Jul 12, 2023
You might find yourself overwhelmed by the complexities of financial and accounting terms, often leaving you with little time to dedicate to learning about these topics. Audits can occur inconveniently, adding stress and pressure to your busy schedule.
In this episode, I explore the contrast between physically demanding work and administrative tasks, acknowledging the necessity of handling financial reports and organizing insurance despite personal dislikes. The challenges of completing an audit provide insights into overcoming mental and emotional blocks to think positively and recognize the potential benefits. I explore the fears and anxieties associated with audits and the importance of an insurance company providing support and guidance during these processes.
“When these notices come in, get them handled immediately.”
-Keith Kalfas
Today’s Topic:
00:40 - Free sign-up, Industry Deep Dive: Mastering Profitability in Lawn Care. Free virtual event. Register at https://www.keithkalfas.com/events.
00:12 - How do you handle your business's administrative tasks and financial responsibilities? Do you enjoy these tasks, or do you find them overwhelming?
03:34 - What happens if you have an emotional response to tax audits? How did you handle it, and what was your experience?
7:22 - How do you ensure that your business complies with all
the requirements and regulations, especially regarding payroll and
employee documentation? If you can’t handle these situations alone,
get a bookkeeper from your blue skies accounting or find your local
accountant.
Key Takeaways:
Connect with Keith
Instagram:
https://www.instagram.com/keithkalfas/
Facebook:
https://www.facebook.com/thelandscapingemployeetrap
Website:
https://www.keithkalfas.com/resources
Youtube:
https://www.youtube.com/@keith-kalfas
Resources/People Mentioned:
Mastering Profitability in Lawn Care. Free virtual event. Register at https://www.keithkalfas.com/events.