Navigating the Business Entity Legal Landscape: Safeguarding Your Business and Personal Assets with the Right Entity Selection (LLC / S-Corp / Sole Prop)
As a woman entrepreneur, have you considered how your choice of a business entity can be a legal fortress for your enterprise? It's more than a name; it's a shield for you and your wealth. Let's explore Sole Proprietorships, Limited Liability Companies, and S-Corporations in detail, discussing their unique attributes, advantages, and drawbacks from a legal standpoint. Arm yourself with knowledge and make the right choice for your business.
Have you ever paused to think about how your selection of a business entity can act as a legal fortress for your enterprise? We're not just referring to a formal name on an official document. Instead, we're discussing a calculated move that can shield you and your hard-earned wealth.
Let's delve deeper into this topic. We'll concentrate on three common types of business entities: Sole Proprietorships, Limited Liability Companies (LLCs), and S-Corporations (S-Corps). Each possesses its distinctive attributes, advantages, and disadvantages, especially when scrutinized from a legal and liability standpoint.
Sole Proprietorships – The Minimalist Approach with Risks
Kicking off with the simplest form, the Sole Proprietorship, it's you single-handedly driving your business forward, fueled by a robust entrepreneurial spirit. But what are the implications for your legal protection? In terms of liability, a sole proprietorship is akin to walking on a tightrope without a safety net. There's no dividing line between you and your business. This means that if your business is slapped with a lawsuit, your personal assets could be put in jeopardy1. It's not exactly an appetizing prospect, is it?
Limited Liability Companies (LLCs) – Your Legal Shield
Next in line, we have LLCs. This business structure distinguishes your personal assets from your business assets, creating a protective barrier known as 'limited liability'. But how does this translate in practical terms? To put it simply, if your business is sued, your personal assets (such as your home or personal savings) are typically safeguarded2. Now, doesn't that provide some peace of mind?
S-Corporations (S-Corps) – The Alternative with Added Complexity
Lastly, let's discuss S-Corps. This entity type also offers limited liability protection but comes attached with more intricate administrative demands and regulations3. Hence, you need to contemplate whether the additional protection merits the extra administrative burden.
So, what's the takeaway message, ladies? The selection of your business entity isn't a trivial matter. It's a pivotal decision that can greatly influence your legal protection and liability. It's not a uniform solution that fits all businesses. What's ideal for one enterprise might not be apt for another.
That's why it's imperative to consult with a legal advisor before making any decisions. After all, when it comes to steering a successful business, knowledge is power, and timely, appropriate advice can make a world of difference.
Footnotes / Links for Additional Reading on this Topic:
1. U.S. Small Business Administration. (2022). Choose a business structure. Retrieved from https://www.sba.gov/business-guide/launch-your-business/choose-business-structure ↩
2. LegalZoom. (2022). Advantages and Disadvantages of Sole Proprietorships. Retrieved from https://www.legalzoom.com/articles/advantages-and-disadvantages-of-sole-proprietorships ↩
3. Entrepreneur. (2022). S Corporation. Retrieved from https://www.entrepreneur.com/encyclopedia/s-corporation ↩
Take Action Now: Your Next Steps for Success
If you are ready for some informed decision-making around choosing the best business entity type for you - and you would like some professional guidance on the next steps… Schedule an Appointment with me today 👇
⏰ Don't wait another minute! Schedule a call with me to talk more about creating or changing your business entity type.
Sign up for exclusive content and VIP access to programs, workshops, and other events delivered conveniently to your inbox.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
ready to make real progress in your business?
We are not meant to walk along the entrepreneurial path alone…
“Behind every great leader, at the base of every great tale of success, you will find an indispensable circle of trusted advisors, mentors, and colleagues.” – Keith Ferrazzi
Working with an expert advisor is a game-changer when attempting to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
Keywords: Women Entrepreneurs, Female Entrepreneurship, Choosing the Right Business Entity, LLC, S-Corp, S-Corporation, Sole Proprietor, Sole Proprietorship, Sustainable Business Growth, Business Coaching, Financial Freedom, Business Success. Entrepreneurial Growth
Business Entity Types Decoded: A Comprehensive Guide for Choosing the Right Entity Type for Your Small Business
Are you a woman entrepreneur grappling with the decision of which business entity type to choose? Dive into this comprehensive guide to understand the pros, cons, and considerations of LLCs, S-Corps, and Sole Proprietorships. Make an informed decision to safeguard your assets and ensure sustainable growth for your business.
If you are confused about which business entity type to choose for your small business, you are NOT alone. It is a complex decision. If you have been thinking about this decision and would like more information from a trusted advisor, you’ve found the right place.
This article dives into the world of business entities, decoding the complexities of LLCs, S-Corps, and Sole Proprietorships for small businesses.
Let's unravel this once and for all, shall we? Let's dive in!!
Why Does Your Business Entity Type Matter?
Your business entity type is more than a legal term; it's the backbone of your operation, influencing everything from your liability to your taxation. It can affect your personal assets, your ability to raise funds, and even your reputation in the market. That's why understanding your options is crucial for sustainable growth and long-term support.
Understanding Your Options: LLC, S-Corp, Sole Proprietorship
The three most common business entities for small businesses are Limited Liability Companies (LLCs), S-Corporations (S-Corps), and sole proprietorships. Each has its unique features, benefits, and potential drawbacks.
Sole Proprietorship
A sole proprietorship is the simplest and most cost-effective way to run a business. As a sole proprietor, you call the shots. However, remember that with great power comes great responsibility — if your business faces any hurdles, your personal assets could be at risk. Nonetheless, for businesses that don't incur much liability, this remains a popular choice due to its simplicity and ease of setup.
