Stop Co-Mingling Funds
As a bookkeeping consultant I have the pleasure of working with a wide range of businesses owners. One common mistake that 50% of them make is co-mingling funds. Entrepreneurs and small business owners please STOP co-mingling funds, I beg of you. If you have not been made aware it is poor business practice and something that happens way to often.
What is co-mingling funds you ask. Co-mingling of funds is when one uses there personal checking account as their business account. There are many reasons why one should not co-mingle personal and business funds. One reason why is, it creates an extensive workload for your bookkeeper/accountant who has to spend countless hours deciphering between what is a business expense and what is not. Another reason is, the co-mingling of funds limits your ability to see your company’s growth in revenue. It is EXTREMELY important to separate personal income from business income. Without separating the two It is hard to get a clear picture of how your business is doing financially.
Tips to help resolve your co-mingling funds issue
The first step to take in solving this problem is open a business checking account. Be sure to shop around to ensure you get the best deal. Having a business checking account allows for all business income and expenses to debited or credited from that one account. This also forces you to pay yourself first, which means transferring funds from the business account to your personal account to take care of expenses that can not be classified and business expenses.
Keep in mind that your business account should be used for business transactions only. Be sure to keep accurate financial records. If that is not your strong suit higher a certified bookkeeper to handle that aspect of your business. I guarantee your stress levels will diminish come next tax season.
Take a second to read the article below
A Business Is Not Your Personal Piggy Bank
Until we meet again beautiful KINGS and QUEENS.
Procrastination can be one of many reasons why we do not accomplish what our heart desires. Often times we put things off for tomorrow that can be done today. How many of us have done that once or twice in our life? To procrastinate, or not to procrastinate, that is the golden question!
Understand one thing beautiful KINGS and QUEENS, nothing will ever get accomplished if we do not hold ourselves accountable, buckle down and get it done! So often I hear people talk about what they want to do but very rare do they actually accomplish that thing. How many times have you said you want to debt free? How many times have you said you want to start a business? How many times have you said you need to network or partner with that person and never got around to doing it? Realize, words without action is worthless. Remember that old saying “Don’t talk about it, be about it”. That is what I want to encourage you to do TODAY!
Ending Procrastination – Psychologytoday.com
You may be telling yourself you don’t have the time, or you already have too many things going on, or you may not know how to go about doing what it is you are trying to do. Ask yourself this question is procrastinating going to get you where you trying to go any faster? How bad do you really want it?!?! Do not be discouraged!
It may seem like that “thing” is unattainable RIGHT NOW but I promise you once you let go of all the excuses, remove the fear of the unknown and take that leap of faith, you will start to bask in the fruits of your hard work and dedication. I speak from experience when I say that there is nothing more gratifying than looking back and seeing all of the sacrifices you made to reach your goal!
Until we meet again stay encouraged and STOP PROCRASTINATING!
Us fashion crooners are always looking for a new hot exclusive line to welcome to our closets. With summer approaching, we all want to be fresh from head to toe. With apparel lines on a major rise, our closets are looking for some attention from different clothing lines. It seems as though underground lines are the “new thing”, Me personally I love rocking apparel, a fly t-shirt or hoodie with some sneakers are always a go to for me when I want to dress it down, but still be one the best dressed in the room while not wearing the normal sexy dress and heels. Us keyholders here at Society Keeper are always on the look out for the hottest trends as well as the hottest up and coming designers.
We recently came across the Atlanta based clothing line, Occhio Black. With the name meaning “The Black Eye of Success”, it gives a fresh, refined, but urban appeal. Looking through the various pieces, this line is definitely worth mentioning, or spending money on rather. The line was founded in 2011 in Savannah, GA by Brooklyn native Eric Poole who now resides in Atlanta, GA. According to Mr. Poole he had been selling clothes his whole life starting with his mother owning a store. It all started with $60, some tees from Walmart, and paint; things flourished from there. Sounds like a humble beginning doesn’t it? The line began when Eric attended Savannah State University in Savannah. It was then he started to sell his clothing out of own home and the line was instant hot commodity among the campus which later became relevant in the music and fashion.
