Your bill: $20k

How would a tax bill of $20k go for you right now?

No one wants bill shock.

It’s even worse when it’s a large sum of money and you just don’t have the cash.

When it comes to taxes, a lot of trainers are pushing it to the back of their minds to deal with later – every time they think about it.

And then all of a sudden it’s tax-o’clock and panic time!

I don’t recommend that method.
And when it comes to methods I do recommend, I obviously have to remind you that I am not an accountant and that this is not financial advice etc etc. Ok?

But I will tell you that when I have received large tax bills I have found great relief in knowing that the money to pay it is already set aside and ready to go.

On top of that, I also had another account building up a bonus for myself that I can take and use for anything I please.

This is because I use the Profit First System.

There’s a book by it’s creator, Mike Michalowicz, that I highly recommend. Check it out here. 

At first I thought that setting up this system was a bit of a pain but it’s been immensely worth it and I wish I knew about it and used it back when I first started my business.

Many members of my Masterclass have now put it into place as well and it’s changed their business and their relationship with money.

Here’s a review I wrote a while back about using the system – read here

Until next time

Tenille

PS Whenever you’re ready, here’s 3 ways that I would love to help you grow your business;

  1. Accept my challenge and choose 3 things from this list to get more clients this week – 62 Proven Ways To Get More Dog Training Clients and DO THEM
  2. Can’t figure out what to charge to earn what you would like? Grab my free rates guide here which includes how to calculate your base rate – grab here
  3. Follow me on the book of faces – https://www.facebook.com/tenillejwilliams/