DIY Bookkeeping:
What’s the Bare Minimum You Need to Do
Join us March 22, 2023 from 9:00-10:00 am PT / 12:00-1:00 pm ET
We get it - you wish you didn’t have to manage your books. The (very natural, normal) result of not wanting to do something, or feeling overwhelmed by a task? *Moves bookkeeping calendar hold to next week*
As a nimble solopreneur, the reality is, sometimes you need to put on your accountant hat. It’s very easy to deprioritize bookkeeping time and time again… Until all of a sudden, your taxes are late, and the initially overwhelming task is now loaded with even more uncertainty and pressure.
Where does this problem start? Here are some things we see small business owners experiencing (and we lived through ourselves during our earlier years of entrepreneurship!):
Let's just call it out right now; you hate bookkeeping. No shame if it’s not your superpower!
You don’t know where to start, which means you don’t manage your books properly OR consistently.
You’re unsure what expenses you can write off, how to categorize them, and how to track them… How to use your business account… Wait, what’s overhead?
You’re busy (of course, you’re a business owner doing 18,000 things) - which means bookkeeping is easily moved to the bottom of the to-do list.
You’ve gotten caught up in the mindset of “I’m not a numbers person” - which perpetuates all the procrastination habits and negative feels.
If the thought of this rings true, join this month’s free workshop, and learn:
Three Pitfalls of Ignoring Your Bookkeeping
What bookkeeping is and how it contributes to your business’ overall financial health
The bare minimum you need to do to ensure you’ll have a pain free tax time
The tools to have in place to achieve the bare minimum
Hi! I’m Jacinthe. Your financial fairy godmother.
On the surface, my career has looked like a fun ride. From starting out as an Interior Designer, then launching a prepared meal delivery business (before they were popular), to moving across the country and working at a yoga studio while volunteering to teach university students how to cook.
I’ve started 6 businesses, worked in 3 startups as an employee, and had side hustles from cater waitering to working at a friend’s micro-brewery.
Throughout my business building journey, I didn't understand how the money worked in my business. I went through cycles of burn out and debt, carrying $1,000’s in credit card debt, which incurred $1,000’s in interest. And those cycles continued until I learned how to manage my business finances.
A move led me to the West Coast of Canada, where in more recent years, I became the co-founder of a management accounting firm (total left turn right?!).
Growing that business alongside my Chief Financial Officer (CFO) and accountant co-founders, I not only learned how I was supposed to manage business finances, but also became passionate about financial literacy for creative business owners.
I’ve seen the same stress and shame I had experienced in my early business owner days in the hundreds of businesses I’ve spoken with and supported since 2017.
And that’s why I founded Koddo & Co. — to level the playing field and help creative business owners shed light onto the financial side of their business, so they can build profitable businesses with steady cash flow and pay themselves way better than a decent salary!