Simplifying Financials in Your Business with Magnetic Bookkeeping

114: Simplifying Financials in Your Business with Magnetic Bookkeeping

Today I’m talking with Alyssa Lang of Magnetic Bookkeeping.

Alyssa and her partner, Alyssa Truelove, are co-founders of Magnetic Bookkeeping, a bookkeeping and consulting business to give online business owners the confidence, clarity, and control over their finances by providing easily digestible numbers that make sense.

In this episode, Alyssa shares…

  • What a bookkeeper is and what they do

  • Recommended tools and software to use

  • Ways to manage your money for profitability

Alyssa explains why you need to understand your numbers so you can ensure that your business is profitable.


We also discuss the most important dos and don’ts with your finances that will keep you organized and out of trouble with the IRS.


Alyssa also shares the difference between a lifestyle business and mission-driven business and why that matters for the way you set up your finances.


I hope this conversation with Alyssa will empower you to set up your business finances the right way and ensure that you run a profitable business.


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RESOURCES MENTIONED:

Magnetic Bookkeeping’s website - https://www.magneticbookkeeping.com/

Free Business Profitability Calculator - https://www.magneticbookkeeping.com/profit

Quickbooks

Hubdoc

Clockify

ADDITIONAL RESOURCES:
Follow Karima on Instagram @karima.creative

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