The Systems and Workflow Magic Podcast 133: Mastering Financial Systems for Small Business Success (Why it's Essential to Master This Type of System to Impact Your Taxes!) with Heather Leicy
In this episode of the Systems and Workflow Magic podcast, Dolly DeLong interviews Heather Licey, a wedding and senior photographer, about the importance of financial systems for small business owners. Heather shares her expertise in managing business numbers and offers practical tips for setting up a weekly, monthly, quarterly, and yearly rhythm for tracking income, expenses, independent contractors, and mileage. She emphasizes the significance of paying sales tax and maximizing tax write-offs. Heather also mentions her involvement in the Conquer community and her upcoming tax course.
Takeaways
- Setting up a weekly, monthly, quarterly, and yearly rhythm for tracking income, expenses, independent contractors, and mileage is crucial for small business owners.
- Paying sales tax and maximizing tax write-offs are essential for managing business finances effectively.
- Heather Licey offers valuable resources, including spreadsheets, educational videos on YouTube, and a tax course to help business owners navigate financial systems.
- Heather Licey co-hosts the Conquer community, which provides support and education for photographers in their first one to three years of business.
Connect with Heather Leicy
SNAG Heather’s FREE resource, “The Tax-Prep System” here
Instagram- @heather.marie.leicy
Website - https://heathermlphoto.com/
Connect with Dolly DeLong
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