Limited Liability Companies (LLCs)
An LLC offers a protective shield for your personal assets. If your business faces financial woes, your personal assets stay safe. Plus, as an LLC, you have taxation flexibility. You can choose to be taxed as a sole proprietor, a partnership, or a corporation. Each option has its benefits, depending on your situation.
S-Corporations (S-Corps)
S-Corps offer the same asset protection as LLCs but with a twist — they allow pass-through taxation. This means you could save on taxes by dividing your income into salary and distributions. Furthermore, an S-Corp can add credibility to your business and attract investors.
Best of Both Worlds: LLC with an S-Corp Election
Can't decide between an LLC and an S-Corp? How about an LLC with an S-Corp election? You get the liability protection of an LLC and the tax perks of an S-Corp. It's like having your cake and eating it too!
Making Your Decision: Factors to Consider
Choosing the right entity type for your small business isn't a decision to be taken lightly. Here are some factors to consider:
Legal Liability
How much risk are you willing to take on? If your business involves significant risk, an LLC or an S-Corp might be a better choice due to their limited liability protection.
Tax Implications
How do you want your earnings to be taxed? Sole proprietorships and partnerships involve personal taxation, while corporations require corporate taxes. However, LLCs and S-Corps offer more flexibility and potential savings.
Future Growth and Investment
Are you looking to scale your business in the future or attract investors? Corporations are often more attractive to investors, and S-Corps can provide additional credibility.
Final Thoughts
Choosing the right entity type for your small business is a crucial step in your entrepreneurial journey. The right choice can set you up for success, providing a solid foundation for growth, financial freedom, and long-term support.
Remember, this article aims to guide and empower you, but it's essential to consult with your tax/legal advisor before making a final decision. I'm also here to assist with paperwork and entity formation if needed. Let's work together to ease the stress of starting, running, growing, and exiting your business.
*For additional reading on the subject of this post, please see the following trustworthy source articles:
"The Complete Guide to Choosing Your Business Structure" by the U.S. Small Business Administration (SBA)*
Take Action Now: Your Next Steps for Success
If you are ready for some informed decision-making around choosing the best business entity type for you - and you would like some professional guidance on the next steps… Schedule an Appointment with me today 👇
⏰ Don't wait another minute! Schedule a call with me to talk more about creating or changing your business entity type.
Sign up for exclusive content and VIP access to programs, workshops, and other events delivered conveniently to your inbox.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
ready to make real progress in your business?
We are not meant to walk along the entrepreneurial path alone…
“Behind every great leader, at the base of every great tale of success, you will find an indispensable circle of trusted advisors, mentors, and colleagues.” – Keith Ferrazzi
Working with an expert advisor is a game-changer when attempting to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
Keywords: Women Entrepreneurs, Female Entrepreneurship, Choosing the Right Business Entity, LLC, S-Corp, S-Corporation, Sole Proprietor, Sole Proprietorship, Sustainable Business Growth, Business Coaching, Financial Freedom, Business Success. Entrepreneurial Growth
Unleash Your Potential: Mastering Time Management with Intentional Practices for Sustainable Growth in Entrepreneurship
Discover the transformative power of effective intentional practices in time management. Empower your journey as a female entrepreneur, foster a work-life balance that drives sustainable business growth, and achieve financial freedom.
Are You Productive or Just Busy? A Vital Question for Women Business Owners
You're a woman on a mission, an entrepreneur carving her path in the world of business. You're constantly juggling multiple responsibilities, all while trying to grow your small business. It's a whirlwind of tasks, meetings, and emails, but amidst all this busyness, have you ever paused to question – are we genuinely productive or merely busy?
As female entrepreneurs, we often find ourselves swamped in a sea of tasks. But let's be clear, productivity is not about checking off countless tasks from our to-do lists. It's not about being busy; it's about being effective. True productivity is about making meaningful progress towards our goals and dreams. It's about nurturing sustainable growth for our businesses while maintaining a healthy work-life balance.
If these outcomes seem elusive, then it's time for some soul-searching - are you productive, or just busy? Are you intentionally moving towards achieving your business goals and personal development, or are you caught in the trap of endless busyness?
Embrace the Power of Intentional Practices
To shift gears from 'busy' to 'productive,' we need to embrace intentional practices in managing our time and priorities. But what does being 'intentional' really mean?
Intentional practices involve being purposeful and deliberate in how we use our time. They revolve around prioritizing tasks that directly align with our business goals and contribute to personal development. As Nathan W. Morris wisely said, “Edit your life frequently and ruthlessly. It’s your masterpiece after all.” This powerful quote encapsulates the essence of intentional practices - persistently reassessing and refining where we invest our time and energy.
But how do you put this into practice? How do you edit your life, your business, with intentionality?
Becoming More Productive: A Comprehensive Guide for Women Entrepreneurs
Transitioning from mere busyness to true productivity can seem daunting but fear not! Here are some actionable tips:
1) Set Clear Goals: Define clear, specific, and measurable goals. They provide direction, help prioritize tasks effectively, and serve as stepping stones towards business success. Remember, a goal without a plan is just a wish!
2) Time Blocking: Allocate specific periods during your day to focus on one task or type of work. This approach boosts productivity by minimizing distractions and promoting deep, focused work.
3) Adopt Intelligent Systems: Embrace simple, repeatable processes and intelligent systems to streamline tasks and save precious time. These systems become your blueprint for business success, helping you work smarter, not harder.
