What a Creative Business Owner Needs to do Every Month in Their Finances
“I don’t understand my business numbers”
Sounds familiar? If you’re a boutique owner or creative business owner, this is for you
Most creatives focus only on sales, but it is PROFIT (the money that you have at the end of the month) that actually makes it all worth it.
It is profit that provides for your family and gives you more freedom to be with your kids. It is profit that lets you sleep at night and stop laying awake at night stressed about not having enough.
After just getting through the tax deadline, you may be feeling it right now. Ready to make next year better and conquer your fear of numbers?
Make a weekly date with your numbers and look at your Profit and Loss Statement.
What to look for:
Were your sales goals met? If not, why?
What are your highest expenses? Can you cut costs? Are the expenses bringing you a benefit today or will they in the future?
How do you feel about your income? Do you need to pivot anywhere? Change anything with inventory?
What is your PROFIT goal for this month?
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