Simple Bookkeeping Basics (Guest Post)

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hands-money-piecesSimple Bookkeeping Basics For Women Entrepreneurs (Guest Post, Kendall Summerhawk)

When I first started my business, I kept track of my own receipts–income and expenses–in a very rudimentary way. I was only seeing my own clients sporadically, on a part-time basis while I was working a job, so this was sufficient.

Once I transitioned by business to full time, the tracking became more complex and cumbersome. I hired an accountant to do my taxes but still kept the task of recording my income and expenses on a two-column sheet of lined paper. 

I hated dealing with it every month and at the end of every year. It took a long time and it was not something I enjoyed or was good at. And as my business grew, as I added more expenses and dealt with several business credit cards, the complexity became overwhelming. Eventually I realized it was time to hire a book keeper to help me. 

If you're in this boat right now, read this article by one of my mentors, Kendall Summerhawk, to learn some simple things you can do to make this task more manageable until you are ready to turn over your books like I eventually did.

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3 Simple New Year’s Planning Steps For 6- and 7-Figure Growth–Guest Blog

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My 3 Simple New Year’s Planning Steps For 6- and 7-Figure Growth
Guest Blog–Kendall Summerhawk, Money, Marketing & Soul

I've been following Kendall Summerhawk for a couple of years and really resonate with her teachings. I got to meet her last year at a David Neagle event, which was a thrill for me! (see picture below) Today I am sharing a post from her blog so you can benefit from her insight and experience.

"If planning isn’t something you do easily, then you’ll especially appreciate the tips I’m sharing with you. I think you’ll find they make it easy for you to clarify your vision, to get focused on what matters most and to stretch yourself into reaching new goals."

Here is a summary of the points.

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