After being around for a few years now, the line carries some notoriety. With stars like Teyana Taylor wearing the apparel, and appearances on notable television shows such as MTV’s Black Ink, Occhio Black is definitely a line to look out for. It reminds us of the likes of other apparel lines on online boutiques such as Karmaloop. However, this line offers something different, it is fresh and cutting edge along with it’s nostalgic logo of a bleeding eye. The CEO, Eric Poole, describes the line as “Eclectic, different, street…”. ECLECTIC! The perfect adjective to describe this brand. We can’t wait to see what more this brand has to offer! We’re absolutely confident the next collection from this brand will blow us away!
So where can you get gear from this brand? You can shop online the brand’s website http://www.occhioblack.com. Also follow their Instagram while you’re at it! @occhio_blk_clothing
As you all know, last Monday was fashion”s biggest night, THE MET GALA! All of us lovers of fashion look forward to this very night to see all of the leading-edge statement ensembles the most notorious clothing designers used their creative minds to stitch together. This year’s theme was “Manus x Machina: Fashion In An Age Of Technology”. The focus was on handmade couture and machine made fashion. When we first heard about this theme, us “keyholders” here at Society Keeper were absolutely excited. This meant endless detailing, colors, prints, fabric, and the list goes on! If you’re a fashion crooner like myself you know exactly what I mean. On this lovely evening we were given the pleasure of seeing the amazing works of art that graced the red carpet under the stars of New York City at the Metropolitan Museum of Art Costume Institute. Of all of the incredible pieces from top designers, there was one designer who stood out the most. It was no surprise this designer was a stand out. It was none other than one of my absolute favorites, BALMAIN! The dresses that graced the red carpet from this line were astounding! Nothing but red carpet perfection! All of the detailing, beading, cut out details and so much more were to DIE for! Creative Director Olivier Rousteig really showed us that Balmain is the red carpet royalty. Check out these ravishing red carpet numbers from the designer!
Cindy Crawford looks AMAZING in this cold shouldered, long sleeved, form fitting, silver number!
Jordan Dunn did this Balmain dress very good justice! With cut out mesh detailing and gold fabric adds edge, but still keeps the class of the dress constant with the longs sleeves and high neckline. Kudos!
Joan Smalls is definitely wearing this Balmain piece. The cut out detailing, the thigh high slit, and the bustier effect on the dress give her the right amount of sex appeal for this night of top notch fashion on the red carpet!
Kylie Jenner is also making a huge fashion statement with this Balmain number. It’s obvious this dress is stunning with all of intricate beading and detailing on the dress. This cut out sides also adds just the right amount of sex appeal while not taking away from the “wow factors” of the dress.
Remember the Balmain dress Alessandra Ambrosio wore at the Vanity Fair Oscar’s After Party? Flawless right? Well, the supermodel has done it again. This is actually our favorite look from the designer for the star studded night. The crochet detailing and the form fitting silhouette compliments her ridiculously amazing body and her taste in fashion![slide id="Slider_id"]
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Good afternoon readers! As you may have read in some of my previous posts, I am undergoing a major downsize at home. There are many reasons why I am doing this. My efforts will be doubling tonight, and until it’s complete as I’m watching mother nature ravage Fort McMurray, Alberta with a severe wildfire. […]
I had to sure this article with our readers, simply because downsizing can save your life. Internally we are effected by the things that we add to our lives that we think we need but don’t. Downsizing is just another way of saying “declutter your life” or “getting organized”. It’s time to let go…let it go. As my spiritual mentor would say: “if it isn’t beautiful, useful or you can’t give it away…throw it out!” Downsizing can set you on the path to your happiness.
Downsizing your home
via 5 ways Downsizing has improved my quality of life — ROOTED IN HAPPINESS