218: When is the Right Time to Track Your Business Finances?

Send us Fan MailAs an online service provider, like a freelance writer, it’s important to track your business finances regularly to ensure you are staying on top of your income and expenses.So in this episode, “we aim to address the burning question:“When is the most opportune moment to keep a close eye on your business finances?”Daily – if you are managing a large volume of transactions or you have a lot of ongoing projects, it can be helpful to track your business finances on a daily basis.Weekly – set aside a specific time each week to review your income and expenses and update your records.Monthly – if you have a small volume of transactions, maybe one or two projects. You still want to check it at least monthly to make things sufficient.Listen to this episode for more tips on managing and tracking your business finances!Ways to Track Your Business Finances:Use accounting software like QuickbooksHire a bookkeeperMore episodes for you!Episode 65: “If It Wasn’t Charted, You Didn’t Do It” – Workflows And MoreEpisode 97: The Secret Accounting Formula To Gain Business Profit With Rocky LalvaniEpisode 151: The Writer’s Guide To Getting OrganizedEpisode 94: Importance Of Having Multiple Streams Of Passive Income With Author Lisa NewtonWelcome to the Savvy Scribe Podcast, I'm so glad you're here! Before we start the show, if you're interested, we have a free Facebook group called "Savvy Nurse Writer Community"I appreciate you following me and listening today. I would LOVE for you to subscribe: ITUNESAnd if you love it, can I ask for a If you’re ready in exploring if freelance writing is your next PRN job or even full-time, I invite you to check out the Savvy Nurse Writer Community on Facebook and visit savvynursewriter.com to help you get started today!Support the showFOLLOW & REVIEW THE SAVVY SCRIBE ON APPLE PODCASTSI appreciate you following me and listening today. I would LOVE for you to subscribe: ITUNESAnd if you love it, can I ask for a review? Select “Ratings and Reviews” and “Write a Review.”If you’re ready to start exploring if freelance writing is your next PRN job or even full-time, I invite you to check out the Savvy Nurse Writer Community on Facebook and the Plan Produce Profit  + Writing Skills Course to help you get started today!