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Update frequency:
weekly
Average audio length:
20 minutes
Has sponsors
English
United States
35 episodes
since June 20, 2023
episodic

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All businesses need bookkeeping. It’s part of doing business and it’s part of being a business owner.First you have to decide if you are going to DIY it or hire someone. But most business owners don’t have an accounting background and don’t know much about bookkeeping (and don’t really have the tim…

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Recently, I was talking to someone, and they asked me why profit mattered. I'll admit, was taken aback a bit. I felt like they were asking me why I needed to breath. It seemed so obvious to me.  Businesses need profit to survive over the long-term. And business owners need profit if they want …
Sometimes what we mistake for fear or avoidance of our business finances, is really money trauma, which is a deeper issue than just being overwhelmed or confused or fearful of your finances. Join me for a conversation with Hailee, a trauma coach, as we talk about and try to normalize money trauma.W…
Do you have an LLC but are confused about how to file your taxes? This week's podcast episode is just for you.April 15th is less than a month off, which means you need to get those LLC taxes done. Tax laws can be complicated and overwhelming., but whether you are doing your own or hiring a pro…
Freedom is my top value. It's really why I started my business.  I wanted more financial AND time freedom.It's also usually a top 3 value of my clients as well.But freedom means different things to everyone. Knowing what freedom means to you is important if you ever want to achieve it. In…
In today's episode of Purposeful Profit, I'm helping answer one of the most common questions I get from business owners:  "Should I be an S corp or an LLC?"And the answer is, they really are not mutually exclusive. You can be an LLC as a legal form AND still elect S corp status.…
The best bookkeeping system for your business is the one you'll use.A system, no matter how full featured, that you don't use, isn't any better than no system.So if you don't have a system or you aren't using the system you have and are overwhelmed by the idea of using QBO …
Is your bookkeeping system a shoebox? A file folder?A bookkeeping system provides a way to record and classify transactions and a shoe box or file folder can't do that. But not everyone needs (or wants) a full featured system like QBO. And bookkeeping doesn't have to be complicated. 🎧 Tun…
It's tax season and that often brings a lot of stress, handwringing and anxiety to business owners. But tax prep can be a breeze if you are prepared.Before you go to your tax preparer, there's some easy steps you can take to reduce the questions you get from your tax preparer and makes su…
In this week's episode of Purposeful Profit, I'm clearing up the confusion I see among small business owners around the requirements for 1099 reporting. And this confusion is leading to 1099's being issued for incorrect amounts, to people who should not receive one, not being issue t…
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