Show notes

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Notes

Notes

IRS website for estimate taxes-=

 https://www.irs.gov/site-index-search?search=estimated+tax&field_pup_historical_1=1&field_pup_historical=1 

Look for form 1040-ES

Also look for your estimate tax form for your state!!!

 If you are looking for a bookkeeper for your small business please set up a consulation at 

 https://www.financialfancy.com/ 

A great blog exampling more about estimated taxes.

 https://www.tashararamese.com/blog/2019/3/31/how-to-pay-estimated-taxes 

Have a great day on purpose,

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Notes

I believe that you have not made a budget for your business then you have planned to fail.  The budget in your business is a direct reflection of every aspect of your business.  A budget helps set up you chart of accounts, pulling financial reports, and sets your prices.

Having your chart of accounts set up correctly to be able to pull information to stay informed with the financial health of your business.  Can you hire, are your marketing efforts bringing a ROI(Return on Investment).  Your bookkeeper should not only be pulling your financial reports but explain what it means for your business.

Bookkeeping Terms:

Chart of Accounts-  https://www.accountingtools.com/articles/2017/5/14/the-chart-of-accounts 

Accounts Receiveable-  https://www.investopedia.com/terms/a/accountsreceivable.asp 

Budget Balance Sheet-  https://smallbusiness.chron.com/budgeted-income-statement-22939.html 

Profit and Loss-  https://www.investopedia.com/terms/p/plstatement.asp 

Balance Sheet- https://www.investopedia.com/terms/b/balancesheet.asp 

Website that help with your business-

 https://www.irs.gov/ 

 http://www.scc.virginia.gov/ (every state has its own website, check out your states)

Favorite Small business owners to help in your business:

Marketing/Website:  https://www.about90marketing.com/ 

 Small Business Development Center: https://sbdclyhr.org/ 

How to stay connected with me:

 www.financialfancy.com

(804)491-8184

Pinterest:  https://www.pinterest.com/FinancialFancy/

LinkedIn: https://www.linkedin.com/in/charesechambers/

IG:  https://www.instagram.com/financialfancyllc/

"It is in your consistency, where you will find your WIN!"~Charese Chambers

Episode #2 - In this episode we cover the one thing that gets looked over many times at the beginning of starting a business-START UP COST. Most entrepreneur dont believe they can count expenses spent for the business before becoming "official".

Bookkeeping Terms:

Entities-  https://www.thebalance.com/business-entities-3193420 

Capital Expense- https://www.accountingcoach.com/blog/capital-expenditure-revenue-expenditure 

Chart of Account- https://www.accountingcoach.com/search?q=Chart+of+accounts&stp=1 

My favorite website resource:  

https://www.irs.gov/ 

Media Editing: (IG:  https://www.instagram.com/dawain21/?hl=en 

Musical Track: IG:  https://www.instagram.com/mtthwhudson/?hl=en 

How to stay connected with me:

www.financialfancy.com

Pinterest:  https://www.pinterest.com/FinancialFancy/

LinkedIn: https://www.linkedin.com/in/charesechambers/

IG:  https://www.instagram.com/financialfancyllc/

"It is in your consistency, where you will find your WIN!"~Charese Chambers