218: When is the Right Time to Track Your Business Finances?

As an online service provider, like a freelance writer, it’s important to track your business finances regularly to ensure you are staying on top of your income and expenses.

So in this episode, “we aim to address the burning question:

“When is the most opportune moment to keep a close eye on your business finances?”

1. Daily – if you are managing a large volume of transactions or you have a lot of ongoing projects, it can be helpful to track your business finances on a daily basis.
2. Weekly – set aside a specific time each week to review your income and expenses and update your records.
3. Monthly – if you have a small volume of transactions, maybe one or two projects. You still want to check it at least monthly to make things sufficient.

Listen to this episode for more tips on managing and tracking your business finances!

Ways to Track Your Business Finances:

• Use accounting software like Quickbooks
• Hire a bookkeeper

More episodes for you!

• Episode 65: “If It Wasn’t Charted, You Didn’t Do It” – Workflows And More
• Episode 97: The Secret Accounting Formula To Gain Business Profit With Rocky Lalvani
• Episode 151: The Writer’s Guide To Getting Organized
• Episode 94: Importance Of Having Multiple Streams Of Passive Income With Author Lisa Newton

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