4) Practice Mindful Breaks: Productivity isn't about working non-stop. Regular breaks can rejuvenate your mind, boost creativity, and increase overall productivity. Remember, even machines need downtime!
5) Seek Long-term Support: Consider a business coach or joining entrepreneurial growth communities. They offer guidance, support, and invaluable insights for personal development and business growth. Think of it as having a trusted mentor guiding you on your journey to business success.
Take Action Now: Your Next Steps for Success
Ready to rewrite your productivity narrative? To shift from being busy to becoming genuinely productive?
Download the powerful free mini eBook "How to Get Sh*t Done" right here 👇
Remember, being busy doesn't always mean being productive. And to achieve financial freedom and business success, we need to be intentional with our time and focus on what truly matters. It's time to ruthlessly edit your life and intentionally shape it into your masterpiece.
After all, you're not just an entrepreneur – you're a woman on a mission. A mission to grow your business, achieve personal development, and find that elusive work-life balance. And guess what? You've got this!
Hungry for more? Are you ready to unleash your potential as a female entrepreneur? To master time management and intentional practices? To foster a work-life balance that drives sustainable growth? The journey starts now, and I'm here to guide you every step of the way. Book a Discovery call with me today and let’s write your success story together.
⏰ Don't wait another minute! Schedule a call with me to talk more about crafting your unique success story.
Sign up for exclusive content and VIP access to programs, workshops, and other events delivered conveniently to your inbox.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
ready to make real progress in your business?
We are not meant to walk along the entrepreneurial path alone…
“Behind every great leader, at the base of every great tale of success, you will find an indispensable circle of trusted advisors, mentors, and colleagues.” – Keith Ferrazzi
Working with an expert advisor is a game-changer when attempting to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
The following articles not only highlight the benefits of the kinds of practices I teach in my coaching program, They also provide data and examples to support their value and importance. These articles underscore the value of productivity over busyness and provide empirical evidence supporting the practices and tips I offer to the women in today's fast-paced business environment.
Women entrepreneurship: A systematic review to outline the boundaries of scientific literature: This article highlights the importance of family support for women entrepreneurs, which underscores the idea of maintaining a healthy work-life balance as mentioned in your blog post. It also emphasizes the significant contribution of female entrepreneurship to scientific production.
How entrepreneurs achieve purpose beyond profit: the case of women entrepreneurs in Nigeria: This study illustrates how women entrepreneurs add value to their community through their entrepreneurial efforts, aligning with your notion of intentional practices and goal-oriented tasks.
A study on the importance of skill development: Women entrepreneurs in India as a catalyst to women empowerment: This research emphasizes the need for women entrepreneurs to introduce new technologies in their enterprises to increase productivity, create employment, and reduce poverty. This supports your point on adopting intelligent systems for increasing productivity.
Keywords: Women Entrepreneurs, Female Entrepreneurship, Intentional Practices, Time Management, Sustainable Business Growth, Personal Development, Goal Setting, Productivity Hacks, Work-life Balance, Business Coaching, Financial Freedom, Business Success. Entrepreneurial Growth
Unlocking Brilliance: A Journey to Time Mastery as a Woman and an Entrepreneur
Discover how the sBs Blueprint for Business Brilliance™ can help with time management and productivity for women entrepreneurs and small business owners. Implement intentional practices to achieve work-life balance and small business success today!
Hello, fellow female trailblazers! If you are a woman and a small business owner or entrepreneur, you’re in the right place!
Do you find yourself trapped in the whirlwind that is running your own small business? Does it feel like time is always one step ahead? And what about that elusive work-life balance you’ve heard about? If this resonates with you, know that you're not alone. Countless women entrepreneurs, including me, face these challenges every day.
What if I told you there's a way to conquer these hurdles? What if the key to achieving business brilliance is within your grasp?
Let me introduce you to the sBs Blueprint for Business Brilliance™! This life-changing coaching program is designed specifically for women entrepreneurs. The tools, exercises, and information it contains has helped me navigate the intricate maze of entrepreneurship, balancing various roles while striving to maintain harmony in my life as a woman (an individual, mother, daughter, sister, wife… all of it) and find enormous success on all levels. I’m very proud of that and now I teach others, like you, and enjoy watching you soar to new heights.
At the heart of this program is the Blueprint for Time Mastery™. This is where I learned to maximize every minute. It's where I transformed challenges into opportunities and aspirations into accomplishments. It's where my journey towards 'making it happen' began.
Curious how it works?
The Blueprint for Time Mastery™ delves into practical strategies and techniques that helped me regain control over my time and boost productivity. I learned about goal setting and effective time blocking. But the game changer was the intentional practices.
The Power of Intentional Practices
Intentional practices are deliberate actions that align with your goals and values. They can be as simple as setting aside quiet time each morning to plan your day or as complex as devising a comprehensive strategy for your next product launch. The key is to act with purpose and awareness and within your own comfort zone so it becomes an easy sustainable practice.
For example, I started with an intentional morning routine. Instead of checking emails / texts / social media first thing, I focus on my most valuable task for the day, which is to make a list of the most important thing(s) I need to accomplish that day. (This is after my first cup of coffee of course!!). No internet or communications for me until after I wake up fully and get my mind right - first thing. This simple but intentional shift made a huge difference in my productivity and ultimately in my life.
Different Types of Intentional Practices and Their Benefits
There are numerous types of intentional practices, each with its own benefits. Here are a few that worked for me:
Goal Setting: This helped me clarify my vision and set a clear direction for my business.
