Why Do I Need Financial Statements? | Tuesday’s Bag #28
At AJOY, we take pride and joy in helping women-led small businesses become more profitable, save time, have more fun, and run their business better! Thanks for sharing your small business journey with us!
Do you have a bookkeeper generate financial statements for you? Maybe you generate them on your own - but regardless, why do small businesses need financial statements - is the question discussed on this episode of Tuesdays Bag at @AJOYMEDIA with small business expert Tuesday P Brooks and KIRU. No matter where you are in your small business growth, it's good to know what financial statements are and how they will help you.
Subscribe to my Channel for More Videos: https://www.youtube.com/channel/UCZhG... Tuesday’s Bag is a mini-podcast (podlet) offering quick bits of financial information for savvy small business owners, freelancers, independent contractors, microentrepreneurs, consultants, and side-hustlers… a short podcast featuring clear #smallbiz and #microbusiness answers to important business questions. The TUESDAY’S BAG podcast is powered by AJOY, and is perfect for busy women business owners on the go, in a short, quick Q&A format, in 5 minutes or less.
Experienced business advisor Tuesday P Brooks shares sound advice and in-depth answers to important questions about starting and running a company. Questions range from accounting, tax, and bookkeeping, to essential day-to-day understanding of running a small business. Each episode of TUESDAY’S BAG podcast features one inquiry from actual business owners that is given a thoughtful answer. Topics include deductions, LLC, entity formation, taxes, how to pay yourself as a business owner, sources of startup funding, write-offs for your taxes, anticipating a tax bill, schedule c, hiring employees or freelancers, applying for a loan, depositing income, using financial statements, tax liability, accounting practices, credit, checking accounts and more!
These podlets are quick, informal conversations between Tuesday P Brooks and co-host KIRU. No matter where you are as a small business owner, you’re certain to find answers that you need to some of your small business questions, by listening to this informative podcast - Tuesday’s Bag. Stream the podcast over lunch, while commuting, or on a walk; and you’ll learn, in just a few moments, the sound advice that you need to help you run your business better. At AJOY, we take pride and joy in helping women-led small businesses become more profitable, save time, have more fun, and run their business better. AJOY founder, Tuesday P Brooks, is a tax professional, accountant, teacher, and advisor to small businesses. AJOY specializes in helping small firms with accounting, bookkeeping, tax planning, cash flow management, and successful business strategies. Tuesday P Brooks, MBA is a Business Advisor for the Goldman Sachs One Million Black Women - OMBW: Black in Business program. AJOY also powers The Phindiwe Business Academy which offers bookkeeping training to young women in Africa, where KIRU serves as Headmaster. AJOY is a certified NYC & NYS Minority and Woman Business Enterprise (M/WBE); Service-Disabled Veteran Owned (SDVOB); Disadvantaged Business Enterprise (DBE); and Economically Disadvantaged Women-Owned Small Business (EDWOSB). AJOY is an official supplier to Intuit to provide Quickbooks Online training as part of the 1 Million Black Businesses Initiative powered by Operation Hope and Shopify. You can find out more about Tuesday P Brooks, AJOY, and KIRU at https://ajoymanagement.com/ IG @ajoyworldwide Information presented here should not be construed as legal, tax, or accounting advice. No one should act on such information without retaining appropriate professional advice.