• Personal Taxes
  • Bookkeeping
  • Accounting
  • Payroll
  • Business Taxes

Successful Financial Strategies Keep It Simple

Social Media Wk 3 2 300x300Successful financial strategies keep it simple. Last week we discussed creating multiple streams of income with wisdom. Most business owners begin working with multiple strategies that are distractions in their business. Multiple streams of income are birth from your current processes. What stream of income can you create that will not cause a financial hardship? What can you create that will allow you to use current resources? Although there are times in a business that feel as if you need money now we have to be aware of how we earn the money. If you are spending more than you are earning you will create a greater shortfall. I have watched many business owners who started a new business because someone else made fast money.  The business owner they were trying to mimic was focused on 1-2 business ideas that stemmed from one business. He had money from business #1 to start business #2 and he had the marketing down. The other business owners were still trying to build business #1. If business #1 is not off the ground you have to focus on that business. Unless you are in a business you did not feel called to be in for the long term. There are businesses that are meant to fund the business that God has purposed for us. I wasted a lot of time by being distracted in my business. This Sunday in church the pastor taught about regrets. I regret I put people before God. I have learned the hard way to listen to God first and not what everyone else or the world is doing. I imagine how much further I would have been if I would have focused on God first. But since I can't go back I must go forward and make sure I focus on God this time. I trust he will turn this around for his good! Romans 8:28 New International Version (NIV) 28 And we know that in all things God works for the good of those who love him, who[a] have been called according to his purpose. Keep it simple.


Take Action:

  1. Why are you starting a new business?  
  2. Is a completely new business better than a new stream of income?
  3. What will it cost you to start the new business?
  4. What processes do you have planned to earn income in the new business?
  5. How will you maintain and build your current business while building the new business?
  6. How much more will this cost you?

Post your comments on B&P FaceBook training area! I would love to hear your thoughts!  


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Y. Michelle Coard, President and Profit Strategist

Biz Tools Image 258x300 B&P Business Tools- 3 Options A. Sign up for the year with a one-time fee of $499 B. Monthly payments without consultation. $49 a mo plus a $29 annual renewal fee. First time purchase $78. C. Monthly payments with consultation $99 a month plus $29 annual renewal fee. First-time purchase $148 Need more detail? Follow this link: http://bit.ly/2pIDy2Q

Customer Service Versus People Pleasing Part 4

Social Media June 2017 Week 4 1 300x300Customer service versus people pleasing. How many people think the two are the same? Customer service is essential, and giving quality customer service should be based on the principle of "love others as you love yourself," this principle is based on a Bible verse Matthew 22:39 KJV.  Perhaps, you may need to love others better than you love yourself if you struggle with low self-esteem or if you struggle with putting yourself first, but that's another topic for another day.

Treat others as you would like to be treated. After 12 years of being self-employed and 15 years as an employee, I think people have confused customer service with people pleasing. Customer service should not infringe on the proper treatment of others. I have had clients who use their money to control others. Clients who use their money to control people and situations expect to come above all else.

Taking money from those clients meant I was expected to take their calls immediately. I was expected to work on my day of worship and rest because that is the pattern of the world.  I did not know the difference, and I would step out of the church to respond to their calls. I have left my family sitting at the table because I thought that it was excellent customer service and it would build trust.

Galatians 1:10 KJV"- Am I now trying to win the approval of human beings, or of God? Or am I trying to please people? If I were still trying to please people, I would not be a servant of Christ."

Customer service is vital to our businesses, but people pleasing will set unreasonable expectations and cause burnout.  Take time to write out the terms of service for you and your clients.  Terms of services is an agreement and not contingent for giving your client demands.

Y. Michelle Coard, BAS, Accountant, President, and Profit Strategist. 

 

 

 

Financial Success Is Found In The Middle of Peace

Social Media Oct Wk 1 300x300It's a wonder that doing less feels productive but somehow the world views it as lazy. "Less is more" is my focus for this year. I learned this principle by focusing on God.  I found financial success in the middle of peace. Because God is in all aspects of our lives His principles for everyday living are the best principles ever! Man complicates tasks because we believe it could not be that simple. We make the same mistakes in money. One of my biggest goals in money and time was to stop feeling like a moving target. In the past, I tried hard to follow a plan but it seemed I would fail. Trying to manage these giants on our own is overwhelming and self-defeating. I follow a well-known productivity manager but lately one of his email titles said, "Time Management Is A Waste Of Time." I disagree. If we focus on God first, he will give us the desires of our heart. Psalm 34:4. Financial freedom is similar to some religious beliefs. Many people don't believe that salvation is obtained through Christ and not through our works Philippians 3:8-10. Most believe this about financial freedom. Many believe that we have to work day and night to have financial freedom. We do not create wealth by our own hands but God creates wealth. Deuteronomy 8:18. Because God creates wealth he will guide us into how he plans to give us wealth. We work in his wisdom, rest, and guidance.


