#FBLIVE: Breaking down the financials of your professional organizing biz
Ok, girl, it's time to get nitty gritty about your biz finances. I knoooow.... this can feel super intimidating when you're starting out. In this video, I get rid of that aaahhhh factor by walking you through EXACTLY what goes into my organizing packages, a real look at business operating expenses, and how to pay for your clients' shopping list (this can be HUGE for new professional organizers).
If you want a written guide to walk you through setting up your biz, look at my blog post How to Start a Professional Organizing Business (for FREE). It's got an amazingly helpful course you can download to help you get started.
This book WILL help you with your business! (6:12)
My business in South Carolina (14:00)
You will need to talk to an accountant as some point (16:58)
Allocation percentages…let’s break this down! (20:30)
Why are taxes only 15%? (29:34)
Let’s break down a package I sold (36:36)
What costs do you include in operating your business (41:43)
Breaking down another package (48:00)
Keeping track of client hours (1:00:46)
How I pay for clients shopping list (1:01:07)
Have I ever had a bounced check? (1:02:28)
Let’s break down the package some more…. (1:02:45)
My surprise for you…a resource library! (1:07:00)