IRS Audit Red Flags & Triggers
IRS Audit Red Flags Ok. It’s here. A blog post about the dreaded A word – audits. Every entrepreneur I’ve spoken to has been worried about being audited, but they also kind of assume it
Category: Financial Literacy
How to Read a Cash Flow Report
How to Read a Cash Flow Report We’re at the final in my series of Financial Literacy blogs (you can catch parts one and two if you missed them.) I have a few mottos when
How to Read a Balance Sheet
This is the second in my 3-part series on Financial Literacy (and you can read Part One here). I strongly believe – and am living proof – that financial literacy can change your life. Being
How to Read and Analyze your Profit and Loss Statement
How to Read and Analyze your Profit and Loss Statement This is one of the key things you need to grasp to run a successful business. Once you’ve finished reading this blog post, I want
Tax Prep vs Tax Strategy
Tax Prep vs Tax Strategy – What’s the difference? IS there a difference between tax prep and tax strategy? A lot of entrepreneurs I speak to have a frustration around tax affairs, and I think
How to Pay yourself in your Business
Let’s call a spade a spade here: we all started our businesses to make money. I hear people all the time say “if you’re in it for the money, you’re in it for the wrong
How to Save Receipts for your Business
As entrepreneurs, we all know we’re meant to save out receipts. But I think we also know about the skeleton in the closet here… Shoeboxes FULL of business receipts. This might seem like a cliche
15 Cash Flow Tips
Hands down, this is the biggest challenge I see entrepreneurs facing. Cash can be tricky to get your head round. What you see in your reports doesn’t always match up to what’s actually happening in
Accounting Basics – A Guide To Almost Everything You Need To Know!
This week’s blog post is something that I’ve been wanting to cover for a while, as I know it’s a HUGE weight on a lot of entrepreneur’s minds What IS Accounting?? I’m not talking about
How to Set Financial Goals in 2022
It’s great to set goals, but a goal without a plan is just a wish. Entrepreneurs can always tell me about their marketing plan, or their recruitment plan, but when I ask about their financial
My name is Denai Wolfe and I am passionate about three things, my children, my husband, and entrepreneurship.
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