This week is all about getting your finances in place to make sure we hit the ground running when we re-open
Daniel explained the Profit First Formula and implementing it into your fitness business
Tuesday I shared 4 tips we’re doing at DKnine right now to keep finances in check
Wednesday we looked at your Facebook Ad metrics and explained what each meant to make sure you get the most of it
Today I’ve got a foundational tip for you ✅
This isn’t exactly an exciting topic
Bookkeeping
Keeping on top of what’s coming in and what’s going out
It also means at the end of the year your accountant bill won’t be so big
Or if you don’t have an accountant…you wont be spending hours or even days sorting it at the end of the year ➡️
So keep things as simple as possible
A simple spreadsheet will do the trick
So you know how much is going in and how much is going out
And at the same time notice any subscriptions you could probably get rid of❗️
When it comes to the end of the year and you have everything in one key spreadsheet
You will save so much time and money 💸
You’re in total control of your finances
And that’s what Daniel explained properly on Monday
So be sure to go and check it out
He gives great advice and tips on keeping your finances in check for your fitness business😇
David 🙂