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I remember the first year I filed my self-employment taxes. I was sweating, frustrated, and a bit scared. Not because I didn’t know how to file taxes. Not because how much I had to pay. Nope. None of that bothered me.
There was another more significant problem. It was my total lack of organization. I couldn’t find anything. I had receipts in my desk drawers,in my “receipts” case, laptop bag, filing cabinets, and even found a few in my luggage. Yep, buried deep down in my luggage.
Think about it this way, my unorganized mess caused unneeded stress, inefficiency, anxiety, and time. We all know time is money! Lesson learned.
The second time, damn I was organized. I had everything in the correct place. I had bookkeeping and accounting software ... with the click of a button, financial reports printed off in perfect format. Opened up one drawer, receipts in hand. Zip, zoom, bang, and done and off to the accountant.
If you want to be successful you must work on your organizational skills. This type of organization includes offline and online, paperwork in filing cabinets, or cloud-based folders.
Organization increases efficiency. You reduce the time spent on mundane tasks and free up time to work on growing your business.
Thanks for watching and see you next time. As always, if you have any success tips, feel free to connect, comment, and share!