A bookkeeper is a critical valuable role to your business. If you don’t put the transactions in the correct category, you won’t be able to analyze and look at your financials.

Do you know your break even point? Do you know what “break even” means? These are expenses that you have to have, such as, utilities, rent, phone, etc. These need to be priced in your job or you will lose money and eventually, you will lose your business. Ask me how to figure your break even point. 

Do you know your fixed costs vs variable costs? 

Three things you need to know about your business:

#1: Know your awareness – it gives you the true picture of where/what your situations is. To get to the level of awareness, you have to be surrounded by the right level of expertise that brings you that awareness.

#2: You have to use that awareness to educate yourself to be able to make better decisions. Education on what decisions you should be making. What things you should be stopping. What things you should be keeping. What things you should be starting.

#3: Take action!! Make a decision and take action. If you don’t have a bookkeeper, what do you do? Book an appoint with me on calendly. It’s OK that you don’t know. I’m here to help you bring reality to your situation. 

If you have a bookkeeper who is providing you all this info, be thankful! Buy them a dinner because it’s rare.