Time Blocking: By scheduling specific time slots for different tasks, I was able to stay focused and accomplish more.
Reflective Practices: Regular reflection on my accomplishments and challenges helped me learn and improve.
The sBs Blueprint is not a one-size-fits-all program. Every aspect of it is tailor-made to address your specific challenges, making it an incredibly effective tool in your entrepreneurial journey.
Let's talk about Beth, a fellow small business owner. Like me, she was constantly overwhelmed by her workload. After joining the sBs Blueprint for Business Brilliance™ coaching program, she streamlined her processes, reduced stress, and significantly improved her work-life balance. Today, Beth successfully runs her business without compromising on her personal time. Her success is growing in a way that is meaningful to her and her family. Profitably, sustainably, joyfully. She’s ecstatic!
Isn't it high time you stopped chasing the clock and started commanding it instead? Isn't it time you unleashed your brilliance and turned your small business into the success story you've always envisioned?
Are you ready to unlock your potential and start 'making it happen'? Reach out to me today, and let's begin crafting your success story.
Here's to making it happen!
⏰ Don't wait another minute! Sign up now for a call with me to talk more about crafting your success story.
Sign up for my newsletter for exclusive content and VIP access to programs, workshops, and other events.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert is a game-changer when trying to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
The following articles not only highlight the benefits of the kinds of practices I teach in my coaching program, but also provide data and examples to support their position. These articles underscore the crucial role of intentional time setting in enhancing productivity, managing resources effectively, making informed decisions, and thriving as a woman in today's fast-paced business environment.
"Setting Intentions to Achieve Success in Life and Business" by Robyn Graham (Published on April 2023)
This article discusses how setting intentions can lead to success in both life and business. It provides practical tips on how to be intentional in various aspects, including goal-setting and time management. The author emphasizes that being intentional allows entrepreneurs to stay focused, make better decisions, and ultimately achieve their business goals.
"Women's Entrepreneurship and Culture: Gender Role..." (Published on May 2023)
This research paper delves into the gender-based barriers women face in securing capital for their businesses. It suggests that intentional time setting can help women entrepreneurs overcome these challenges by ensuring they allocate adequate time for essential tasks like fundraising, networking, and personal development.
"Investing in Women-led Small & Growing Businesses" by The Aspen Institute (Published on June 2023)
This report highlights the importance of investing in women-led businesses. It notes that while most investors do not intentionally discriminate based on gender, women entrepreneurs often receive less funding due to unconscious bias. The report suggests that intentional time setting can help women entrepreneurs present a more compelling case to potential investors by demonstrating effective resource management and strategic planning.
Keywords: Small Business, Productivity Tools, Work-Life Balance, Goal Setting, Time Blocking Techniques, Intentional Practices, Time Management, Productivity, Women Entrepreneur, Women Business Owner, Women Founder, sBs Blueprint for Business Brilliance™, Blueprint for TimeMastery™
Be the Needle in the Haystack: Everything Small Business Owners Need to Create a SIMPLE, Unique, and Memorable Brand
Branding for Small Service Businesses | If you want to create an uncomplicated, winning, cohesive brand strategy that separates you from the crowd and all the noise, this is the essential information you need to think about, develop, and apply in your business.
You've probably heard a lot about
"Brand", "Branding" or "Brand Strategy"...
Brand Strategy, Brand Strategy, Brand Strategy... ugh. I get it… but what does it REALLY mean in simple terms for your small business in today’s ever changing fast-paced world??
As a small business owner, it's vital to find an edge over your competitors if you want to be seen in your marketplace. It’s essential to be thoughtful, intentional, and proactive in marketing your small business if you want to attract customers and establish long-lasting relationships with them and that starts with creating your brand.
If you want to create a winning, cohesive, uncomplicated, brand strategy that separates you from the crowd and all the noise, this is the essential information you need to think about, develop, and apply in your business.
Here’s the simple but effective must-haves, must-dos. Yes, this is worth your time.
[ Pro Tip: It’s very important that you do each of these items swiftly and without overthinking. The more time you spend in your head with it – the cloudier and more gummed up it will become. Trust me. Here we go… ]
In A Nutshell:
• Develop a unique selling proposition (USP): Identify what sets business apart from competitors and what is offered to customers that no one else has.
• Maintain Consistency: Establish visual identity and messaging in all marketing of the business.
• Stay Authentic: Be real, honest, and consistent in dealings with customers.
• Target Audience: Brainstorm top reasons clients need services and identify their chief complaint or 'pain point'.
• Brand Story: Create an emotional connection with clients by telling a story about why the business was started, how it has grown, etc. Keep it simple and human.
• Messaging: Keep messaging clear and concise, use language understand by ideal customer.
• Social Media: Use social media as a tool to reach potential customers with targeted content & advertising indefinitely building relationships.
• Reputation Monitoring: Get feedback from customers; thank negative reviewers for input & work to address issues promptly.
• Refine Strategy Continually: Invest time, energy, & money into creating an uncomplicated brand strategy that will evolve over time; stay true to values & message throughout process.
Communicate your unique selling proposition (USP):
Identify what sets you apart from your competitors and what you offer your customers that they can’t get from anyone else. Your USP should answer the question, "why should a customer choose your business over the competition?" Don't overthink it. You know why you started your business and what you intended to create and achieve... write those things down and keep it moving.
Consistency is key:
Consistency is so underrated and so very key in building a strong and recognizable brand for your small business. It’s essential to have the same message and visual identity everywhere you market your business. Consistency establishes your brand as trustworthy and reliable. In terms of visual identity and messaging - decide what you like, what makes sense, what you believe matters, and what you can consistently do to show up everywhere your customers are and write it down.
