CORE Connect Consulting’s Post

🚀 Hey Entrepreneurs, How’s Your Cash Flow Looking? As we approach the busiest time of year for retail, the cash you generate now is key to navigating the January lull. Yet, I often see entrepreneurs focusing solely on the short term, missing the bigger picture of peaks and valleys that come with long-term cash flow planning. According to the Intuit QuickBooks Small Business Cash Flow Report: 📉 61% of small business owners have struggled with cash flow. 😟 32% found cash flow challenges more difficult than expected. The good news? There are proven strategies to help: 💡 Build and maintain cash reserves. 📈 Improve accounts receivable processes. 💳 Manage expenses strategically. 🛠️ Leverage financial tools and technology. 💰 Diversify revenue streams. 📊 Explore financing options. ✅ Practice proactive financial planning. Surveys consistently show that cash flow is more than just a concern—it’s a critical factor for small business survival across industries. If cash flow feels like a challenge for your business, let’s connect! 💼 I’d love to discuss how we can implement these strategies to help your business thrive. #SmallBusinessTips #CashFlowManagement #BusinessSuccess

𝗦𝗽𝗿𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗶𝘀 𝗠𝗮𝗿𝗰𝗵 𝘄𝗶𝘁𝗵 𝗙𝗶𝗴𝘂𝗿𝗲𝗱 𝗢𝘂𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲! 🌱 𝗛𝗲𝗹𝗹𝗼 𝗠𝗮𝗿𝗰𝗵! With the freshness of spring upon us, it's the perfect time to rejuvenate your business strategy and ensure your financial growth is on track. 1️⃣ Set your March milestones. What financial heights do you aspire to reach this month? Define clear targets for a focused path forward. 2️⃣ Tidy up your finances. Just like a spring clean, streamline your business finances. Scrutinize your processes, cut out the excess, and polish your fiscal plan. 3️⃣ Embrace the season of new beginnings by refreshing your approach. Inject innovation into your marketing, consider strategic partnerships, or freshen up your product line. 4️⃣ Keep a keen eye on your financial health. Review your budget, analyze your expenses, and measure your revenue to keep your business blooming. 🔄 𝗪𝗶𝘁𝗵 𝗙𝗶𝗴𝘂𝗿𝗲𝗱 𝗢𝘂𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲, 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲 𝘀𝗽𝗿𝗶𝗻𝗴 𝗽𝗿𝗼𝗺𝗶𝘀𝗲 𝗶𝗻𝘁𝗼 𝘆𝗲𝗮𝗿-𝗿𝗼𝘂𝗻𝗱 𝗽𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆. 🌟 Book your free strategy session at https://lnkd.in/gJ3Qzbrb and let's plant the seeds for a flourishing financial year. 📞 𝘗𝘳𝘦𝘧𝘦𝘳 𝘵𝘰 𝘵𝘢𝘭𝘬? 𝘋𝘪𝘢𝘭 𝟴𝟶𝟭-𝟵𝟵𝟵-𝟴𝟲𝟭𝟰. 𝘞𝘦'𝘳𝘦 𝘩𝘦𝘳𝘦 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘺𝘰𝘶 𝘨𝘳𝘰𝘸. #SpringIntoSuccess #MarchGoals #FinancialGrowth #FiguredOutFinance #HelloMarch #ProductivityTips #VirtualBookkeeping #RemoteBookkeeper #BookkeepingPro #Bookkeeper #BookkeepingTips #Accounting #Bookkeeping #CloudBookkeeping #BusinessOwner #EntrepreneurLife #Entrepreneurship #SmallBiz #TaxTime #TaxTips #TaxHelp #utahbookkeeper #utahaccountant #utahtax

