Blog

About God’s Business- The Spiritual Side of Routines and Financial Organization

About God’s Business- The Spiritual Side of Routines and Financial Organization Often, we fall trap to feeling like we are inconsistent on our routines so why create any, right?  We will cover why the routines you are trying to create may go against who you are naturally.  Perhaps, you are trying to change a habit

Read More

The Essentials for Fair Pricing

Fair pricing is important for an honest business owner. The world focuses on how to get rich fast. When pricing we have to avoid the world’s view. I have noticed that certain terms or phrases can make us feel we are not at a good point in our business or where God wants us to

Read More

Getting Over The Hurdle of Pricing for the Christian Business Owner

Getting Over the Pricing Hurdle for Christian Business Owners By bpasycoJuly 17, 2017B&P Blog Post Most Christ Followers struggle with earning income. Many believe we should give it all away or earn very little. Sadly, there are Christian business owners who misunderstand the need for profit and believe they should only collect enough to cover a

Read More

Christian Business Owners and Pricing- Is Money Evil?

Should Chrisitan business owners charge or is pricing greedy? Most Christians or Christ Followers always look at me like I am greedy when I say “you need to charge or increase prices.” Apparently, to place a price on a product or service is deemed greedy or evil. Unfortunately, most Christians misapply this Bible verse “The

Read More

About God’s Business- Customer Service Verses People Pleasing Spiritual Aspects

Today, we will discuss the spiritual aspects of customer service and people pleasing.  Are there underlying spirits that drive some of our business connections and client expectations?  Let’s talk about how this impacts money and our emotions.

Breaking Old Beliefs to Increase Profits

May We covered “The Fallacy of the Competition Mindset”, “The Generous Side of the Spender’s Mindset”, “The Power of the Saver’s Mindset,” The Wisdom of the Investor’s Mindsets”. Mindsets are important because what we think and believe will impact our money. We often think the most important part of earning money is finding that magical

Read More

The Power of the Saver’s Mindset

The saver’s mindset is a powerful mindset as this mindset knows the value of preparing for life. How often have you felt as if something unexpected always pops up? Perhaps, this is true because we are not thinking past the moment. I have also seen the downside of this mindset as extreme savers. As in

Read More

Meals and Entertainment Deduction

  The number one most misunderstood, misused, and misapplied deductions are the meals, entertainment & mileage deductions.     Most people do not understand the deductions but I can’t say the IRS code has made it easy to understand either.  Often times, business owners, including independent contractors, avoid deducting meals or they deduct all meals.

Read More

Bust The Debt Money Block

Bust The Debt Money Block Move the Debt Mountain- Busting Money Blocks Debt can eat up your extra money.  If you are in debt and receive an increase in income the responsibility to pay off the debt combined with garnishments can result in loss of the additional income. God did not mean for debt to be

Read More

Increase Income and Lower Your Taxes

Knowing our value brings the benefits of increased income. However, the thought of increased income often brings up anxiety for many. The increase is desired but handling taxes on that income can be somewhat disappointing. Most taxpayers believe they have to pay at least 50% income tax on business income. Therefore, one of three things

Read More

The Purpose of an Accountant

How do you view accountants? Some business owners view accountants as the tax collector and others believe they did not have taxes until they hired an accountant. Many business owners have no idea what an accountant does. Do you often wonder the purpose of an accountant or if you really need one? An Accountant is

Read More

Increase Income by Avoiding Tax Myths

Tax Myths and emotional money mindsets play a major part in the amount of income we earn as well as the amount of taxes we project on future income. Saving money, protecting your money, and increasing your money all require effort. Money Myths and Mindsets Money myths and mindsets are terms I often use when speaking about

Read More

Helping Entrepreneurs Profit More and Experience Greater Financial Peace of Mind

I’m Y. Michelle Coard and I help entrepreneurs with new or established business, create and keep more profit by fixing the money leaks.  I help transform the finances of their business, through a profit-generating plan, financial awareness, simplified systems, and expert guidance. Most people RUN when they hear the words accounting, financial planning, budgeting, and

Read More

The Differences Between an Employee or Independent Consultant/Contractor

  Know the differences between an Employee or Independent Consultant/Contractor.  An expensive business mistake is to treat an employee as a contractor to save money on insurance and taxes.  This mistake will cause you to pay hefty penalties, back taxes and fines by the Department of Labor, Internal Revenue, and State Agencies.  A contractor or independent consultant is

Read More

Distinguish an Expense from an Investment When Cutting Expenses!

Distinguish an Expense from an Investment When Cutting Expenses!   Cash management begins with cutting unnecessary expenses.  However, choosing between an expense and investment is an important step. Investments benefit or improve a business.  An expense is something that is required but controllable (flexible) in a business.  Try to keep spending to 30% or less of income. 

Read More

LLC, Corporation, or Sole Proprietorship…3 Simple Tips to Choose a Business Structure

LLC, Corporation, or Sole Proprietorship…3 Simple Tips to Choose a Business Structure #accounting solutions #business structure # business entities #taxes and llc   A business structure determines the type of tax return filed by the owners, the business operation standards and procedures, financial reporting procedures, the eligible business expenses and tax deductions. Choosing a business

Read More

Reasons to Hire a Tax Preparer or Tax Consultant

A software creator has released its latest commercial for their software recommending self-tax preparation.  The theme is “Tell the story of you by you”.  The basic meaning of the commercial is you know what happened in the past year why not prepare your own taxes??  Why is this not a good idea?  This is not

Read More

Deciding between an Accountant or a Bookkeeper

What are the difference between an Accountant and a Bookkeeper?  I have spoken to people who are not sure of the differences between an Accountant and a Bookkeeper, and that is fine.  The two items are so closely related. An Accountant Make the transaction entries Reviews the entries Prepares the financial statements and related notes

Read More

Filing Taxes Late…Don’t Worry

Filing Taxes after April 15Th? Early 2012 Tax Changes This year brought many tax changes that caused delays with processing taxes.  Each tax code change has to be approved by the legislative and with so many tax credits on the cutting board the future of tax preparation was not clear.  The delay also caused late

Read More