Quote from: concept2 on Today at 07:32:10 AM

Quote from: Alpha Marine on March 22, 2023, 08:02:39 PM

I had this barber friend in a neighboring hood I lived a few years ago who is a very good barber and has his own barbershop. He does home service from time to time too. He’s really good so he has a lot of customers but at the end of the month he always struggles to pay the rent of his shop. I spent most of my free time with him at his shop so I know the number of customers that walk in for a haircut daily and I know what his rates are, so by calculations, he should be making enough money even after rent and other expenses required to run the shop. So one day when he complains about rent I asked him how much he makes in a week and he couldn't tell me an estimated number.
Long story short, I educated him on how to keep financial records and record every single penny that comes in and goes out of his business. I also made him understand how this can help him cut losses and make more profit.
...

Big ups for sharing your experience and schooling your home skillet about how crucial it is to keep your financial records on point. You couldn't be more spot on, dude. No matter how small your biz is, keeping tabs on your dough is key to progress. I gotta give it up to you for having so much passion for educating small biz owners in your hood.

I know you might be feeling a bit anxious since you're more of an introvert, but we can handle this sh*t. We'll start by making some dope flyers with all the info about the seminar and get them out to local businesses. We could also hit up the community center or library and see if they could host it for us. Don't hesitate to hit up your boys and fam for help if they're experienced in event planning. Remember, the more heads we get in here, the more of an impact we can make.

Financial records ain't just some snooze-fest about profits and losses. They're the game-changer that lets you call the shots and take your biz to the next level. When you keep your books on lock, you can see what's poppin' with your cash flow and plan your moves like a pro. And if you wanna tighten up your spending, you'll know what to do. It's like a secret weapon that gives you the power to crush it and achieve your dreams.

that barbar is exactly like me - I do three jobs and at the end of the month I am also struggling
I will not try to keep the financial record and see if it works.