Preview Mode Links will not work in preview mode

Process to Profitability

Jan 31, 2019

Today I’m talking about accounting, bookkeeping, and client appreciation with Nadia Anderson. We cover a lot of topics in this show including the differences between accounting, bookkeeping, and financial planning, and the types of systems you should have in place as a business owner for your finances. We also talk about getting ready for tax season with quarterly taxes and deductions and how all of that works. Then we talk about client appreciation and how Nadia has used that to build both of her businesses and really create relationships that are ongoing so that she can continue to work with clients, vendors, and team members that she loves.

Nadia Anderson is the owner of Virginia Grace, an event management company that creates stress-free celebration memories for its clients. She is a certified public accountant (CPA) and a chartered global management accountant (CGMA) with twenty years’ experience. In her accounting practice, she supports creative business owners and nonprofit organizations with her unique blend of creativity and business aptitude and experience. She enjoys sharing information and giving practical advice for entrepreneurs to be successful. Follow her on Instagram and Facebook @NadiatheCPA and @vagraceevents.

Topics Discussed:

  • Staying on top of your finances so you aren’t rushing to prepare for tax season
  • The difference between accounting, bookkeeping, and financial planning
  • Building a dream team and who should be on it
  • The types of systems business owners should have in place for bookkeeping and taxes
  • What quarterly taxes are and how they might benefit your business
  • Business deductions including meals and clothing
  • How client appreciation benefits business owners
  • Building referrals through showing appreciation to both clients and vendors
  • How Nadia shows appreciation to her clients before, during, and after working together

Resources Discussed:

Action Steps:

  1. Build your dream team of an accountant, financial advisor, lawyer, insurance agent, and banker
  2. Set aside time every month (or more often) to look at your finances
  3. Consider ways you can show more appreciation to your clients and team members

Connect with Nadia: