RECEIPTS, SALES, COSTS | HOW I ORGANISE & MANAGE MY PRESS ON NAIL BUSINESS FINANCES & BOOKKEEPING

Hey guys! Today (finally!) I'm taking you through how i financially manage my small business and my bookkeeping process. As mentioned in the video ** I am not a professional nor am I here to teach but just to share how I organise my very small scale press on nail business **
I've had a few of you request this video so i hope it helps and answers your questions! 💕

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Links to videos mentioned:

TIME STAMPS:
00:00-00:44 Important Disclaimers
00:44 Intro
01:09 Why I do this as a Small Business?
02:49 Separating My Personal and Business Banking
03:37 What if You Don’t Have a Business Bank Account?
04:27 My Cashflow Template
04:51 My Business as an Independent Entity
05:41 Where I Get my Source Documents From
07:34 How I Organise My Receipts
11:09 Updating My Income Statement
12:05 My Excel Financial Spreadsheet
15:52 What do I Use This Information For?
17:02 Final Thoughts & Outro

#smallbusinessbookkeeping #etsyshopbookkeeping #pressonnailbusiness #smallbusinessfinance

[_.kiki.]

This video was really helpful, thank you! I really appreciate you sharing your knowledge 💖

[teemona]

Just recently subbed to you and I just wanted to say thank you for sharing this information. lots of value and well thought out <3 . Gonna stay tapped into your videos ! All Love

[Alexisnelly]

I love this!!! this was very helpful!!!! Have you made a business plan as yet? I haven't seen any other videos about making a business plan for press on business. Keep the videos

[fanta]

Another amazing and informational video!! Thanks so much!!!

[Dualitynailz]

This was so helpful thank you so much I’ve been looking for a video like this for a long time 🤍

[heylia]

Can you do a video on how you price your press on nails or what method you use to ensure you make a good amount of profit?

[anailaddictsjourney]

Wow this is very helpful and also motivating x I'm so bad for ordering stuff that I don't need and not keeping track of what I ordered, and I also could totaly make my press on business work with what I have instead of ordering more stuff! Gonna work on that now 👌 thanks great vid xx

[adrienesamuel]

This is great information!!! Thank you so much!!!

[rashaybrown]

MUCH GRATITUDE!!! This was the last bit of information needed to get myself in order. I don't know much about accounting but I know money! Your spreadsheet was very easy to follow, I just handwrite mine, for now, bc excel IS NOT MY FRIEND...but no need to go on and on!! GRATITUDE****

QUESTION?? DO you have a financial template for sale???

[ShekeraBify]

Are you going to share the template? This is useful

[lilychanex]

How much $ do you take out for taxes? How much do you charge for shipping? Can you possibly make a detailed video for creating a spreadsheet 😰