Time, Energy, and Money

 

Wow! It's October! 2020! Who saw this year coming? We still have one quarter left to make this year your best year in business. I am committed to, are you?

I'm sure you started your business for two internal reasons 1) time for that and those you love, 2) financial freedom (Also being your own boss is pretty cool too!)

This year shook many businesses up. Sadly some closed down. If you were like myself and our company, you took this year as an opportunity to refine and become even better. At this moment, stop to reflect. What changes did you or do you need to make to make this year successful? What philosophical reasons do you have that made you get into business for yourself in the first place? Maybe it was to serve the community yourself, or provide your employees with an inspiring and secure place to spend a large amount of time in their day, making the money they need to provide for their family, and serve their dreams.

 Are systems in place and working to the ultimate capacity they can be? You may not know what is possible, many of our clients thought they were operating perfectly. If you and your staff could have their day spent in building the business, generating more revenue, and serving the community, what would that day look like to you? Focusing on building your business, I'm sure, is a better use of time and so much more enjoyable than the focus and energy it takes in running payroll, staying compliant, marketing, and attracting and inspiring employees to work with you.

It is not too late to be the hero of your story this year!

Let Megan with Honeybee Photography show the world the Vision and Mission your company has for the community through beautiful photographs for all your marketing!

Myself and the MyCORE team want to compliment your marketing and guide you to becoming cloud-based and fully confident in not just surviving 2020, but THRIVING! Our clients are ecstatic at the opportunity and value MyCORE gives them to secure the future of their business, the livelihood of their employees, and the strength of community. Let our team lock arms with you to run your business in the areas of Payroll, Benefits, HR, Bookkeeping, Accounting, and Taxes. Those six verticals are not fun to vet, learn; and do they work together? They do with us.

With great marketing, and incredible outsourced team, and cloud-based technology, we become a new SYSTEM for you and your business. Saving You Some Time, Energy & Money! What will you do with your extra Time, Energy and Money?

Yours in Business,

Cheryl

        

CHERYL CAGE

Partner Advisor

443-481-8027

leadwithmycore.com

Find the Positive in a Crystal

 Finding the Positive: A Lesson from a Crystal

 

By James Scott

Board Certified Hypnotist

Director, Chesapeake Bay Hypnosis

 

Within the flow of life, accidents happen. Unfortunately, all too often we focus on the negative aspects of the mishap and stress ourselves out. This happened to me recently, and it was a very enlightening experience.

A few weeks ago, I was on the road doing some live appearances in West Virginia and South Carolina. It was strange to be presenting while wearing a mask and social distancing (we are still dealing with the Covid-19 pandemic at the time of this writing), but that’s a story for another time.

On my way home, I stopped at a metaphysical shop in Richmond, Va., and purchased a lovely selenite wand. It was hidden away on a shelf in the store, as if it were just waiting for me to find it. The wand had been machined to a fine point on one end and a rounded end on the other. It had an amazing feel and energy to it.

Selenite is a crystal known for clearing negative energy and instilling a feeling of inner peace. I was so excited to have found this wand, as I had been looking for one like it for quite some time. When I got home, I immediately started using it to ground myself and others.

And then it happened: I found the wand laying on my bedroom floor with the pointed tip broken off. Apparently, the wand had fallen out of my bag. Yes, I carry a “man purse” (how did I ever grow up without one?), and I had left the wand in it. The bag tipped over and the wand rolled off my bed and fell to the floor. I’m not sure if the wand broke in my bag or when it hit the carpet, but nonetheless it was broken.

I was devastated! I have a real affinity for crystals, and I felt as though I had hurt a close friend. My heart began to ache, and my eyes welled up with tears. Grabbing my phone, I frantically searched Google for ways to repair the wand. Almost immediately, I came across a blog post by Genn John of Arkansas Crystal Works (https://www.crystalgenn.com/crystal-breakage-how-to-deal-with-it-and-what-it-means/).

In the post, Genn wrote that when a crystal breaks there is almost always a lesson to be learned. Usually, this is a lesson about self-love, acceptance, and forgiveness. What a revelation! I dried my tears and meditated on this point while holding the damaged wand. I felt the empathy flow between myself and the crystal and I instantly felt at peace. I saw that the broken tip of the wand was actually beautiful, and it made the crystal unique. I also realized that I had been focusing lately on perfection, and the crystal was trying to show me that sometimes imperfections are what make us special.

So, when an accident occurs in your life remember to look for the positive lesson to be learned from it. Sure, this may be challenging in some cases; but isn’t that what growth is all about?

That’s it for this month. Until next time, keep thinking good thoughts!

Did you like this article?  Here's more like this one:  A Simple Way to Toss Away Stress

It's 4th Quarter! Do you know where your bookkeeper is?

WOW! - where did the time go?

Can you believe that October is already here? In a few short months we will, literally and figuratively, close the books on 2020.

From a bookkeeping standpoint there are numerous things that the business owner can do to assist with the end of year bookkeeping close out task.

Time and space won’t allow us to look at all of them and to be honest, many of them are best left in the hands of your bookkeeper or accountant.

 So let’s just look at what can be considered to be the top 3 things that you can do right now.

This year has been anything but ordinary. COVID -19 has resulted in many changes. One of those changes that has had quite an impact on businesses are PPP loans.

Have you started on the forgiveness process yet? -- Yes.

That’s probably not a bad thing. You do want this liability off your books before it turns into a loan.

 I would wait before actually submitting the application however…at least until a final decision is made on automatic forgiveness.

 It’s looking more and more likely that one won’t be made until after the elections so breathe.

 You can find the application as-well-as instructions for forgiveness here but remember to breathe. You have some time.

 In a related note are EIDL loans. Did you get one?

 If so, they like most loans must be amortized or tracked.  Having a separate bank account for these funds makes this task so much easier.  

There are 2 other related things you can do that would be helpful and hopefully your bookkeeper... you are all working with one right...please say you are 😊

 I jest, not everyone needs a bookkeeper - at least not all the time. It’s wise to have one look things over, at least once a quarter, though.

 As I was saying, hopefully your bookkeeper has been able to assist you throughout the year in making the financial decisions that will enhance the growth and profitability of our business.

 At the very least, he or she should have you prepared for taxes.

 The mad rush and the headache that often comes with it need not be some yearly rite of passage. It can and should be a time of strategic planning and, believe it or not, anticipation... No I am not joking.

 Getting down from my soapbox.

 Two other super helpful things that you could do right now would be to make a quick check on your accounts receivable (AR) and Accounts Payable (AP). Run an aging report on both these items. It should allow you to catch all the problems.

 If you are uncomfortable running the aging report, simply do a visual of your overdue by 60 and 90 day AR & AP figures and correct any issues – have you already collected on some of those receivables…do you need to resend some invoices…have you already paid some of those bills?

 You do want to have everything correct and up to date because, to a large degree, this is what your financial statements and ultimately your taxes will be based on.

 Why not set yourself up to win?

Mike Coombs – Flawless Bookkeeping Services

Flawlessbookkeepingservices.com

mikeyourbookkeeper@gmail.com

301-821-0076