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133: Mastering Financial Systems for Small Business Success (Why it's Essential to Master This Type of System to Impact Your Taxes!) with Heather Leicy
Manage episode 420551790 series 3446970
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In this episode of the Systems and Workflow Magic podcast, Dolly DeLong interviews Heather Licey, a wedding and senior photographer, about the importance of financial systems for small business owners. Heather shares her expertise in managing business numbers and offers practical tips for setting up a weekly, monthly, quarterly, and yearly rhythm for tracking income, expenses, independent contractors, and mileage. She emphasizes the significance of paying sales tax and maximizing tax write-offs. Heather also mentions her involvement in the Conquer community and her upcoming tax course.
Takeaways
- Setting up a weekly, monthly, quarterly, and yearly rhythm for tracking income, expenses, independent contractors, and mileage is crucial for small business owners.
- Paying sales tax and maximizing tax write-offs are essential for managing business finances effectively.
- Heather Licey offers valuable resources, including spreadsheets, educational videos on YouTube, and a tax course to help business owners navigate financial systems.
- Heather Licey co-hosts the Conquer community, which provides support and education for photographers in their first one to three years of business.
Connect with Heather Leicy
SNAG Heather’s FREE resource, “The Tax-Prep System” here
Instagram- @heather.marie.leicy
Website - https://heathermlphoto.com/
Connect with Dolly DeLong
Special Codes From Dolly DeLong:
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Thanks for joining us on The Systems and Workflow Magic Podcast! If you enjoyed this episode, please:
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