Be Authentic:
It’s important to stay true to your brand values and the 'voice' you choose for your business everywhere, all the time. What is 'voice'? Think about how you want to be thought of – who/how you want to be as a business. Example - I choose to be seen as approachable, trustworthy, and uncomplicated. My 'voice' is aligning everything I do and say with those ideals in mind and choosing my words and images accordingly. People resonate with businesses that speak a language they understand and trust. They are also drawn to authenticity. Be real, be honest, and be consistent in your dealings with customers, and they will appreciate you for it. Write down 'who' or 'how' you want to be known as to your customers. Again, keep it simple. Just a few words at most. Keep it moving.
Know who you are speaking to (your ‘target audience’ / ‘ideal client’):
Identifying your target audience, or ideal client, is crucial to creating an effective brand strategy. Understanding your ideal client’s problems, goals, and thoughts by putting yourself in their shoes is the only way you’ll be relatable and relevant to them. Knowing who you are speaking to in your marketing will help you tailor your messages and images specifically to them, will make them feel more comfortable and connected with your brand. Brainstorm the top 3-5 reasons clients need your services, what their chief complaint, or 'pain point' is when they need your services and write them down. These will flavor everything you do and say in your brand and attract the right clients.
Develop a compelling brand story:
Create a story that speaks directly to the wants and needs of your ideal client and builds an emotional connection with them. A great story can help you stand out from the competition and give consumers a reason to engage with your business. What's a brand story? Think 'why' you started your business, who you were then, and why you thought the world needed you and your dream business. Talk about how you got started, how you've grown, where you are now, and where you are headed. Keep it human. People don't resonate with business mumbo jumbo... they want to understand who and what you are and what you stand for as a small business service provider. It's a story but keep it simple. For now, write down a quick list of thoughts and ideas that come to mind and answer the above questions. You can take time later to develop a 'brand story' that you’ll use over and over in your marketing. You can even get help with it if you don't feel confident as a storyteller. Just write down the facts and feelings for now. That’s all you’ll need to get started on this.
Keep your messaging simple:
Your messaging should be clear and concise. Keep it simple and ensure that it’s easy to understand for your ideal client. Remember that people don't necessarily speak your business lingo. The more you evolve as a businessperson and the more skilled you become... the more you forget the 'simple' terms you used when you were starting out. Sit for a moment and think about the language; the words and descriptions you used when you were thinking about, and planning, your business – or when you were first learning your trade. Write them down. Your ideal customer will likely be much more able to understand and relate to that language than to the more expert dialogue you now have as a more experienced person in your field.
Utilize social media:
Social media is an essential tool for small business brand strategy. Love it or hate it - you can reach an enormous potential customer base through targeted social media content and advertising to build interest in your brand that leads to long-lasting relationships with them. Remove your thoughts and feelings about social media and how you use it personally for a moment and reframe it as a massive marketing tool instead. It can take time to find a groove that works for you with social media as a business, but you’ll find it if you try. Again, always keep it as simple as it can possibly be and still be effective for your business in your marketplace. Don't use every single social media channel when just one or two of them are really where your people hang out AND that you feel comfortable learning about and using. (LinkedIn? Facebook? Instagram? Pinterest? TikTok?, etc...) Write down the 1-2 places your peeps hang out most.
Be strategic with and carefully monitor your brand reputation:
Build a simple form of direct feedback you ask customers for into your systems, so you know right away if they are happy or not and why. Google forms or other simple tools work well... or just ask them. When people are happy – ask them to leave you a review. Also, keep track of what customers are saying about your business on social media and other review sites. This helps you identify issues and gives you an opportunity to address them promptly. Make a point to reply to EVERY review you get, whether it’s positive or negative. This shows customers how much you care about their opinion. If they give negative feedback - thank them. Let them know you take it to heart and plan to do better. It can be hard to hear and respond tactfully to the negative sometimes, but it’s just as vital to your brand and business growth as positive reviews. Possibly more so.
Think long term & continuously refine your brand strategy:
Building a brand is a long-term process that requires patience and consistency. It doesn't happen overnight, and chances are in 1-3 years you’ll have 'outgrown' your original brand strategy to some degree, and you'll be able to refine and update it so it becomes more and more pointed and effective. Invest time, energy, and money in creating a brand strategy now that will serve you in the long run. Start with the budget (of time, energy, and money) you currently have to work with and make sure you build more time, energy, and money into your budget year after year, so you continue to grow and evolve as a brand. Things change. You'll need to do this to stay relevant. It's a layering process. You'll find your brand gets more and more clear and concise as time goes on.
These simple but effective must-haves, must-do rules for creating an uncomplicated and winning small business brand strategy are essential in today's business world. Every business needs it. Stay true to your values and message and remember to stay authentic and consistent in your brand and marketing efforts.
Do this and your business will stand out from the competition, and you’ll become the needle in the haystack. You'll be seen, recognized, and establish yourself as an expert in your marketplace with time and effort.
Now that you have your unique business brand identity out of your head and in draft form - you can begin refining it and making it actionable.
If you need or want help with this process, please book a discovery call to talk about it.
Don’t forget to sign up for our newsletter for exclusive content and access to workshops and other events.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert is a game-changer when trying to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
Keywords: Brand, Brand Building, Brand Strategy, Small Business Branding, Small Business, Service Based Business, Service Business
Content Marketing 101: What is Content Marketing and Why is it Essential for My Business?
