Manage your Money

Owning and running a business means you need to keep track of your finances as well! If you have never run a small business before, there is a lot to learn! This program will help you learn the financial side of running an organizing business so you can become a successful organizer and business owner.

This program includes 4 essential courses geared towards teaching you how to manage the financial side of your organizing business. An Accounting Spreadsheet template is included too, to guide you through your bookkeeping.

Classes:

Money 101: Setting your Professional Organizing Fees

Setting your professional organizing service fees is a difficult part of getting started in the industry. You don’t want to price yourself too high and scare away potential customers. At the same time, you don’t want to price yourself too low and end up feeling underpaid! In this on-demand e-Course we’ll help you determine your fees and gain the confidence you need to set the rate you deserve.

Here’s what we’ll cover in Money 101: Setting your Professional Organizing Fees

• Determining value
• Hourly vs. project-based fees
• Cost factors
• Determining your fees
• Formula for setting your fees
• Selling!
• Offering discounts and incentives

Money 201: Setting up and Using Quickbooks

QuickBooks is an essential tool that helps you track your expenses and finances. It is especially important for professional organizers as business owners to have this skill. We’ll walk you step by step through the process of setting up and using QuickBooks specifically for your organizing business. Not only can you use this skill for your own organizing business, you can also help your organizing clients set up their QuickBooks, too.

Here’s what we’ll cover:

• Accounting terminology
• Setting up your QuickBooks
• QuickBooks functions
• Entering customer and vendor information
• Payables
• Receivables
• Reconciliation
• Reports

Money 301: Creating Alternative Income Streams

There are only so many hours in a day, so as an organizer you can be limited in the income you can earn doing only hands-on organizing. The solution is developing alternative income streams! We’ll provide you with some great alternatives to hands-on organizing and tell you how to market them to bring in additional income and skyrocket your organizing business.

Here’s what we’ll cover:

• Benefits of alternative income
• Top five alternative income options for professional organizers: workshops, referrals, writing, products, and coaching
• All the details you need to pursue each option
• Marketing your alternative income streams

Money 401: Exit Strategies

As professional organizers, we love to plan. But, have you thought of any exit strategies for your organizing business? You may dream of selling to the highest bidder, or retiring and handing over your business to your family. Even if you are years away from retirement, you need to have a plan in place now. This on-demand e-Course will walk you through the planning, development and successful execution of the four major exit strategy options for professional organizers. We’ll show you how to set your organizing business up for the future no matter how far off it may be.

Here’s what we’ll cover:

• What is an exit strategy?
• Planning your exit
• Choosing an exit strategy
• Details on the four major exit strategy options: closing, transferring, selling, and acquisition
• Steps to successfully execute each of these exit strategies

Included: An Accounting Spreadsheet template to guide you through your bookkeeping.

Accounting Spreadsheet

A successful business needs to have a good bookkeeping system. This Accounting Spreadsheet will help you keep track of your money! The Excel accounting spreadsheet has tabs to track organizing income, business expenses, bank deposits and mileage. It also includes a list of tax accounting categories for your Schedule C.

An accounting spreadsheet will help you keep your books organized and know how your business is doing financially every step of the way.