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  • Writer's pictureCherie Larson

Thankfulness From Your Financials

Whether 2020 has been an extremely poor year financially for your small business or one of your best ever, your financial statements can help you find something to be thankful for this Thanksgiving.

Here are a few places to look:

Revenue/Sales: Whether up or down this year, you’ve had some sales. Who are the customers behind those sales? Be thankful for each of them. They could have spent their money elsewhere but chose you.

Expenses: It’s easy to complain about how much things cost, but try to look at the expenses you are grateful for this year.

  • People: Employees, contractors, virtual assistants, web designers, IT support, accountants, and lawyers all support you and free up your time to focus on what you are best at.

  • Zoom or other video conferencing software: Where would your business be this year if you didn’t have this?!

  • Software: Word, Excel, scheduling, CRM, POS - these programs are critical for your processes to run smoothly.

  • Inventory/Products: You were able to purchase items to sell - not every business was able to buy what they needed this year.

  • Utilities: Internet, electricity, heat, A/C, water, and trash - very basic things we generally take for granted but need every day.

  • Insurance: Health, business, cyber, workers comp - these all bring peace of mind and financial security when needed.

We are grateful for you - our readers, clients, and followers. We wish you and your family a holiday filled with joy and thanksgiving for all that we have!


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