5 • 620 Ratings
🗓️ 3 April 2018
⏱️ 67 minutes
🧾️ Download transcript
Today we’re covering an exciting topic…bookkeeping. Okay, maybe not the most exciting topic, but one you need to understand as a growing business, especially around tax time. We’ll walk through the bookkeeping needs and what we’ve learned as a business grows from a hobby all the way to a small business with employees. LINKS (May […]
The post MFP 039: Bookkeeping, The Why & When appeared first on MADE FOR PROFIT.
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0:00.0 | Welcome to Made for Profit, a podcast where we talk business in the shop and help you monetize as a maker. |
0:05.8 | Each week we cover business topics to help you grow your full-time business or your side hustle. |
0:10.1 | We'll also bring you interviews from a variety of people winning in their space to share valuable business insights and life lessons. |
0:16.5 | I'm Brad Rodriguez, a full-time content creator running Fix This Build That.com. |
0:20.6 | And my co-host, John Mulecki, runs a full-time furniture company and his content site, |
0:24.7 | John Malecki.com. We've been growing our successful businesses online, and we want to bring you |
0:29.0 | into the conversation and help you grow along with us. |
0:44.5 | Welcome to episode 39. Today we're going to be covering an exciting topic, bookkeeping. |
0:51.8 | Okay, it's maybe not the most exciting topic, but it is one you need to understand as a growing business, especially around tax time. |
0:56.8 | So we're going to walk through bookkeeping needs and what we learned as a business grows from a hobby all the way up to a small business with employees. |
1:00.8 | But before we jump in, |
1:01.9 | we do want to thank some members that joined the MFP patron tribe. |
1:05.5 | It's actually one member this week. |
1:07.1 | Katie Harrow, Katie, thank you for joining. |
1:09.9 | If you want to join the MFP patron squad, you can head over to patreon.com forward slash made for |
1:15.9 | profit and get some great rewards over there as well as the after show where we answer your |
1:21.8 | questions and give you some special insights. |
1:24.1 | Actually, today we're going to be given some special insights on some late breaking |
1:27.2 | Instagram stuff that we'll be sharing later on in the main show, but our patrons get |
1:31.2 | a first crack at it. John, what is up, brother? Not much, dude. I am in full conference table |
1:37.4 | life domination mode over here. I guess when you're building something that's 15 feet long |
1:42.6 | and four feet wide, it tends to take |
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