4 tips to organize finances:

1. Create separate accounts for business and personal transactions and income

2. Create separate accounts for auto drafts. Auto-drafts should be in an account with a very low balance after the drafts complete.

3. Go through what I call a financial fasting. There was a time when all of my expenses were more than my income. I had to eliminate a large number of expenses. Usually, expenses increase faster than income. But income can and will increase.

4. Avoid increasing expenses every time income increases. You first have to be able to break even and save without a pinch before adding a new expense.

Remember there are seasons for certain expenses. Perhaps there's an expense that we think we can't live without but we can. Turn this expense into a celebration expense for all of your hard work on occasions. You will appreciate it more. I learned through the lean times that I was not living in deprivation but I learned to live with less. Now, I feel more in control and wealthier. Philippians 4:12 NIV


Comment BubblePost your comments on B&P FaceBook training area! I would love to hear your thoughts!



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Y. Michelle Coard, President and Profit Strategist

Would you like to work with me?  I have a couple of options to get started.

Biz Tools Image 258x300B&P Business Tools- 3 Options A. Sign up for the year with a one-time fee of $499 B. Monthly payments without consultation. $49 a mo plus a $29 annual renewal fee. First time purchase $78. C. Monthly payments with consultation $99 a month plus $29 annual renewal fee. First-time purchase $148 Need more detail? Follow this link: http://bit.ly/2pIDy2Q

Christian Business Owner's and Pricing- Is Money Evil? Part 2

Most Christian owners fail to set pricing to earn a profit. Many believe money is evil or earning profits are greedy. Is money evil? How can you use the profit to benefit others? Let's talk about it. Getting to the root of the money issue. Y. Michelle Coard Read the blog: http://bit.ly/2sXe6cX

Avoid Extremes 2 300x300

Should Chrisitan business owners charge or is pricing greedy? Most Christians or Christ Followers always look at me like I am greedy when I say “you need to charge or increase prices.” Apparently, to place a price on a product or service is deemed greedy or evil. Unfortunately, most Christians misapply this Bible verse “The love of money is the root of evil.” and “It is more blessed to give than to receive.”- Both scriptures are true but how we apply the scriptures has been in error over the years or deception by our accuser.

Misapplied scriptures have created a major and I do mean major money block or poverty mindset. Christian’s fail to see opportunities for which God is calling them to earn income. Yet they are angry at those who have the money or continue to earn money.

Jesus speaks a very common parable in the Bible about talents (thousand of dollars back in the day) Luke 16. He speaks about the use of money and the responsibility associated with managing the money. He speaks of us receiving that which is more important than money which is the riches from God.

Goes back to man can not serve tw0 Gods, both God, and Mammon (an idol or false God) Luke 16:13 NIV. Most translations translate Mammon as money but that is what the false god (Satan) uses to deceive us.

Money is simply a resource. God does not need money to grow His Kingdom but he supplies it to us for our earthly economy.  We trade goods and services for payment. Sometimes we barter but mostly we trade for money (payment). Money is simply a resource for payment outside of bartering. Money is not good or evil but it depends on the heart, mindset, and spirit of the person with the money.

Next week I will cover scriptures about selling and profit in the Bible.

Website: www.staging1.bpaccountingsolutions.com
FB: https://facebook.com/BPAccountingSolu...
twitter: https://twitter.com/BPAccounting
Linked In: www.linkedin.com/in/bpaccountingsolutions
Instagram: http://instagram.com/michellecoard

 


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Y. Michelle Coard, President and Profit Strategist.

Seek God's Favor In Your Finances

social media Oct wk 3 2 300x300I remember when I did not seek God's favor in finances. Instead, I tried to carry it all on my own. And as the head of household and a sole entrepreneur in my own company, the responsibilities became more than I could handle.

"If we seek good we find favor with God." Proverbs 11:2 NIV.

God is our refuge Psalm 91:4. God supplies all of our needs Philippians 4:19 NIV. Before seeking God I walked around stressed when it was time to order office supplies, go to the grocery store, purchase needed software or fill a need around the house.  God goes before us Deuteronomy 3:18 -I asked His favor to open doors that seem to be closed including finances. I have learned to seek God first in all I do. In essence, we are giving our burden to Christ as he told us to do.

