Sylvia Inks, Author at SMI Financial Coaching

72 posts, 32

Sylvia helps small business owners become confident by learning the business and financial skills to succeed and become profitable.

How to Earn Money with Affiliate Marketing

Sylvia Inks

commission, income, sales

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If you have a small business or an influential blog, you can earn extra income with affiliate marketing. This affiliate marketing for beginners post will show you why this is a viable option for many businesses, and how to begin. When you started your small business, you probably focused on being great at your one…

3 Keys to Success When Hiring Employees

Sylvia Inks

employees, organization

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Do you currently have employees? If you don’t, this is the best time to be reading this post. If you do have employees or freelancers, what has been your biggest challenge? I’ve seen businesses flourish when they have a star employee, but struggle and sometimes fail when their star employee quits. It can be stressful,…

How to Read a Profit and Loss Statement

Sylvia Inks

accounting, financial statement, profit and loss, reporting

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Do you know how to read and understand your profit and loss statement? I’ll explain what a profit and loss statement is and how to read one. Being familiar with a profit loss statement is crucial for any business owner. This one report will show you how to earn more money in your small business…

How Do You Build Business Credit?

Sylvia Inks

credit score, financing, payments, terms

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How do you start building and establishing your business credit? Do you know why you weren’t approved for that business loan that you recently applied for? Business credit doesn’t work exactly the same a personal credit, so you’ll want to understand the key differences. Otherwise, you might not get the best terms or interest rates…

How to Pay Less Credit Card Fees – FreshBooks ACH

Sylvia Inks

bank transfers, cash, cash flow, credit card fees, invoice, payment

Do you hate accepting credit card payments because you don’t want to pay the transaction fees? Have you tried to avoid transactions fees by only accepting cash or checks as methods of payment? If you answered ‘yes’ to either question, then you’ll want to check out FreshBooks’ latest feature, ACH Payments. When using this accounting…

Best Accounting Software for Small Business Owners

Sylvia Inks

accounting, FreshBooks, inventory, profit and loss, QuickBooks, software, taxes, Xero

Save time and money by choosing the right tools you need to stay on track. One vital tool every business needs is great accounting software. These are the best accounting software programs for small business owners. They are easy to use and keep you organized. Most entrepreneurs are great are creating their products or delivering…

Best Tool to Eliminate Unnecessary Emails

Sylvia Inks

budget, costs, productivity, software, time

Do you have to schedule meetings to meet with prospects, clients, and colleagues? If so, how many email exchanges does it take to find a date and time that works for both parties? If you’ve had to send more than two emails, that’s one too many. Every hour that you spend trying to respond to…

How to Create a Business Budget

Sylvia Inks

budget, loss, operating expenses, profit

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Discover how easy it is to create a business budget you can stick to. This is the secret to knowing exactly what is happening with your business and what your bottom line needs to be month over month. Create a budget that you can modify on a monthly basis without feeling suffocated or annoyed. I’ll…

How to Pay Yourself as Small Business Owner

Sylvia Inks

business checking, pay day

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It might be confusing, but it’s important to know how to pay yourself as a small business owner. There are smarter ways that will make sure you earn a reliable paycheck. Are you paying yourself correctly? When you first started your business, you may have been so busy focusing on the first sale that you…

Why Your Business Credit Score Matters

Sylvia Inks

business credit, loans

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If you set up your business correctly, your business credit should be separate from your personal credit. This means your business has an employer identification number (EIN), which is NOT your personal social security number (SSN). Assuming you did this correctly, did you know that you have a business credit score? If you didn’t set…