𝗦𝗽𝗿𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗶𝘀 𝗠𝗮𝗿𝗰𝗵 𝘄𝗶𝘁𝗵 𝗙𝗶𝗴𝘂𝗿𝗲𝗱 𝗢𝘂𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲! 🌱 𝗛𝗲𝗹𝗹𝗼 𝗠𝗮𝗿𝗰𝗵! With the freshness of spring upon us, it's the perfect time to rejuvenate your business strategy and ensure your financial growth is on track. 1️⃣ Set your March milestones. What financial heights do you aspire to reach this month? Define clear targets for a focused path forward. 2️⃣ Tidy up your finances. Just like a spring clean, streamline your business finances. Scrutinize your processes, cut out the excess, and polish your fiscal plan. 3️⃣ Embrace the season of new beginnings by refreshing your approach. Inject innovation into your marketing, consider strategic partnerships, or freshen up your product line. 4️⃣ Keep a keen eye on your financial health. Review your budget, analyze your expenses, and measure your revenue to keep your business blooming. 🔄 𝗪𝗶𝘁𝗵 𝗙𝗶𝗴𝘂𝗿𝗲𝗱 𝗢𝘂𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲, 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲 𝘀𝗽𝗿𝗶𝗻𝗴 𝗽𝗿𝗼𝗺𝗶𝘀𝗲 𝗶𝗻𝘁𝗼 𝘆𝗲𝗮𝗿-𝗿𝗼𝘂𝗻𝗱 𝗽𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆. 🌟 Book your free strategy session at https://lnkd.in/gmndGG9W and let's plant the seeds for a flourishing financial year. 📞 𝘗𝘳𝘦𝘧𝘦𝘳 𝘵𝘰 𝘵𝘢𝘭𝘬? 𝘋𝘪𝘢𝘭 𝟴𝟶𝟭-𝟵𝟵𝟵-𝟴𝟲𝟭𝟰. 𝘞𝘦'𝘳𝘦 𝘩𝘦𝘳𝘦 𝘵𝘰 𝘩𝘦𝘭𝘱 𝘺𝘰𝘶 𝘨𝘳𝘰𝘸. #SpringIntoSuccess #MarchGoals #FinancialGrowth #FiguredOutFinance #HelloMarch #ProductivityTips #VirtualBookkeeping #RemoteBookkeeper #BookkeepingPro #Bookkeeper #BookkeepingTips #Accounting #Bookkeeping #CloudBookkeeping #BusinessOwner #EntrepreneurLife #Entrepreneurship #SmallBiz #TaxTime #TaxTips #TaxHelp #utahbookkeeper #utahaccountant #utahtax

The Power of Taking Time to Understand Your P&L Good morning, business owners! 🌞 In the whirlwind of running a business, it’s easy to stay so focused on the daily grind that we overlook the bigger picture. One area that often gets neglected is your Profit and loss Statement (P&L). But taking time to understand it is one of the smartest moves you can make for your business. Here’s why it matters: 1. Spot Opportunities for Cost Savings Your P&L isn’t just a financial document—it’s a goldmine of insights. Regularly reviewing it allows you to identify unnecessary expenses or areas where costs creep up. A quick check could reveal: • Subscriptions you no longer use. • Suppliers who’ve increased their prices without notice. • Opportunities to negotiate better deals. 2. Stay Ahead of the Curve By taking the time to understand your P&L truly, you’ll gain a clearer view of your business’s performance. This empowers you to make informed decisions: • Is a specific product or service no longer profitable? • Are your operating costs in line with your revenue? • Are there trends (like seasonal dips or growth spikes) you can act on? 3. Avoid Costly Oversights When you’re busy, it’s easy to miss red flags like mounting expenses, declining margins, or unexplained losses. That’s why regularly checking in is so important—don’t let the little things snowball into big problems. 4. Work Smarter with Your Bookkeeper Your bookkeeper is your financial ally. Make sure they know what to look for, too! Ask them to: • Flag unusual spikes in expenses. • Highlight underperforming areas. • Suggest cost-saving opportunities. Together, you can stay on top of your numbers and ensure your business runs as efficiently as possible. Make It a Habit Carve out time each month to sit down with your P&L. Use that time to dig into the details, ask questions, and strategize. A little effort here can lead to big rewards in the long run. Remember, your P&L isn’t just about looking back—it’s about planning forward. Make it a priority, and you’ll set your business up for success. Happy reviewing! 💼✨ #ProfitAndLoss #KnowYourNumbers

