My top line revenue looks great for 3rd month in business, and should have generated decent profit, however not knowing how to correctly price my services has made this month more or less breakeven.
Some millionaire solopreneur friends of mine highly recommended:
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz https://amzn.to/3IQiOh9 which I enjoyed and found useful. I agree that you should either read it or find a summary / TED Talk about it or something.
It will help you ensure that your business is sustainable and that you're able to pay your quarterly taxes easily.
Nice work, Edwin.
Some millionaire solopreneur friends of mine highly recommended:
Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz https://amzn.to/3IQiOh9 which I enjoyed and found useful. I agree that you should either read it or find a summary / TED Talk about it or something.
It will help you ensure that your business is sustainable and that you're able to pay your quarterly taxes easily.
I keep hearing about this book from time to time but have never pulled the trigger on it. I guess this is my sign! Thank you Ryan!
I found a couple links in my notes:
https://s3.amazonaws.com/mikemichalowicz/Website-Resources/Profit-First-One-Sheet-and-Overview+(1)+(1).pdf
https://s3.amazonaws.com/MikeMichalowicz/Downloads/MikesToolkitForEntrepreneurs.pdf
Wow these are great! Thank you so much!