Matthew 11:28-30 28 “Come to me, all you who are weary and burdened, and I will give you rest. 29 Take my yoke upon you and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. 30 For my yoke is easy and my burden is light.” We also have to wait with expectancy. If you ask and do not believe then you are limiting your own resources. Matthew 13:58 "And he (Jesus) did not do many miracles there because of their (the people) lack of faith." Waiting on God will eliminate the silent money leaks Credit Card Debt- Credit cards take up future income. Because these options seem like a blessing at the time it is really a trap for future income. You are responsible for paying back the debt. Lease agreements are also a promise of future income. If you have to lease an equipment or a car you are throwing money out of the window. Most lease agreements force a future purchase. If you are making lease payments you will have to save the money for the future purchase. Many people start all over with a never-ending lease and interest. Don't fall for the "it's tax deductible." The deduction is not worth the interest you pay in the end. What happens when income slows down? Stock- stock can include inventory, supplies, and surprise household items. We so often try to separate work from home that we don't pay attention to the supplies and items in the home for which we have duplicates. Knowing what you have on hand in business and personal life will save you thousands of dollars and space. He will provide. I often find myself amazed and thankful for his creativity. If we are not keeping our eyes and hearts open we often miss what God will do.


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Y. Michelle Coard, President and Profit Strategist

Comment BubblePost your thoughts over on B&P Facebook Business Page Have you been able to release the stress related to money?  Do you think you are more responsible if you worry about bills and income?  


Ecourse Card 1 MMMGW 9 300x300Learn more about "Discerning The Poverty Mindset." God knows the plans He has for us. And Jesus came that we could have life and have it abundantly. But that did not mean just after we crossed over into Heaven. Jesus meant that for today. But there are things that have to be cleared first. In “Discerning The Spirit of Poverty.” We will cover how this spirit attacks many people. People with or without money.  Click Here to learn more.  

Christian Business Owner's and Pricing - Is Money Evil? Part 1

Most Christian owners fail to set pricing to earn a profit. Many believe money is evil or earning profits are greedy. Is money evil? How can you use the profit to benefit others? Let's talk about it. Getting to the root of the money issue. Y. Michelle Coard Read the blog: http://bit.ly/2sXe6cX

Avoid Extremes 2 300x300

Should Chrisitan business owners charge or is pricing greedy? Most Christians or Christ Followers always look at me like I am greedy when I say “you need to charge or increase prices.” Apparently, to place a price on a product or service is deemed greedy or evil. Unfortunately, most Christians misapply this Bible verse “The love of money is the root of evil.” and “It is more blessed to give than to receive.”- Both scriptures are true but how we apply the scriptures has been in error over the years or deception by our accuser.

Misapplied scriptures have created a major and I do mean major money block or poverty mindset. Christian’s fail to see opportunities for which God is calling them to earn income. Yet they are angry at those who have the money or continue to earn money.

Jesus speaks a very common parable in the Bible about talents (thousand of dollars back in the day) Luke 16. He speaks about the use of money and the responsibility associated with managing the money. He speaks of us receiving that which is more important than money which is the riches from God.

Goes back to man can not serve tw0 Gods, both God, and Mammon (an idol or false God) Luke 16:13 NIV. Most translations translate Mammon as money but that is what the false god (Satan) uses to deceive us.

Money is simply a resource. God does not need money to grow His Kingdom but he supplies it to us for our earthly economy. We trade goods and services for payment. Sometimes we barter but mostly we trade for money (payment). Money is simply a resource for payment outside of bartering. Money is not good or evil but it depends on the heart, mindset, and spirit of the person with the money.

Next week I will cover scriptures about selling and profit in the Bible.

Website: www.staging1.bpaccountingsolutions.com
FB: https://facebook.com/BPAccountingSolu...
twitter: https://twitter.com/BPAccounting
Linked In: www.linkedin.com/in/bpaccountingsolutions
Instagram: http://instagram.com/michellecoard


cropped Bio with Pic for Newsletters and Blogs 300x130
Y. Michelle Coard, President and Profit Strategist.

Is Rich Minded The Opposite of The Poverty Mindset?

