A lot of us who start out a business put countless hours into running the behind-the-scenes. We figure, money is worth sacrifice! And while that's true, we shouldn't sacrifice all of our time just to make money. Our time is worth something too! Whether it be time with our family or time working on new side projects that can make us more money in the future, time is money and we want to be as efficient as we can in business. So, what is your workflow costing you? Follow the pr
It's everyone's favorite time of year... TAX SEASON! 😅 Paying taxes can be stressful for anyone, especially as a business owner. If you're just starting out, chances are you may be trying to do your own taxes. We've created a list of 10 things you can use as a write-off on your taxes that you may not have thought of! 1. Your Cell Phone + Cell Plan. Determine what percentage you use your phone for personal vs. business. If you pay $100 for your phone plan, and use your phone
#WeEducationMonday How much is a customer worth? Customer Lifetime Value (CLV) is how much a customer is worth to your business over a lifetime. If you don’t know what a customer is worth in your business, you won’t know how much money to invest to obtain a customer!
Lets take a car dealership, for example. Imagine that the average value of a customer (over their entire lifetime) is $200,000, and you spend roughly $10,000 on marketing, per customer. Over a lifetime that is a