financials organized. It doesn't have to be stressful!














Don't wait to collect that W-9!If you know me, you know I'm not a fan of procrastination. It causes a lot of unnecessary...
11/05/2020

Don't wait to collect that W-9!

If you know me, you know I'm not a fan of procrastination. It causes a lot of unnecessary stress.

If you employ a contractor, you will report how much you paid them on a 1099 Form. In order to have the information needed to complete the 1099 at the end of the year, you will need to have a W-9 from your contractor.

You’ve probably heard this before, and it couldn’t be more true. The best time to collect the W-9 is before you pay your contractor, that way they're more likely to get it to you 😉

Have questions about who is eligible to be paid as a contractor vs. an employee? Post below or DM me!

I love coffee everyday.But especially today! I drank coffee and spent some time today on self care. We need it today as ...
11/04/2020

I love coffee everyday.

But especially today! I drank coffee and spent some time today on self care. We need it today as we collectively hold our breath, waiting 🙏🏼 🙏🏾🙏🏿

What are you doing for self care? Extra coffee anyone?!🙋🏻‍♀️





















Take a breath 🙏🏼🙏🏾🙏🏿If you have voted, you've done your part.Now it's time to dive back into work, move your body, or fi...
11/03/2020

Take a breath 🙏🏼🙏🏾🙏🏿

If you have voted, you've done your part.

Now it's time to dive back into work, move your body, or find an artistic outlet to take your mind off of what you can no longer control.

We’ve got this!




















Happy Halloween! 👻Nothing like a good costume for those zoom meetings 🐻 👩🏻‍💻
10/31/2020

Happy Halloween! 👻

Nothing like a good costume for those zoom meetings 🐻 👩🏻‍💻

✨How much do you spend each week?✨✨What is your profit?✨I hear all too often that an entrepreneur doesn't know what thei...
10/28/2020

✨How much do you spend each week?✨

✨What is your profit?✨

I hear all too often that an entrepreneur doesn't know what their break-even point is. But this is essential!

This is common, not because business owners aren't smart or know what they're doing, but because it’s hard. Because numbers are hard and there's so much to do day-in and day-out, that financials often get put off.

When I first started my business, I own and , balancing the books was the last thing I had time to do!!!There was just so much to do and it was easy to put off the numbers!!! So even though my training is in accounting, it was not my priority.

When I look back on those early days, I can only imagine a lot of the stress and hard work could have been handled better if I had stepped back to take a look at the big picture and did a more regular analysis of the numbers.

Tracking your expenses, knowing where to save and where to invest within your company, and delegating the financial work if you need, will help you so much in the long run.

DM me with questions and for help with a plan to track YOUR numbers!

Address

Santa Monica, CA
90401–90411

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