modernchicaccounting
Aug 15
22
2.03%
If you want to have a successful beauty business, then you have to know your numbers! Are you overspending on back bar? Are you overspending on business meals? Are you paying high merchant fees? The only way to know the answers to these questions is to do your bookkeeping every month.
If you are just relying on your monthly sales report, we need to chat.
There is a HUGE difference between what you sell and what you make.
That difference is in your business expenses.
You could have $10k in sales and a $6 profit. You could also have $20k in sales and have a $1k profit. That's a big difference.
I get that you have an easy report from your point of sales software that tells you your sales everyday, but you need to have just as close of an eye on your expenses.
And I get it, bookkeeping isn’t fun and sexy, but it is the life line to your business.
If you want to know your numbers, and how much you can / should pay yourself or which business structure is best for you, let’s chat.
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#beautyaccountant #beautycoach #financialadvisor
#knowyournumbers
modernchicaccounting
Aug 15
22
2.03%
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