The Profit Factor

Welcome to The Profit Factor Podcast!

In this week's episode I'm talking all about keeping on top of your 1099s.

Every business owner in the USA is responsible for filing and issuing 1099s to certain contractors, but when it comes to 1099s, To Give or Not To Give - is the question!

If you're confused AF about who, when and HOW to give a 1099, there's no need to panic!

Press play now to learn:

• What the heck IS a 1099 and how to know who needs one
• When they're due, and how to make sure you hit that deadline, and
• Up to date info and changes to the 1099 process.

If you've paid someone in a business capacity in the last year, make sure you grab your copy of my Free Profit Plan Tool, get yourself comfy and give this ep. a listen!

Welcome to The Profit Factor Podcast!

In this week's episode I'm talking about how to review your 2021 financials in order to make 2022 your best money year yet!

Last week I talked about how to correctly close your books for 2021, and if you don't pay attention to what the numbers have told you in the past, you're never going to be able to make achievable goals for your profit future - after all, in order to get where you're going, you need to know where you've been!

Press play now to learn:

• Why you need to review your previous-year's financials to know where you're starting from in 2022,
• How using data to estimate your owed taxes will help you plan accurately for the coming year, and
• Why knowing what did and didn't work in 2021 can help you make strategic decisions going forwards

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode I'm talking about ending 2021 with a BANG by closing down your books the right way.

Ben Franklin said 'Nothing is certain but death and taxes' but only one of those things is definitely coming in the next couple of weeks, so you need to be on the ball if you want to end the tax season on the right side of Uncle Sam.

Press play now to learn:

• How to make sure you've closed your books CORRECTLY (and why you want this done by the end of January!)
• The steps to closing your books without tearing your hair out, and
• What you can do to make your tax preparer your new BFF.

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode I'm talking about owing taxes, and what you should and absolutely SHOULD NOT do!

Rushing out and spending your money on a ton of sh*t in the hopes of negating the amount you owe in tax might seem tempting - but that's not how it works! At best, you're going to still owe the taxes but have even less money to pay it with; at worst you're committing tax evasion.

Press play now to learn:

• Why throwing away your money on 'write-offs' at the end of the year won't lower your tax bill as much as you think
• Why owing taxes is a sign of a successful, healthy business and
• Why getting a tax refund should NOT be your goal

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode we are talking about ways to give back this festive season, even if your bank balance is low.

So many people believe that giving to charity means writing a large check, and if you don't have those kinds of funds you might decide to skip it altogether. But giving back to the local or global community goes way beyond the numbers in your bank account. Being able to give a part of yourself - from your heart - can be worth so much more than how many zeros on the end of the number you donate.

Press play now to learn:

• How to give back, even when the amount of money in your bank account doesn't reflect the spirit in your heart
• Ways to prioritize giving that don't feel like they're eating into your livelihood and
• Why waiting until you've 'Made It' to Pay It Forwards is a complete recipe for disaster.

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode we are talking all about investing in your business.

The whole point of running a business is to make money, but making smart investments BACK into your business can open doors to financial returns that you may have never even dreamed possible - as long as you're investing strategically.

Press play now to learn:

• How to decide if it's the right time to make smart investments in your business
• What investments are going to bring you the greatest ROI and
• The major difference between business investments and simple spending.

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast! In this week's episode we are joined by Kelly Jones, The Cleaning Girl, to discuss Six Figures and Freedom within your biz. You might be on a quest to bring in that magical six-figure income, but all the money in the world won't bring you happiness if you don't have the energy to enjoy it. A successful entrepreneur knows how to balance Profits and Purpose - and doesn't get stuck in the trap of sacrificing their freedom for the sake of their business. Press play now to learn:

• How focusing on freedom provides consistency and stability in your biz
• Why your time is far more valuable than money, and
• Ways to prioritize your freedom WITHOUT sacrificing your profits!

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode we are talking about the power of holding an Attitude of Gratitude and its impacts on our behaviors, feelings and bank balance.

Showing appreciation for what we already have instead of constantly chasing the next great thing will go a long way to improving your attitude towards money - and the balance in your bank account!

Press play now to learn:

• Why cultivating feelings of gratitude can reduce the need for chasing an impulse-spending 'high'
• How gratefulness = contentment and
• What we can learn about our finances through generosity

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

In this week's episode we are talking about the five signs that it's time to start outsourcing your bookkeeping.

Bookkeeping is a keystone to running a successful and profitable business, but if it's not in your Zone of Genius then you could be losing both time AND money by crunching numbers, when you could simply Delegate to Elevate your empire.

Press play now to learn:

• How to be the CEO of your business instead of the CBO (Chief Bookkeeping Officer)
• The real reason you're behind on your bookkeeping
• Why making decisions without consulting your numbers is a recipe for business disaster
• How managing your own books could be preventing your business from scaling to the next level

Grab your copy of my Free Profit Plan Tool, get comfy and let's go!

Welcome to The Profit Factor Podcast!

Does your partner know what's going on in the finance department of your company?

In this week's episode we are talking about how to discuss business finances with your partner. Your relationship is one built on love and trust - but how can that trust be stable when you're not being open about what's happening in your biz?

Press play now to learn:

• Why you need to keep your partner involved when it comes to your business finances - and what that actually looks like
• How their support can directly affect your business success and
• The impacts of your childhood on the way you view money