On this episode, I'm breaking down my March Profit Report and sharing my cash flow tips, quarterly goals, and more
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This episode is sponsored by my FREE training: 3 legal & tax mistakes made by creative entrepreneurs & how you can avoid them. Sign up for this free Masterclass here, and get ready to unf*ck your biz.
When I started my business, and what I commonly see with other business owners starting out, is in the beginning you have no clients, no income and very little business expenses. Then you get your first client and a little bit of income, then a second a client. And with a second client you take on a bit more business expenses. As you gain more clients you find yourself signing up for more costs - a content management system, social media scheduling platform, etc. When the year ends, we chalk our expenses up to starting out, and that the profit will come in future years. The next year we double our income, but our expenses go up and our profit not as much....
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