Thriving Business - Income Tracking Tool
Come behind the scenes at Thrive HQ and see how I track my income, using this handy tracking tool! By sharing how and why I do some of these things in my own business, I'm hoping to help you in yours!
Income. It's a touchy subject, right?
No one seems to like to talk about how much they make, and how they juggle all their commitments and responsibilities in this freelancing/VA world.
Don't panic - I'm not going to be talking about money today!
Today I want to show you how this income tracking tool I created in Microsoft Excel helps me stay across my business income. And why I still use it today!
And I'm doing it via this handy video I've put together...check it out!
No matter where you are at with your freelancer or VA journey, it's really important to keep track of your income.
As a business owner, you need to prepare for your tax obligations. The tax man isn't interested in seeing what you spent your money on, he wants you to have it to pay your bills!
Superannuation, for freelancers, is often an afterthought. Try reframing it to be investing in yourself, and preserving the lifestyle you are creating by running your business. Suddenly, it becomes much more important 😊
If you aren't in a position to take on accounting or cash management software, that's totally ok. But, there is no reason for you not to have a system in place to track what you are doing. Trust me, your accountant will love you for having all the information in one place! It's also really useful for the time when (if) you do move into some form of software, as you should always try and upload any historical data!
Get your own Income Tracker today!
You can get your own copy of the tracker I've used in the video here. You can download it as soon as your payment is processed.
Start tracking your income, and investing in yourself and your business.
The best investment you can make, is in yourself. Warren Buffet
Enjoy this post?
If you enjoyed this post, then let me know! Add a comment here, or get in touch directly - you can email me, or find me hanging out on Facebook, Instagram and LinkedIn (search Thrive Admin Services).
Thrive is a fan of Office 365
Thrive uses Office 365 Business, which includes Word, Excel, Outlook, Sharepoint, Planner and a heap of other awesome apps. If I've worked with you, chances are you've seen some of what I use to run Thrive through 365. It's come a long way from when I first started working with Word and Excel! These days, I have seamless access to all of my work no matter where I am!
If you would like to know more, you should definitely do your own research to see if it's suitable for you. You can compare the Microsoft 365 for business plans here.
**Disclaimer - Thrive is a Microsoft Affiliate, and if you choose to purchase via the above link, I may receive a small commission. You can read Thrive's full affiliate disclosure policy here.
- BLOG AUTHOR -
Marianne is your fast-talking, cheese-loving 'Microsoft Magician' and Online Business Manager (OBM) at Thrive Admin Services. Based in Hervey Bay, QLD, with her husband and their two dogs (Eli and Skye), she's a natural problem-solver, with a knack for seeing both the big picture and the small steps needed to make it a reality.
With over 20 years' corporate admin experience, she specialises in working with administration professionals and professional services business owners to share the tips, tricks and features inside your existing Microsoft 365 subscription to create the systems and processes of your dreams! It's all about reducing the overwhelm, frustration and heavy tech-talk, to create common-sense practical systems and processes that make sense to you! After all, sharing is caring!
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