Social Media Oct Wk 4 5 300x300Rich minded sounds good, right? Is rich minded the opposite of the poverty mindset?  Many self-proclaimed money experts are teaching the power of using your mind to attract the right clients to earn what you allow yourself to earn. Rich minded to the world means if you focus on how to get rich you will get rich. Let riches in...after all you deserve it...right? Rich minded in the Bible is a selfish pursuit of money and is actually advised against. 1 Timothy 6:9. 9 "But they that are minded to be rich fall into a temptation and a snare and many foolish and hurtful lusts, such as drown men in destruction and perdition." This verse is not saying those who are rich can not love and worship God. In 1 Timothy 6:17 we are instructed to speak to those who are rich to focus on God. 17 Teach those who are rich in this world not to be proud and not to trust in their money, which is so unreliable. Their trust should be in God, who richly gives us all we need for our enjoyment. Many people will interpret the scriptures above to mean Christian's should not be rich. However, it states not to be rich minded. Avoid chasing money or don't put your faith in money. Instead, follow 1 Timothy 17 and put your faith and trust in God. Is rich minded better than or the opposite of the poverty mindset? Interesting from studying the scriptures the Holy Spirit directed me to the relationship between the two mindsets. Poverty also believes money is a god. Their trust is also in money. Proverbs 10:15 The rich man's wealth is his strong city: the destruction of the poor is their poverty. Many people believe poverty is a requirement to follow Christ but the scriptures reference the poor in spirit and not money. We all need Christ and are poor in spirit without Him. Money does not change this fact. As long as we seek God and receive the abundance that he gives it will create a rich spirit and this also manifest into money riches and wealth (the much....heavenly promises, love, health, people, a relationship with Jesus). Are you ready to create a mindset of abundance and overflow in Christ? In my new course, I will help you walk through "Discerning The Spirit of Poverty" which in turn will bust the rich minded spirit. Double duty. Dig in to go deeper and allow God to get to the root of the money matter. Learn more....


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Y. Michelle Coard, President and Profit Strategist

Comment BubblePost your comments on B&P FaceBook training area!I would love to hear your thoughts!


What The FaceBook Live Recording 10/24/2017 - Includes 10 Indicators of the Poverty Mindset. 


Ecourse Card 1 MMMGW 9 300x300Learn more about "Discerning The Poverty Mindset." God knows the plans He has for us. And Jesus came that we could have life and have it abundantly. But that did not mean just after we crossed over into Heaven. Jesus meant that for today. But there are things that have to be cleared first. In “Discerning The Spirit of Poverty.” We will cover how this spirit attacks many people. People with or without money.  Click Here to learn more.


Customer Service Versus People Pleasing and Spiritual Aspects

Today, we will discuss the spiritual aspects of customer service and people pleasing.  Are there underlying spirits that drive some of our business connections and client expectations?  Let's talk about how this impacts money and our emotions.

About God's Business Podcast: Christ Followers, We Smile Through Tough Times. Is It Delusional?

Podcast is at the bottom of the page. You can watch the video lesson on Youtube.  The podcast recording has additional information and expansion on the topic.  Financial examples included. 

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Are Christians that find the good things during bad times delusional? Many say yes. The hard part is that many people who call themselves believers give other Christians a hard time when they do. Why? Why can we or should not allow bad times to crush us? First, if Yahovah is indeed our provider and shelter than the pride of life or cares of this world will not choke our faith (Mark 4:19 KJV). Yahshua gives us instructions not to mourn like others in this world. One hope to see them again because if they are dead in Christ, they will be called to him when he returns. 1 Thessalonians 4:13-14 KJV. We are told to count trails as joy (James 1:2).

ames 1:2 My brethren, count it all joy when ye fall into divers temptations;


Although this verse says temptations (lures, attractions) when you research the word, it means trails. Remember Yahovah does not tempt us with sin (James 1:13 KJV), but he will give us a way out (1 Corinthians 10:13 KJV). He will test with trails (the fire).

1 Peter 1:7 (KJV)
7 That the trial of your faith, being much more precious than of gold that perisheth, though it be tried with fire, might be found unto praise and honour and glory at the appearing of Jesus Christ:
Also see Zechariah 15:8-9 KJV, Isaiah 48:10 KJ
V

And I know we are to endure the trails and not sin by the scriptures in Numbers. (Numbers 19:9 & 17, 31:23). We are to be separated by our sin by being purified in the waters of separation (to be separated from sin or cleansed which is the baptism of the water and a declaration to turn from our sins).

Yes, we need to find the good in hard times. When we do, we are purified in that we are to leave certain things behind. An example is learning to live without certain "wants" during periods of financial challenges. I learned that we could wait, delayed gratifications, and that money does not define me. I also learned that money doesn't control me.

