How to make sure you can retire with your small business

You are working a 9-5 and hate waking up early, asking for time off, and living paycheck to paycheck. You decide to turn that little hobby that gives you peace into a business. That business is growing. Now, you are thinking about either leaving that 9-5 or growing your business big enough to leave that 9-5. But how? How can you make sure once you leave that 9-5 you don't go back to working a 9-5?

Most people think that those factors depend on how good your service, products, or marketing is. Even though all of those factors are important, the biggest factor is FINANCES. To determine your longevity you have to look at your financial reports. These financial reports help you to see which product or service needs to be discontinued or advertised. These financial reports help you to see if your prices are pushing you toward your goal or pushing your goal back. These financial reports can help you to see if one day you can retire, get employees, and still make money. (who wouldn't want that? ) These reports are important and you should be looking at them!

Now, I get it. You're probably thinking " Where do I start?" or " I do not want to do that." I was once like that too with my eye lashing business. Looking at finances was not what I want to do... AT ALL. Once I realized that looking at finances was the only way I could achieve my goals; I loved getting the monthly reports. Now, I do this for other small businesses who want their businesses to grow big enough to attain their goals.

At BM Bookkeeping, I can take the burden of looking at many statements and receipts and turn them into reports which help you show where your business is going. I offer free consultations to help you see how I can help you attain your goal to be in Tahiti while at the same time getting deposits into your account. Sign up for a consultation today!