Money Talk for Women-Owned Businesses & Nonprofits in the Piedmont Triad
Restricted vs. Unrestricted Funds: The Mistake Hurting Your Nonprofit’s Grant Applications
Restricted vs. Unrestricted Funds: The Mistake That's Quietly Hurting Your Nonprofit's Grant Applications A few years ago, I sat across from a nonprofit director in Winston-Salem who was staring at a bank balance that looked healthy. Six figures, growing. She felt...
The 3 Pitfalls of Underpricing (And Why It’s Capping Your Growth)
I say this with love and a little bit of fire: women business owners are disproportionately prone to underpricing. Not because of a lack of skill or confidence in the work itself, but because so many of us were taught to over-deliver and under-ask. We add the extra hour. We throw in the bonus service. We quote low because we don’t want to seem greedy.
Your Bookkeeper Can’t Save You From Growth. Here’s Who Can.
Growing your small business in Winston-Salem, Clemmons, or Advance NC? Learn why a financial strategy (not just bookkeeping) is what carries you through growth.
WHY YOUR BUSINESS CAN BE PROFITABLE AND STILL FEEL BROKE: UNDERSTANDING CASH FLOW VS PROFIT
If you are a business owner wondering how your company can show a profit and still leave you stressed every month, you are not alone.
This is one of the most common financial issues I see with small business owners, especially women-owned businesses that are growing quickly.
Let me tell you something that trips up even smart, hardworking business owners:
You can be profitable and still be broke.
Tax Planning for Busy Women Entrepreneurs: Financial Freedom
Did you know that 60% of women entrepreneurs feel overwhelmed by the financial aspects of running their businesses? I recently spoke with a woman-owned business in Clemmons, NC. She was struggling with knowing what she could write off for taxes. In today’s fast-paced...
Top 10 Resources for Women-Owned Small Businesses
Top 10 Resources for Women-Owned Small Businesses: Tools, Tips & a Little Tough Love Being a woman-owned small business is a superpower—but let’s be real, it’s not always sunshine, lattes, and laptop-on-the-beach vibes. Sometimes it’s late nights, DIY everything,...
10 Essential Tips for Mastering Nonprofit Accounting
Introduction to Nonprofit Accounting Nonprofit accounting is an essential aspect of managing and governing nonprofit organizations. It involves a system of tracking financial transactions, ensuring transparency, and reporting financial health to stakeholders. This...
Taxes, Taxes, Taxes as easy as 123!
It’s that time of year. The time we start talking about year end and taxes. The holidays are over and now business owners are focused on getting things ready for tax time. January for us means 1099’s, W2’s, cleanups and year end close. It’s a rush to get things in order and get everything ready to do your taxes. Here’s some tips to help you prepare for year end that will make your taxes smoother:
4 Reasons you need an Emergency Fund for your small business or nonprofit
One of the first things I do when I start working with a small business or a nonprofit is tell them they need to establish a reserve or emergency fund. I think this should be done before they start to pay off debt, plan for an expansion or whatever else they have their sights on. Why?
Here are 4 reasons I believe this is a must for every small business and nonprofit:
Snap out of it! Dear me…
I saw a post recently about writing a letter to your childhood self. So it go me thinking about what I would say to the younger version of me. We all need words of encouragement and strength. Who better than to provide that encouragement than me.