September 2018 Update

What this episode covers

In This Episode This is the September 2018 monthly report. Links * Austin Podcasters * Cashflow Diaries * Microcosm Publishing * Smart Passive Income * Toggle Time Tracker * Trello * Google Keep Show Credits Hosted, produced, mixed, edited & music by Mark. Blog Why Publish A Business Report? Publishing my business report allows me to reflect back on the month to see what I did or didn’t do so well. Lastly, I have read blog income reports such as SmartPassiveIncome and I like to see what they have tried. It is a form of motivation for me and I hope that this can be one for someone else. Be sure to check out CashFlowDiaries for bloggers that share their blog income reports. Or one that I’ve recently found from publisher Microcosm Publishing . September 2018 Business Report Disclaimer: Any income reported will only be reported as “cash” in hand. If it did not deposit into my account, or if I didn’t cash a check, then it does not count as income. Additionally, income will only be reported for ApexThis business and not for personal income. I may discuss side hustles for additional side income, but only income in which I represent ApexThis will be counted. **Numbers in parenthesis are negative values. Revenue/Contribution Report * Contribution – $500.00* WePay (Meetup) – $16 Expense Report * RawVoice (Blubrry) – ($12)* Google Domains – ($12)* Google Apps – ($11)* Adobe Suite – ($54)* Xero – ($30)* Trademark Fees – ($500) Overall * Owner Contributions – $500* Gross Income – $16* Total Expense – ($620)* Total Net – ($604) Hours Worked Time Logged – 46hrs What Happened? Finances We continue with big expenditures for the year that pertain to training, and legal work regarding trademarks. I believe this is the second time, especially consecutively, that I’ve blown the budget I set for the year. And yes, I did set a budget. Even though I have a budget of things I expect to pay for, there are other things that come up that I may think would be really good and helpful. For the past few big expenses, these are investment items; going to the conference is something that will be on my books every year. Trademark is something that wasn’t immediately necessary but something I wanted to get done. This doesn’t mean I have a trademark, I am just going through the process. Lastly, training is a big investment for ApexThis and as such it was something I felt that I needed to make happen. The last bit to hit last month was final payout in regards to the mini-workshop I held for Austin Podcasters.

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