WE'RE IN THE HOME STRETCH, Y'ALL!
It's happening. You've made it through wedding season (or are hella close!). But before you breathe that sigh of relief, make sure you've got your pieces in place for the end of the year. Here's a quick list of things you need to make sure you've looked at to keep your biz green light on!
1) Gather all of your receipts!
I used to think that just logging my expenses was enough. I was wrong. Keeping copies of receipts is actually really important for entrepreneurs-- especially if you get audited. So that crumbled up receipt in the bottom of your purse? That smushed invoice in the bottom of your camera bag? PULL EM OUT and STICK EM IN A FOLDER!
2) Make sure you've paid your filing fees, sales taxes, and biz licenses.
When things slow down a bit, it's the perfect time to make sure your filings are all up to date. Take a gander at your state's corporations office to make sure you're up to date on your corporate filings. Dig out that business license to make sure it's paid to date. Make sure your sales tax figures are updated. WOO numbers!
3) Update your info if you've moved.
A lot of wedding businesses are home based. If you've moved, make sure you've updated your information with the bank, your credit cards, your state's corporations commission, your county business licensing office, and any other government bodies.
4) Evaluate your contracts.
Take a good look at all of your contracts. What worked? What didn't? What terms were you constantly editing and working around? What clauses made sense before but no longer serve you? What's WAY too wordy and needs a makeover? Or, is it time to buy a new contract all together?
What else are you doing to prepare for the new year? Leave a comment and we will pick the best to add to our list!