Content Marketing 101 | Discover why content marketing is essential for your business, the types of content you can produce, and strategies to create a successful content marketing plan that will help grow your customer base!
As a small business owner, you are already aware of the importance of marketing for your business. But with so many different types of marketing out there, it can be difficult to know which is most effective and which will work best for you. One form of marketing that is increasingly popular in today’s digital age is content marketing. This type of marketing involves creating and sharing valuable to engage with your audience and attract new customers. Now let’s delve deeper into what content marketing is and why it’s essential for your business.
In A Nutshell:
• Content marketing is an effective form of marketing involving creating and distributing valuable content to engage with an audience and attract new customers.
• Content marketing can help to promote brand awareness and position your business as a thought leader in your industry.
• Some popular types of content used as part of a content marketing strategy are blog posts, social media posts, infographics, and videos
• An effective content marketing strategy should include defining target audience, topics to cover, channels to distribute, and metrics for success.
• Content marketing is essential for any business that wants to establish authority in the industry, attract new customers, and keep existing customers loyal.
What is Content Marketing?
Content marketing is a form of marketing that involves creating and sharing valuable content to attract and engage with your target audience. If you use social media for your business – you’re already using content marketing! Unlike traditional forms of marketing, such as advertising and direct mail, content marketing is less about promoting your products or services and more about establishing a relationship with your audience. By providing valuable content that is relevant, informative, and entertaining, you can build trust with your audience and position yourself as an authority in your industry.
Why is Content Marketing Essential for Your Business?
There are several reasons why content marketing is essential for your business. First and foremost, it can help you to attract new customers. By creating valuable content that appeals to your target audience, you can increase your visibility online and attract more visitors to your website. This, in turn, can lead to more leads and sales for your business.
Secondly, content marketing can help you to build brand awareness and establish your business as a thought leader in your industry. By creating valuable content that is helpful and informative, you can position yourself as an expert and build trust and credibility with your audience.
Finally, content marketing can help you to connect with your existing customers and keep them engaged with your brand. By creating regular content that your audience will enjoy and find useful, you can keep them coming back for more and foster a long-term relationship with them.
What Types of Content Should You Create?
There are many different types of content that you can create as part of your content marketing strategy. Some of the most popular include:
Blog posts: Regularly publishing blog posts on your website is a great way to attract visitors and establish yourself as an authority in your industry.
Videos: Creating videos on platforms like YouTube and Facebook can help you to connect with your audience in a more personal way.
Infographics: Infographics are a great way to present complex information in a visually appealing and easy-to-understand way.
Social media updates: Regularly posting updates on social media platforms like Facebook, Instagram, and Twitter can help you to engage with your audience and keep them up-to-date with your latest news.
How Can You Get Started with Content Marketing?
Getting started with content marketing is relatively simple. To begin, you’ll need to define your target audience and create a content strategy that will help you to reach them. This strategy should outline the types of content you will create, the topics you will cover, the channels you will use to distribute it, and the metrics you will use to measure your success.
Once you have your strategy in place, you can start creating and sharing content. Be sure to track your results and adjust your strategy as needed to ensure that you are reaching your goals.
In today’s digital age, content marketing is essential for any business that wants to attract and engage with its audience. By creating and sharing valuable content, you can establish yourself as an authority in your industry, attract new customers, and keep your existing customers engaged and loyal. So, if you haven’t already, start incorporating content marketing into your overall marketing strategy today!
Now that you have content ideas floating around your head - check out the article: ‘How To Create A Content Marketing Strategy’ and start organizing those thoughts and ideas!
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~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert is a game-changer when trying to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
Create a Year of Content in One Day - A Step-by-Step Guide
Need help planning content for your blog, podcast, and social media channels? This simple step-by-step strategy will show you how to plan an entire year's worth of content ideas quickly and easily.
Struggling to come up with content ideas for your blog? Look no further! I've got a simple and super effective strategy to share with you.
Say goodbye to scrambling and hello to organized planning!
An effective content creation strategy is not only good for business but also reduces stress throughout the year. Leave stress behind and set yourself up for a successful year.
Let me guide you through my process for creating an entire year of content.
Step 1: Establish a Schedule
When planning my content for the year, I begin by figuring out the number of posts I need to create.
If you're just starting out, it's okay not to know how many posts you want or need to create per week. Start with one post per week and build from there. Keeping it manageable at the beginning is key to avoiding overwhelm and setbacks. This process is designed to eliminate stress, so take it slow and steady.
Consistency is the key to successful content marketing. By consistently creating quality content, you can grow a loyal audience. I cannot stress this enough - consistency is a powerful and underrated practice in most businesses.
To determine the total number of posts you'll need, multiply the number of posts per week by the number of weeks you intend to publish.
(Number of Posts Per Week) x (Number of Weeks) = Total Number of Needed Posts
Let's say you decide to publish one post per week, which means you would need to plan 52 posts.
Keep in mind that this planning strategy can apply to blog posts, social media posts, and even podcast episodes. This simple formula works for all types and formats of content.
Step 2: Decide on Content Categories
After determining the number of posts you'll create, start by listing the categories or topics you want to cover in your posts (also known as pillars). This helps bring structure and focus to your content creation.
For example, some potential categories could be:
Marketing
Finance
Time Management & Productivity
CEO Mindset
Systems & Process
By categorizing your content, you ensure that your brand message remains focused while captivating your audience with various topics. With this solid foundation, you're ready to embark on your content creation journey! Remember, the key lies in maintaining consistency, so stick to your plan and relish in the remarkable results of your hard work.
