Do you have a handle on your business finances? Friends, you NEED to  have a handle on this so you can keep track of how much you’re making and spending and have an accurate handle on how your business is doing. Plus, we need an IRS audit like we need a hole in the head!

Today, I’m giving you a breakdown of the bank accounts, transfer rules, and percentages you should allot for your salary, expenses, taxes and more that you can use as a starting point for your 2020 financial plan.

For a visual of this episode, head to www.coffeewithkristi.com/blog/2020finances! And to sign up for Qapital, visit www.qapital.com and get $5 just for opening the app by using my code f239f99x. 

A HUGE thank you to Braden Drake of Unf*ck Your Biz podcast! Connect with Braden at @bradenademdrake on Instagram and check out his website www.bradendrake.com for his contract templates, free facebook group, accounting courses and incredible freebies like a DIY contract audit checklist, his “be your own tax pro” guide, or his small biz blueprint on how to determine what business entity to form. I told you he’s legit! 

To sign up for Qapital, visit www.qapital.com and get $5 just for opening the app by using my code f239f99x. 

If you like trainings like this one and you are a brand new virtual assistant or want to start a VA business, get yo booty on the waitlist for Booked Out VA, friend! Braden hosts a live class for my students every round of Booked Out VA so this might be the PERFECT storm for you to learn about finances and accounting along with everything else that goes into owning a virtual biz such as marketing, finding clients, and ultimately getting booked weeks if not months in advance. Learn more or join the waitlist for the next enrollment period at coffeewithkristi.com/bookedoutva.