Shailey & Katie's Lemonade Stand: Design Moms Finding the Happy Balance as Creative Entrepreneurs

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

Mar 5, 2017 · 51 min · Season 1 · Episode 35 · 49.4 MB
0:00-51:19

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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. 😂 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! (DON’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 don’t have to be an expert in everything

Track your miles with Mile IQ!!!!!! (Get 20% off if you want to try it with this link) https://www.mileiq.com/invite/GNRKU

shaileymurphy.com
ohkatieday.com