Through my hardships, I have learned I am no longer slave to my selfish desires, the pride of life. Mammon has no power. Instead, when I come out of this fiery trial, I understand that Yahovah is indeed my provider (Genesis 22:14 KJV) and not money (Matthew 6:24 KJV). I deserve to suffer but Yahshua's sacrifice, YAH's grace, and mercy have set me free! I am an overcomer of the fear of missing out and the desires of the flesh. Desires that lead us to believe we must have a certain income or materials to be considered successful and blessed.

Praise Yahovah!

By

Snapshot 55

 

Thankful to be the Author and Owner

of Business & Personal Accounting Solutions



My New E-Book

Breaking Forgotten Curses: Receiving Your Power & Authority Over Demonic Oppression

I am so thankful and nervous! I have rolled out my first Kindle book! Yes, that's me, Yaschica! Get your copy today! Breaking Chains!

I love that even through rolling out this book Abba shows me things don't have to be perfect. There were challenges, such as uploading the wrong manuscript copy, lol. But Yehovah will lead you to what you need and to the people who can guide you.

Head over to Amazon and grab your copy today!!

About God’s Business Podcast: Serving YAH, A Daughters Service

Podcast is at the bottom of the page. You can watch the video lesson on Youtube.  The podcast recording has additional information and expansion on the topic.  Financial examples included. 

We live in a world that feminism is trying to drag every woman with them by stronghold arguments of what it looks like to be a woman today. I am also confused that it seems that anyone can be a woman (or appear to be) if they so choose. However, YAH said women are special, and so are his sons. We all play an essential role. I grew up with a very independent attitude, but I thought I knew from the beginning I would have to take care of myself and others. I did not understand that Yahshua came that we could be joined again with our Heavenly Father YAH’VA.

Focused
I noticed as I searched out the scriptures I was lead by the Ruach HaKodesh (the Holy Spirit of YAH) regarding my purpose and calling. I struggle for many years because I did not know if I was doing what YAH called me to do or if I was doing what I wanted today. We live in a world that focuses on following their hearts although we the scriptures tell us our hearts are deceitful. Until we allow YAH to create a pure heart in us, we do what we want to do.

Romans 8:6-10 King James Version (KJV)
6 For to be carnally minded is death, but to be spiritually minded is life and peace.

7 Because the carnal mind is enmity against God: for it is not subject to the law of God, neither indeed can be.

8 So then they that are in the flesh cannot please God.

9 But ye are not in the flesh, but in the Spirit, if so be that the Spirit of God dwell in you. Now if any man have not the Spirit of Christ, he is none of his.

10 And if Christ be in you, the body is dead because of sin; but the Spirit is life because of righteousness.

Many said that my journey of dying to flesh was selfish because I didn’t worry about finding a job outside of the home. I knew YAH was providing, but I did let their doubt make me doubt. I wasn’t sure either for many years. I also noticed this doubt made me the target of many business coaches; thankfully I couldn’t afford their fees. The questions arose, “is it possible to be what the world calls a stay at home mom possible because I am single? My journey has finally brought me to the point that yes it is possible. I have learned that if YAH says it’s so, it’s so because these things are possible with YAH. He wants his daughters to be in the home or homemakers as well as taking care of and teaching the children first. I also run a business outside of my house. I enjoy what I do, and I had to focus on my calling first. Regardless of what big business influencers say today, remember they are lead by mammon, the world system, YAH has a plan.

I am single because I choose not to remain in a sin-filled and abusive relationship. But, I wanted better, and that did not change my role as a woman. I know it’s hard to believe but’s it’s true. Some women can and work outside the home, but for me, I am not called to work outside the house, and when I did it was complete turmoil!

Titus 2:5 King James Version (KJV)
5 To be discreet, chaste, keepers at home, good, obedient to their own husbands, that the word of God be not blasphemed.

Focus on your first assignments

  1. I seek the Kingdom of Heaven, the King of Heaven and our maker, YAH’VH and YAHSHUA with all that I am!! I desire to keep Torah.
  2. I take care of home. I am a keeper at home, and that does not change regardless of my marital status. Understanding this I can live without desperation because of Yahovah Yirah, my provider!!
  3. I am a businesswoman. Proverbs 31:16 KJV – She considereth a field, and buyeth it: with the fruit of her hands, she planteth a vineyard.

The steps above summarize what I do. There are times that I am stressed, but it’s a choice as I cast my cares on YAHSHUA as his word tells me to do!

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