Before doing any financial projections, you need a clear pricing strategy. Understand the true cost of producing your products and services. Set prices that meet your financial goals. Address common pricing challenges, such as rising costs and shifts in customer demand, and explore effective pricing strategies that maximize profitability while maintaining competitiveness.

Work with volunteers to estimate business revenue from various income streams and analyze your products and services, customer segments, and sales channels to uncover trends and seasonal patterns. Learn how to better manage business finances, allocate marketing resources and time more effectively, plan for inventory and staffing, and set achievable business growth goals.

Learn to estimate your business cash needs in different scenarios and plan the timing of significant expenditures, such as hiring employees/contractors, buying equipment, purchasing inventory, or opening a physical location. Explore key cash flow management strategies to support both short-term and long-term financial stability.

Once you set your pricing strategy and estimate your sales projections, it's time to check if your pricing makes sense when compared with your business expenses. Learn how to calculate your break-even point and forecast profitability using a Profit & Loss statement. Analyze different financial scenarios and evaluate the potential impact of your decisions, like entering a new market, launching a new product line, or adjusting your pricing strategy.

Organize your financial transactions so you'll know where your money is going. Understand how different areas of your business are performing, and gather the data you need for tax filing. An effective bookkeeping system helps you generate important financial documents like a Profit & Loss statement and a Balance Sheet. Together, these tools can offer a clearer view of your business’s financial health, viability, and potential for growth.

If your bookkeeping is set up but feels messy, a Bookkeeping Cleanup ensures income, expenses, assets, and debts are recorded correctly, so you have a clear view of profit and loss, overall financial health, and you’re ready for tax season.