Shailey & Katie's Lemonade Stand: Design Moms Finding the Happy Balance as Work-from-home Entrepreneurs

035: Talk Nerdy to me: Business 101, Setting up shop, Taxes, Mileage, Profit/Loss, OH MY!

Episode Summary

If by any chance you thought Shailey was cool, you were wrong! It turns out she's a super nerd. Hear her talk about administration duties with the same passion as her latest flea market find. ๐Ÿ˜‚ Katie reveals how she's managed to keep her business simple and manageable. Brought to you by Checkmarks!

Episode Notes

If by any chance you thought Shailey was cool, you were wrong! It turns out she's a super nerd. Hear her talk about administration duties with the same passion as her latest flea market find. ๐Ÿ˜‚ Katie reveals how she's managed to keep her business simple and manageable! Brought to you by Checkmarks!

SHOW NOTES

Main Points:

-Numbers are important! They are how you stay in business.
-Get a separate bank account
-Get a program to track everything!
-Watch your budget
-Don't let that Tax mail scare you! (DONโ€™T IGNORE IT and DON'T feel dumb to ask for help)
-Dedicate a set time to do your bookkeeping
-You should be writing things off
-Don't be a hero! GET HELP.
-You donโ€™t have to be an expert in everything

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