Maintaining a list like this will prevent you from veering off track. It’s easy to be ‘all over the place’ without a clear plan. By determining your categories now, and then staying focused on them, you’ll be able to produce consistent on-point content.
If you have five categories, brainstorm at least 10 content ideas for each. You may have two, three, four, or even more categories, or pillars; there is no right or wrong number as long as they clearly align with your overall business messaging strategy.
To ensure a systematic approach, document your categories in a spreadsheet, calculate the number of posts required for each, and start writing.
Like this:
Not a spreadsheet person? No worries - here’s one I created for this exact purpose. Feel free to download and use it (no email required) - DOWNLOAD SPREADSHEET
If you prefer to brainstorm with pen and paper - here’s a PDF version I created for just for you - DOWNLOAD PRINTABLE
Step 3: Brainstorm Content Ideas
Now that you've determined the number of weekly posts and topics to cover, it's time to unleash your creativity and brainstorm some exciting content ideas.
Start by jotting down any ideas that come to mind and organize them into your categories.
Don't worry about perfecting the ideas or crafting catchy headlines just yet. The goal here is to let your ideas flow. You can refine them later.
If you're experiencing a mental block, you can download my "Pro Tips for Constantly Creating Fresh Content" guide. It will help you discover popular searches within your area of expertise and generate content that answers the questions your audience needs.
Another strategy to expand your content repertoire is to explore different types of posts. You can take a single idea, such as Time Management, and create various types of engaging posts. Consider using the following prompts to switch up the narrative:
How-to’s
Step-by-step guides
Case studies
List posts
Tips and tricks
Behind-the-scenes stories or personal anecdotes that highlight the importance of the topic (show and tell!)
Let's take a deeper dive into time management for women entrepreneurs as an example. Here are a few potential post ideas to get your creative juices flowing:
How to Create an Efficient and Highly Productive Schedule That Works for You as a Busy Working Mom
5 Time Management Tips to Maximize Your Workday and Still Prioritize Other Responsibilities
Secrets to Better Time Management for Busy Female Entrepreneurs
My Wake-Up Call: Revamping Time Management After Almost Causing a Car Crash due to Exhaustion
As you can see, ideas can sprout up quickly, even with a singular topic in focus.
If you're feeling overwhelmed by the brainstorming process, don't fret—I'm here to help! Download "Pro Tips for Constantly Creating Fresh Content Ideas" for a bonus resource that will provide you with an abundance of great ideas to last an entire year.
Remember, it's not necessary to create multiple post types all at once. Start with one or two types and experiment with what feels most natural and enjoyable for you. Once you find your rhythm, creating content will become a seamless and enjoyable process. Get ready to fall in love with the journey!
Step 4: Create Your Content Calendar
When creating a content calendar, the first step is to decide where you will keep it. You can use a physical planner, a spreadsheet, or any system that helps you organize your content in one place.
Once you have chosen the location for your content calendar, note down all vacations, appointments, holidays, launches, and other important dates planned for the entire year. Build your content plan around these events.
Although you have brainstormed content ideas for a full year, focus on planning the specifics for the next three months. By breaking it down into quarters, you avoid overwhelming yourself and hindering your creativity. Take breaks between brainstorming and planning sessions to give your brain time to recover.
Remember, you don't need to plan and schedule posts for an entire year. Life happens, and businesses evolve. Instead, brainstorm ideas for the entire year and then focus on details one quarter at a time. This approach will inspire and motivate you when you sit down to work on each quarter.
With your content and important dates for the next quarter, choose dates to schedule the publication of your posts.
Now, how do you decide when to post? Consider publishing on different days and times to gauge engagement. Analyze your results to determine the best time for posting based on audience engagement. Keep track of your progress and keep your method simple and systematic. Simplicity is your friend, and it will help make your content flow better, easier to read, and more engaging. Additionally, incorporating relevant keywords will enhance your content and improve its search engine optimization (SEO).
Now that you've chosen your initial days and times, let's start assigning those dates and times to your content ideas. Be sure to schedule everything for the entire quarter in advance using a scheduler if possible. This will completely remove any worries from the process.
Congratulations! You've successfully planned a year's worth of content ideas and scheduled them for an entire quarter. By repeating this process, you'll never have to stress about your content again.
If you enjoyed this article, you may also like: How To Create A Content Marketing Strategy
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert is a game-changer when trying to create significant growth and lasting change in your business.
I invite you to schedule a Discovery Call today. 👇
Keywords: blog, social media, podcast, pillars, content calendar, content marketing, small business, SEO, brand, content
How to Create a Content Marketing Strategy
Do you want to grow your online presence? Are you looking to find a cost-effective way to get in front of your target audience? Developing a content marketing strategy will help you meet your business goals. An effective content marketing strategy allows you to plan and create content that establishes you as an expert in your field, builds trust with your audience, and can lead to conversions.
Do you want to grow your online presence? Are you looking to find a cost-effective way to get in front of your target audience?
Developing a content marketing strategy will help you meet your business goals.
An effective content marketing strategy allows you to plan and create content that establishes you as an expert in your field, builds trust with your audience, and can lead to conversions.
Do you ever have trouble coming up with fresh ideas for content?
Download 👉 3 Ways to Constantly Come Up With Fresh Content Ideas
Set Goals
The first thing you want to do when creating a content strategy is to determine your goals. Without knowing what you want to achieve, it will be difficult to plan the rest of the strategy.
Ask yourself: why are you producing content and creating a content marketing strategy? What results do you want to see by publishing content? Is it to show your expertise and build trust or to add more subscribers to your email list?
