MWH 284 : Top Tips For A Successful End Of Financial Year with Lisa Turner
It’s almost the end of a financial year! On this week’s podcast episode, I’m bringing on a lovely member of my Social Method Society and we’re going to talk about the importance of knowing the numbers in your business. So you could make strategic money-making decisions in your business and also start paying yourself consistently!
I’m sitting down with Lisa Turner! She is the numbers fanatic behind Accounted For You – a bespoke bookkeeping practice for women in business.
Listen to this episode to learn:
- Lisa’s top tips for a super smooth end of financial year:
- 1) Keep your bookkeeping up to date (aim for weekly or a minimum of monthly).
- 2) Call your accountant for a strategic tax planning review (ideally during May or early June).
- 3) Do stocktake if you sell physical products and consider an end of financial year sale.
- 4) If you have employees and you want their pay to be recognised as an expense for this current financial year, make sure you pay them before June 30.
- Some helpful resources / services you can use such as HubDoc.
Girlfriend, it is really important to know that when you can manage your money and what’s coming into your business, you can make smarter decisions. As Lisa said, it’s also important to value yourself as your business’s most important employee by paying yourself. Do it!
(Is your money mindset keeping you small? Read here>>>)
This episode is proudly sponsored by my membership, the Social Method Society. If you would like to get into the Society and start growing your business alongside like-minded women in business just like Lisa, go to www.socialmethodsociety.com and pop your name down on the waitlist!
If you loved this episode, leave me a review! I would super appreciate it. Also let me know what tips you would use for your own business by sending me a direct message on Instagram @mumswithhustle or shoot me an email at firstname.lastname@example.org
Until next week, stay happy in your hustle!
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As the founder and CEO of Mums With Hustle, I have the best day job in the world: teaching entrepreneurs how to grow their beautiful businesses online. When I started the business, that was everything I wanted, but since then, it has grown into something much bigger. Now, I get my joy from helping women find their zones of genius within a community that truly celebrates their success. I truly believe that when women choose to band together, we can do anything - and if you feel the same, there’s a place in the MWH community for you.
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