The 2 Cents Business Podcast Joyce M Washington, CPA

Success leaves clues...if you pay attention you can use your past to efficiently & effectively plan for your future.  A future that makes sure that your business is as profitable as possible as soon as possible.

In this episode, I will run you through my planning process for the year and how I break it down to the quarter and months for optimal profits and time off.

Mentioned in today’s episode:


My CEO Debriefs:  012 - Quarter In Review: My Q2 CEO Debrief and 027 - Quarter In Review: My Q3 CEO Debrief

CEO/CFO Half Day Intensive - schedule a consultation to discuss it here.

Pre-Order Black Friday, Small Business Saturday, Cyber Monday Sale - Bookkeeping Bootcamp; don’t forget to use the code: BSC100


Remember, this is an open discussion.  If you have a question that you’d like me to answer on an upcoming episode, send an email to podcast@thecommoncents.com.

If you’re hanging out on social media, you can find me on Facebook, Instagram or Twitter…as @thecommoncents.

For complete show notes & links, go to:  thecommoncents.com/033

This episode is a bit of a rant/what grinds my gears because I’m tired of seeing small business owners taken advantage of by so-called virtual bookkeepers.

What kicked this up for me was seeing a post about rules for a group that didn’t want there to be “negativity” in the group surrounding calling out inexperienced bookkeepers.

So in this episode, I run down why all of this bothers me, the ulterior motives of some group owners, why it’s hurtful to business owners and professionals...and what to do about it.

I also invite you to join the notification list for a rare sale that’s coming up for Black Friday (you can join here:  thecommoncents.com/bootcamp)

RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

Thanks for listening.  Don’t miss an episode - subscribe on:  Anchor, iTunes, Spotify, Stitcher

Want to chat and hangout with me, Joyce?  You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at:  https://www.thecommoncents.com/podcast

The difference between coaching vs consulting is subtle but there IS one...and it’s one that could make or break your business.  I know it is dramatic but true.

That’s why we’re going to settle the debate between the two and give you a few clues as to who you need and when in your business.

Highlights of this episode:


01:47  The great debate between coaching & consulting

02:54  My grip/rant & soapbox

05:00  What is coaching?  And the sports analogy

07:17  The good and the bad of the ease of entry into the field of coaching

08:38  What is consulting? And continuing the sports analogy

10:22  Who you may need to work with and when


RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

Thanks for listening.  Don’t miss an episode - subscribe on:  Anchor, iTunes, Spotify, Stitcher

Want to chat and hangout with me, Joyce?  You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at:  https://www.thecommoncents.com/podcast

Profit First is still a thing.  Although the concept is easy enough to grasp, for some CEOs, implementation can be elusive.

In this episode, I walk you through if the Profit First system is right for you and your business, as well as - what it is (and isn’t), how to implement it, who it works best for, does it actually work...some alternatives and recommendations.

If you’d like to get my eyes on your business and get a personalized implementation plan, grab some time on my calendar by going to thecommoncents.com/consult

Highlights of this episode:


02:15  What Profit First is

06:29  What it is not

09:00  How can it be implemented with ease?

10:45  Some questions to contemplate before implementing this type of system

13:55  Who does Profit First work best for?

14:48  Does this system actually work?

16:00  A few alternatives to Profit First and recommendations

18:45  What to skip for now and what to do instead

21:19  How can you customize to your habits and business needs

26:00  Should you use a system like Profit First at all…


RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

Thanks for listening.  Don’t miss an episode - subscribe on:  Anchor, iTunes, Spotify, Stitcher

Want to chat and hangout with me, Joyce?  You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at:  https://www.thecommoncents.com/podcast

Messy bookkeeping and accounting that has gone undone and unchecked for too long can cost you not only money but time and tax deductions.

If you’d like some assistance with tidying up your messy accounting records, schedule a consultation so that we can chat about how we can work together.

Highlights of this episode:


00:48  A few ways that messy accounting is costly

02:29  A Messy Money Horror Story

03:03  Messy Money Lesson #1 - never give complete control of your finances to your accountant/bookkeeper

05:29  Messy Money Lesson #2 - when outsourcing anything do NOT put your head in the sand, do NOT disappear - be present and available, participate in the process

07:42  The 6 Steps to Clean Up Your Messy Accounting Records + a couple pro-tips to help you get it done


RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

Thanks for listening.  Don’t miss an episode - subscribe on:  Anchor, iTunes, Spotify, Stitcher

Want to chat and hangout with me, Joyce?  You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at:  https://www.thecommoncents.com/podcast

Getting started and staying motivated can be hard.  Especially if you’re going it alone and it seems like everybody is doing all of the right things and you’re not.  If you’re feeling like for every step forward, you get knocked back 5.

In this episode, I’m talking about the top 3 online business strategies that aren't working as well as they used to…but I’m not all bad news.  I’m not going to leave you hanging because I’m going to give you alternative strategies...what’s working now.

Highlights of this episode:


02:20  What are the top three strategies that aren’t working anymore?

02:48  Why ads aren’t working as well as they used to

06:03  Alternative 1 - problem solving for your warm audience

09:27  Alternative 2 - guest interviews and guest posting

11:08  Why income report aren’t working/connecting to audiences like they used to

14:25  Alternative - try a (free or paid) mastermind for inspiration, aspiration and accountability

15:36  Why the “big launch” doesn’t work like it used to

17:15  Alternative - the beta launch, what it is and how to make it work for you

How to get strategies that work for you - book a complimentary consultation with me


RESOURCES

Kill The Vanity Metrics Challenge

Money Matters Checklist

Resources List

WORK WITH COMMON CENTS

Virtual Accounting, Bookkeeping & CFO Services

Courses & Programs

Templates

Planners & Printables

Thanks for listening.  Don’t miss an episode - subscribe on:  Anchor, iTunes, Spotify, Stitcher

Want to chat and hangout with me, Joyce?  You can find me on Facebook, Instagram or Twitter…as @thecommoncents.

You can find all the links and additional show notes at:  https://www.thecommoncents.com/podcast