Starting the week with a strong foundation is essential for building a thriving business. Here are some tips to keep you moving forward with confidence: 📅 Stay Consistent: Regularly review your cash flow and budget. Consistency is the key to understanding where you stand financially and helps you make better decisions. 🛑 Prepare for Slow Periods: Not every month will be a high-revenue month. Identify when cash might be tight and plan for it in advance. Being proactive can save you from stress and keep you focused on growth. 💼🚫💳 Separate Business & Personal Finances: This makes tracking your money so much easier! Keep business and personal funds separate, and you'll have a clearer picture of where your business stands. 🤖 Use Technology: Embrace tools that make tracking your finances easier. From cash flow management apps to budgeting software, technology can streamline your efforts and save you time. 💡Seek Advice: Starting can feel overwhelming, but you’re not alone! Consulting a financial advisor or accountant can provide insights and guidance that will set you up for success. Remember, each small step brings you closer to your goals. Stay focused, stay motivated, and have a fantastic start to your week! What’s one financial habit you’re working on to improve your business? Share in the comments below – let’s learn from each other! 👇 #MondayMotivation #BusinessTips #EntrepreneurLife #StayFocused #SmallBusinessJourney

The Power of Taking Time to Understand Your P&L Good morning, business owners! 🌞 In the whirlwind of running a business, it’s easy to stay so focused on the daily grind that we overlook the bigger picture. One area that often gets neglected is your Profit and loss Statement (P&L). But taking time to understand it is one of the smartest moves you can make for your business. Here’s why it matters: 1. Spot Opportunities for Cost Savings Your P&L isn’t just a financial document—it’s a goldmine of insights. Regularly reviewing it allows you to identify unnecessary expenses or areas where costs creep up. A quick check could reveal: • Subscriptions you no longer use. • Suppliers who’ve increased their prices without notice. • Opportunities to negotiate better deals. 2. Stay Ahead of the Curve By taking the time to understand your P&L truly, you’ll gain a clearer view of your business’s performance. This empowers you to make informed decisions: • Is a specific product or service no longer profitable? • Are your operating costs in line with your revenue? • Are there trends (like seasonal dips or growth spikes) you can act on? 3. Avoid Costly Oversights When you’re busy, it’s easy to miss red flags like mounting expenses, declining margins, or unexplained losses. That’s why regularly checking in is so important—don’t let the little things snowball into big problems. 4. Work Smarter with Your Bookkeeper Your bookkeeper is your financial ally. Make sure they know what to look for, too! Ask them to: • Flag unusual spikes in expenses. • Highlight underperforming areas. • Suggest cost-saving opportunities. Together, you can stay on top of your numbers and ensure your business runs as efficiently as possible. Make It a Habit Carve out time each month to sit down with your P&L. Use that time to dig into the details, ask questions, and strategize. A little effort here can lead to big rewards in the long run. Remember, your P&L isn’t just about looking back—it’s about planning forward. Make it a priority, and you’ll set your business up for success. Happy reviewing! 💼✨ #ProfitAndLoss #KnowYourNumbers

𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗬𝗼𝘂𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗖𝗵𝗮𝗼𝘀 𝗶𝗻𝘁𝗼 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝗘𝘅𝗽𝗲𝗿𝘁 𝗕𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝗖𝗮𝗻 𝗙𝗿𝗲𝗲 𝗨𝗽 𝗬𝗼𝘂𝗿 𝗧𝗶𝗺𝗲 𝗮𝗻𝗱 𝗙𝘂𝗲𝗹 𝗚𝗿𝗼𝘄𝘁𝗵! 📈 Imagine being buried under a mountain of receipts, invoices, and bank statements, feeling overwhelmed and unsure where to start. 📑 You believed that MORE SALES = BUSINESS SUCCESS = EVERYTHING'S GREAT. So, you’ve been juggling every role in your business just to keep it running. Late nights, trying to decode the numbers, But here’s the truth: YOU DON'T HAVE TO STRUGGLE ALONE. What if you could transform your financial chaos into a smooth, stress-free system? With the right support, you can shift your focus from managing paperwork to client meetings and growth strategies. Partnering with an expert who manages your bookkeeping with precision can be a game-changer. Imagine having more time to concentrate on what you do best—building relationships, closing deals, and expanding your business. Let’s turn bookkeeping from a burden into a powerful tool for your success. With expert guidance, you can USE YOUR TIME WISELY and achieve the growth you’ve been striving for. Ready to make the change? Message me for FREE discovery call. #Bookkeeping101 #BookkeepingServices #QuickBooksOnline #QuickBooksServices #QuickBooksProAdvisor #FinancialServices #BookkeepingForRealEstateAgents #BookkeepingForRealtors #RealtorProblems #RealtorTips #FreeDiscoveryCall #BookkeepingForStartups #SmallBusiness

