Blog - SMI Financial Coaching

Start Up + Organization

Woman writing a business plan on a laptop with red nail polish on, and a coffee cup.

How To Write a Business Plan

This one document could change the trajectory of your business. Discover how to write a business plan, including examples and what to put in it. Have you ever sat down to create a business plan? Lots of small business owners skip over this critical step. But it’s so important. If you haven’t established one yet,…

Business coach sitting in living room with woman discussing finances.

How to Become A Financial Coach

Do you enjoy helping people with their finances? If you have ever wondered how to become a financial coach and start your own business, then read on! This guide is just for you. Starting your own business is both rewarding and overwhelming at the same time. You can set your own hours and there are…

3 Keys to Success When Hiring Employees

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,…

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Finance + Taxes

How to Read a Profit and Loss Statement

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?

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 Create a Business Budget

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…

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Products + Services

How to Earn Money with Affiliate Marketing

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…

7 Tips for Getting Testimonials to Boost Business

How many prospects and clients have decided to reach out and work with you based on testimonials and online reviews? Testimonials are powerful ways to building credibility for your business and brand. The best time to ask for a testimonial and review is shortly after your client has experienced a success and big win after…

The Surprising Secret to Accelerate Your Small Business Success

Are you spending money on the right areas of your business that will make a difference in your bottom line? Many small business owners tend to spend money on the wrong things to grow and maintain their businesses. Or they don’t invest in the right products and services at the right time to create the…

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Tools + Resources

Man analyzing accounting software and debating between freshbooks vs quickbooks.

FreshBooks Vs QuickBooks – Which is Best for Your Small Business?

As a small business owner, you likely know that you need to keep track of your income and expenses. If you’re like most, you may have even narrowed your accounting software down to two great choices: QuickBooks and FreshBooks. However, when you compare FreshBooks vs. QuickBooks, it can be hard to know which is the…

Woman learning how to use Zoom conference call app.

Free Conference Call Apps for Client Calls

These are the best free conference call apps to use for conversations with your clients. Each of these systems are easy to use and increase your professionalism during meetings. Business owners: just because you work remotely, doesn’t mean you don’t have any more meetings or you have to miss out on seeing the facial expressions…

How to Get Contracts Signed Sooner

When you have a prospect who is excited to start working with you, what are your next steps to make it official? If you’re jumping straight to sending an invoice, I would recommend that you first send a contract. In the contract, you want to include what the customer is buying, terms and conditions, costs,…

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Inspiration + Success

7 Tips Before Investing in Vendor Booths

Conferences and trade shows can be a great way to showcase your company’s products and services. I’m a huge advocate for attending small business conferences to build your network of colleagues and potential prospects. The costs to attend a conference should be viewed as an investment in your business, especially if your ideal target audience will…

15 Lessons Learned from CampFI

I’m a huge fan of attending small business conferences. The ability to disconnect from your day-to-day routine to learn and build relationships with colleagues and influencers is always worth the investment, and I recommend adding conferences as a line item in your continuing education budget. While my must-attend each year is a financial media conference…

9 Tips to Getting Invited to VIP Events

Have you ever been to a conference and wondered how some people get invited to special VIP events and dinners by brands and key influencers? I know how it can feel to be an outsider, especially as a new attendee to a conference. As a newbie, it can seem like everyone already knows each other,…

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