I guess I'm just an old fashioned type when it comes to organizing my expenses, etc. for tax purposes, as I prefer the paper method rather than the electronic method. I guess it's true you can't teach an old dog new tricks!! LOL
If you are "old" like me, here is an idea to help you stay organized and keep track of your home party profits and expenses.
All you will need is a three ring binder and some index tabbed sheets.
Create a tabbed section for each month of the year. Inside each tab insert the following:
One Hostess Tracker to help keep you properly hostess coach each of your hostesses to have a successful party.
One or two Lead Trackers--You can utilize this to track your hostess leads or your sponsoring leads.
One Home Show Checklist & Party Costs and Profits for each of your parties. This has lots of information for you to record your profits, expenses, followup bookings, and more for each of your parties. Use one of these for other orders you place, too, such as individual customers, trade shows, fairs and festivals, etc.
Keep a large 9 x 13 envelope to stash receipts, order invoices, etc. for the month.
Next week, I will be going over how I organize my monthly calculations and filing processes in order to be better organized at tax time.
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