Ever wonder why, despite all your hard work, the idea of real profit feels like a distant dream? Here’s a little secret: It doesn’t have to be. Enter Profit First, a revolutionary approach that flips traditional accounting on its head and puts your profit...well, first! 🚀 Immediate Impact: Imagine looking at your accounts tomorrow and seeing actual profit. Not just numbers on paper, but real cash in the bank. Profit First makes this possible by changing how you manage your business finances. 🔍 How Does It Work?: Typically, businesses operate on the formula Sales - Expenses = Profit. But, let’s be honest, that often leaves profit as a mere afterthought. Profit First switches the equation to Sales - Profit = Expenses, ensuring you take your profit out of every sale from the get-go. 🛠 Implementing Profit First: Start by setting up separate bank accounts for income, profit, owner's compensation, taxes, and operating expenses. Every time income rolls in, allocate a percentage to each account, starting with profit. It’s that simple. You’re prioritizing your financial health and ensuring you always have a profit. 💡 Why It Works: This method forces you to think differently about spending and growth. It encourages efficiency, cuts unnecessary expenses, and focuses on profitable operations. You’ll start making decisions based on what truly drives your business forward. 🌱 Grow With Confidence: With Profit First, you’re not just surviving; you’re thriving. You have a clear insight into your financials, making it easier to plan for growth, invest in new opportunities, and enjoy the fruits of your labour. 👉 Think Profit First sounds too good to be true? We’ve seen it transform businesses overnight. It’s not just about having cash in the bank tomorrow (though that’s a big plus); it’s about creating a sustainable, profitable business model for the long haul. Interested in making profit a reality in your business? Let’s talk about how Profit First can work for you. Visit us at https://lnkd.in/e2etGSXu for more information and to start seeing real results. #ProfitFirst #BusinessGrowth #FinancialFreedom #ProfitableBusiness #CompetitiveEdge

 You only need 10 minutes to learn about your business! Do you catch yourself pulling up your financial reports and bouncing your eyes around frantically until something triggers a reaction 😅 Not anymore! It's important to have a plan when looking at any kind of data to gain the best insights into your business. Stick with me here… If you’re looking through your Profit and Loss Statement (or Income Statement) at the end of the month, start with the ‘income’ section: ➡️ How did your income change this month? ➡️ Did it increase or decrease overall? ➡️ How are your different types of income reacting this month? ➡️ Did you meet the income goals you set for yourself? ➡️ If not, what specific categories of income fell short of what you expected or what you were aiming for? That right there probably gave you 5 takeaway points from your financial reports and we just started! Then, move to the expenses section of your Profit and Loss Statement. ➡️ How were your direct expenses (or service/product dependent expenses) affected this month? (If your income went up, these direct expenses probably reacted the same way.) ➡️ Are your operating expenses for the month where you expected them to be? ➡️  Were there any unexpected expenses or big investments that you made this month? After we get through income and expenses, we end at your Profit (or Net Income) for the month. And now you actually know where that number came from. 😉 If you work through your P&L with this same system every single time, you’ll gain better insights, start to notice trends and be less intimidated to get started. Ready to start using your numbers to gain insight and grow your business easier? Let’s connect in the DMs #bookkeepingtips #accounting #smallbusiness #shopsmall #bookkeepingforcreatives #womeninbusiness #momtrepreneur #entrepreneurship #taxtips #bookkeeper #bookkeepers #bookkeeping #bookkeepingservices #bookkeepingforsmallbusiness #financialmanager #invoicing #financialtips #moneymanagement #moneymanagementtips #bookkeepingtips #businesstips101 #dailyinspo #investment