Get Comfy with Numbers | Making Bookkeeping & QuickBooks Easy for Female Entrepreneurs, Bookkeeping for Small Business, Business Finance 101

060 The Easy Way to Price Your Services and Reach Your Sales Goals

You have your sales goal now let's figure out how we are going to meet that goal.  I want you to look at the packages that you offer in your business. Even if you are just working with the average prices of your low, medium and high offers, whether they be packages, products or services. Then start to play around and calculate how many of these would you need to sell in order to meet your sales goal?  Step back & ask: R: Is this realistic? Would you be able to make these sales within the time frame you're looking at? A: Average dollar per hour? Are you comfortable with the average amount you're earning in an hour? V: Value reflect your expertise & experience? Gut check? Does it feel like a fair and clean exchange for your level of expertise? E: Equivalent to competition? How to your prices compare to others in your industry?   Here are the ways we can connect: SIGN UP FOR EMAILS: https://erikamillard.myflodesk.com/podcast   Reach me: https://erikamillard.com/contact Learn: www.erikamillard.com Email: connect@erikamillard.com Instagram: @erika_millard   New Tool: Take Home Target erikamillard.com/takehometarget     Mini Course- Get Comfy with Budgeting https://erikamillard.com/budget   Get Comfy with QuickBooks https://erikamillard.com/get-comfy-with-quickbooks   Don’t forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist      Happy Bookkeeping!    

059 Avoid This Costly Mistake When Setting Your Sales Goals

Today we’re continuing our series on business expenses. Be sure to go back and listen to Ep 57 to calculate your expenses and and Ep 58 to calculate your wish list first so you can keep analyzing your business finances right along with me. Today we are covering the best way to align your pricing and your sales goal. I’ll be going over how to plan for and cover the taxes you’ll need to pay, your expenses, and your investments before you finally get to pay yourself. This is how you get to your true sales goal   Here are the ways we can connect: SIGN UP FOR EMAILS: https://erikamillard.myflodesk.com/podcast   Reach me: https://erikamillard.com/contact Learn: www.erikamillard.com Email: connect@erikamillard.com Instagram: @erika_millard   New Tool: Take Home Target erikamillard.com/takehometarget   Mini Course- Get Comfy with Budgeting https://erikamillard.com/budget   Get Comfy with QuickBooks https://erikamillard.com/get-comfy-with-quickbooks   Don’t forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist      Happy Bookkeeping!

058 Your Business Wish List: Dream Big & Spend Smart

Have you ever felt like you want to invest in your business but aren't sure where the money will come from? Today I’m teaching you how to prioritize and qualify your wish list, align it with your sales goals and make sure your investments don’t mess with your take-home pay.   We love lists and organization, but we don’t always feel warm and fuzzy around the idea of a budget. So, from now on we’ll refer to our budget as our “business wish list.”   Think of everything you’d love to invest in: new software, a VA, branding photos, courses, coaching, office space, upgraded equipment, etc. We’re just brainstorming here so feel free to think big.   Once you have your business wish list, prioritize the ideas that will generate revenue, save you time, and move you forward professionally.   I hope you accept my challenge to organize your business wish list. DM or tag me on Instagram with your ideas!   Here are the ways we can connect: SIGN UP FOR EMAILS: https://erikamillard.myflodesk.com/podcast   Reach me: https://erikamillard.com/contact Learn: www.erikamillard.com Email: connect@erikamillard.com Instagram: @erika_millard   New Tool: Take Home Target erikamillard.com/takehometarget     Mini Course- Get Comfy with Budgeting https://erikamillard.com/budget   Get Comfy with QuickBooks https://erikamillard.com/get-comfy-with-quickbooks   Don’t forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist      Happy Bookkeeping!

057 How Much Does Your Business REALLY Cost? (And Why You Need to Know!)

Do your business costs feel as sneaky as your toddler? It's easy to feel like you’re just reacting to things that come up but knowing your true business costs is essential for smart financial decisions. Understanding your costs is key. The impacts of not knowing your expenses are stress, cash flow issues and pricing problems. Understanding costs helps you set realistic goals, avoid suprise expenses and feel confient about your financial decisions.  What to Track:  Step 1: List out all your monthly expenses (Examples: software subscriptions, website hosting, marketing tools, office rent, internet, insurance, payroll, etc.). Step 2: List out annual expenses (Examples: domain renewals, business licenses, tax prep, professional memberships, yearly software renewals). Step 3: Don’t forget variable expenses—advertising, professional development, occasional tools. Tip: Go through your bank statements and QuickBooks reports to catch anything you may overlook.   How to Make Your Costs Work FOR you: Categorizing expenses: essential vs. nice-to-have. Cutting unnecessary costs or finding alternatives. Planning ahead for annual charges—setting aside money each month.   Knowing yoru costs is one thing, but how do you turn that into a solid income goal? That's exactly what I walk you through inside Take Home Target. It’s my step-by-step system to make sure your prices actually support the paycheck you want. No more guessing!If you’re not sure if your prices cover your costs AND your paycheck, Take Home Target helps you break it all down easily!   Here are the ways we can connect: SIGN UP FOR EMAILS: https://erikamillard.myflodesk.com/podcast   Reach me: https://erikamillard.com/contact Learn: www.erikamillard.com Email: connect@erikamillard.com Instagram: @erika_millard   New Tool: Take Home Target erikamillard.com/takehometarget   Mini Course- Get Comfy with Budgeting https://erikamillard.com/budget   Get Comfy with QuickBooks https://erikamillard.com/get-comfy-with-quickbooks   Don’t forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist      Happy Bookkeeping!

056 What I'm Spending Money on in Q1 & How to Feel Good About It

New year, new you! (Even for your business.) I’ve recently been inspired by Mara Kucerik and her transparency about her business spending. Today I’m sharing with you my really intentional spending plan for Q1, how I chose the ways I want to spend on my business, and how I saved for them. I love to get all of my thoughts down on paper. I make a list of everything I want to buy and I research the average cost. Here are the ways I’m investing in my business in 4 ways in Q1: A new team member! Automation with Beth   Zapier Rebranding  I’m so excited. I knew exactly how much I would need to save up for the investments I wanted to make this quarter and made sure was ready. Bottom line, having a list helps. I knew the goal amount of money I should be saving for and it felt fantastic. I would love to hear from you what you’re investing in this quarter?    Here are the ways we can connect:   SIGN UP FOR EMAILS: https://erikamillard.myflodesk.com/podcast   Reach me: https://erikamillard.com/contact Learn: www.erikamillard.com Email: connect@erikamillard.com Instagram: @erika_millard   Mini Course- Get Comfy with Budgeting https://erikamillard.com/budget   Get Comfy with QuickBooks https://erikamillard.com/get-comfy-with-quickbooks   Don’t forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist      Happy Bookkeeping!