taxes Archives - SMI Financial Coaching

Best Accounting Software for Small Business Owners

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

Most entrepreneurs are great are creating their products or delivering their services, but struggle with managing the finances for their small businesses. There is a lot of anxiety about dealing with numbers and confusion in using accounting systems, so many small business owners just don’t look at their finances. I find that many entrepreneurs are…

Ultimate Guide to Organizing Your Business Finances

Sylvia Inks

CPA, expenses, irs, productivity, taxes

After working with and studying many busy entrepreneurs, I found that most small business owners are great at what they do, but don’t understand the numbers. Or, they don’t know what they don’t know, and are overwhelmed trying to learn the business and financial side of running a business. I took these common mistakes, knowledge…

Importance of Good Financial Recordkeeping

Sylvia Inks

expenses, savings, taxes

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I was honored to be asked to present to a group of aspiring business owners last weekend. I completed the entrepreneurial course earlier this year and the instructor recently asked if I could speak to the students about “The Importance of Good Financial Recordkeeping.” The key lessons that I shared that resonated the most with this group were: Separate…