Changes, profitability and taxes, February 2021 newsletter
I have raised my prices twice since the start of the year.
I am creating a new way to service my long-term clients.
I went back to the salon after cutting out that expense for a full year (new hair pic below).
I am attempting a shopping ban with my boyfriend, inspired by The Year of Less.
How are my other commitments going? Some of them are listed below with updates.
I’m at 4-6 days a week between my home workout and gym program.
Competing in volleyball
I tweaked my knee a few weeks back so I’m on break from indoor volleyball but playing sand once or twice a week.
Selling work I’m proud of
Below are two recent client logos that I loved working on and my clients are over the moon. Both of these clients found me because of my connection to The Metropolitan Business League. If you’re a business owner in the City of Richmond, you will not find a more supportive business group to join.
Black History Month Features
Over on my Facebook Business page, I have been highlighting amazing Black folks I know in honor of Black History Month. We tend to hear about the achievements of people in past tense during Black History Month, and I know there are talented and amazing Black folks right now making history.
Some of the people featured are friends, clients, or professionals I work with and others are leaders in Richmond that have made a huge impact on me our our community. I hope you’ll scroll through and learn about some folks you hadn’t heard of and maybe find a new resource or two.
Vulnerable share as a business owner
- So far this calendar year, although my business continues to thrive, I am not profitable
- At the end of the year, and the start of this year, I made big investments in my business, I worked with a contractor to pump out extra work and payed taxes for big earnings at the end of 2020
- I am raising prices and narrowing my client engagements, and that scares me to think more people will say no
- I have an amazing coach who is walking me through these steps and I am hopeful that the graph inside my accounting software shows a positive trend soon
Thanks for reading. If you’d like to chat about an upcoming project, please fill out this form on my website to get started.