Oftentimes entrepreneurs start a business with a grand idea and then immediately move into action. Before you know it, we're in the thick of things and we have not taken to time to understand if our business is profitable or not.
So, Is your business profitable?
The best thing you can do as a small business owner is take some time out every month to comb through your expenses and list them out on a spreadsheet. This will make your life a lot easier at tax time.
Monthly Financial Strategy Session