Money Matters!
This section is all about managing your money and taxes. Now that you are the CEO of your business, money management is super important. When your Mary Kay account is empty your business is close to being bankrupt. When your Mary Kay account is flush your business is booming!!! Make sure your bank account is always flush.
Money management is one of those areas that tends to stump most people. This is usually because running your own business is new to most people. In this lesson you will get all of the details and information needed to stay organized and on top of your business's finances. Remember, whenever you are confused, you can always reach out to me and ask questions.
NSD Leah Lauchlan's Money Management Training.... Make sure to listen to all 4
Become a Smart Business Woman... Watch these awesome videos!
Money Monday
Demo and Personal Use Logs
Discontinued Product Bin
Smart Ordering
Organizing Receipts for Taxes
Tax Checklist
Find the labels in Money Management Printout
Importance of Inventory & How to Manage it
"You can't sell from an empty wagon" -Mary Kay Ash. Watch this video to find out more about having products on hand. While it is not mandatory it will change your business if you do have products on hand.
Benefits:
Sell 75% more products
Have a hire return on repeat customers
save on shipping (flat rate $9.35)
save time (wont have to deliver products)
If you need help with credit card options that will work for you, go to www.creditkarma.com and sign up, get your credit score and then let me know what it is and I can guide you in the directions of what card will work best and have the best rates.
Weekly Accomplishment Sheet...From now on known as WAS
Weekly Accomplishment Sheet:
This sheet is so crucial to keeping your money seperate and doing exactly how much you profited and how much to pay yourself each week. Also this will make the end of the year doing your taxes a breeze!
This also will help me, help you. When you are entering your numbers I will know if you are right on track or if you need more help in an area, like selling or recruiting. Without you entering this information, I wont be able to help you as well.
Make sure by Sunday or Money each week you enter your numbers. You will also receive recognition on our weekly call only if you entered your weekly results. Remember enter your results even if you had a zero dollar week.
What Does It Mean To Be "Active" ......