Get specific and write your goals down so you will be able to come back to them.
Knowing your goals before you start planning, it will be easier to plan your overall strategy.
Get to know your audience
To create a successful strategy, you have to identify your target audience. You can’t create valuable content without knowing who you want to engage with and serve.
When determining your target audience consider their:
● Demographics- Gender, Age, Education
● Challenges- What are they struggling with?
● Motivations and Goals- What do they want to accomplish?
Whether you are new to content marketing or a seasoned expert, identifying your target audience helps you to create relevant and valuable content.
Content Audit
Before creating any new content, you want to perform a content audit. Content audits help keep track of your existing content.
To get started, you’ll want to gather all your content and categorize it in a spreadsheet. Some categories should include in your audit are content title, author(s), publication date, and the type of content.
An important category you'll also want to consider in your content audit is your metrics. You can view your metrics to see how well your content is performing using Google Analytics.
Performing a content audit will allow you to get a better idea of what content you need to create, update, or delete.
Create a Content Calendar
When creating a content calendar, start by writing down any holidays, launches, or other important dates you have planned. Keep these dates in mind to support your business goals and create relevant content.
Are there any dates you need to be aware of when planning your content?
Next, you need to decide how often you will publish your content. If you are just getting started, keep it simple, and publish content one time a week.
You will also want to consider what day of the week you’ll publish your content. Do you want to publish on Mondays so that you can promote it during the week?
Pro tip: Focus your strategy on 90 days at a time. By planning quarterly, you can focus more on your business goals.
Now, let’s say that you decided to publish one post per week for the quarter, which means you would need to plan 12 posts.
The key to a successful content marketing strategy is being consistent. You'll be able to grow a loyal audience by creating QUALITY content for them regularly.
Brainstorm ideas
After you have identified your existing content and how often you'll publish, it’s time to decide on new content to produce. Here are some tools to help you get started:
● Buzzsumo
● Answerthepublic.com
Create Content
Before you start creating content, take a look at your content audit. Do you have any content that you could repurpose? Repurposing content is a time-efficient way to create content without reinventing the wheel.
Whether you are repurposing or creating fresh content, you'll want to identify the content format you'll use. Popular content formats that you can use in your strategy include:
● Blog Posts
● Videos
● Ebooks
● Podcasts
● Case Studies
Remember to think about your audience when creating content- don’t waste your time creating content that isn’t relevant or valuable.
Publish and Promote Content
After creating your content, schedule your work to publish on your chosen day.
While you can publish your content in real-time, scheduling allows you to get ahead and show up consistently for your audience.
After publishing your content to your website, promoting it is an excellent way to get more eyes on the page. Social networks that business will often post on include:
● Youtube
If you are just getting started promoting your content, focus on only one or two platforms.
It is better to build a solid presence on one platform than to be sporadic on several platforms. You can always expand your promotion strategy to include more social media platforms later.
Analyze Content Performance
One of the most important steps in a marketing strategy is to analyze how well it performed. Remember those goals you set in the beginning? Did it meet your goals? How well did your content perform?
This information will show you what performed well and what did not. Using this data, you can make improvements to your strategy for the next quarter.
Creating a content marketing strategy requires organization, time, and creativity. Building your strategy from the ground up can be a daunting task. But if you follow this process, getting started will be easier than you think.
If this all sounds amazing but you think you’ll need some help putting it all together…
If you enjoyed this article, you may also like: Create A Year Of Content In One Day - A Step-By-Step Guide
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert when making important decisions in your business is a powerful tool to create significant growth and lasting change. It really helps to see things from a fresh perspective and consider ideas and concepts that may not come to you on your own.
If you would like to explore working with me, I invite you to schedule a Discovery Call. 👇 Don’t wait. I only take a very limited number of clients at a time.
Keywords: content marketing, content, marketing strategy, content marketing strategy, goals, content calendar, business goals, small business, content strategy, blog posts, podcasts, target audience
12 Reasons You Need A Business Coach
Finding and hiring the right business coach who will meet you where you are and support you while helping you improve your mindset, your business operations, your profitability, and your LIFE so it all comes together with ease rather than with struggle is an absolute must-have. You can’t put a price on your sanity, but you will be able to measure the value your coach brings by watching your business growth and profit over time.
The purpose of having a business coach is to gain tactics, skills, and insight to achieve professional, financial, and personal success.
This is just the tip of the iceberg though. Having a coach on your team goes WAY beyond the nuts and bolts in ways you never knew how much you needed.
Imagine no longer having to blaze the trails alone. How much of a relief would it be no longer feeling out of your depth and overwhelmed. What if you no longer felt like you’re recreating the wheel… thinking there must be a better way. How comforting would it be not having to struggle and carry the weight alone? Wouldn’t it be amazing to be supported in the parts of your business that zap your energy and squelch your creativity??
The answer is NOT “go back to work for someone else” or “suck it up buttercup – this is the life of an entrepreneur”.
The answer IS – find a great business coach! Someone with loads of experience and whose personality and style feels comfortable and approachable to you.
Whether your business is facing challenges, or you want to take it to the next level, a business coach is an asset you absolutely need.
Still need convincing?
Here are 12 reasons why every business needs a great coach:
Accountability
A business coach helps you see your potential and teaches you how to leverage your talents and abilities and reach higher levels of success. They hold you accountable. Let’s face it - we all do better when we know we’ll be meeting with someone to discuss our progress. The coach you need is part sounding board, part advisor, and part cheerleader. Someone who fosters a safe, comfortable, no-shame environment, so you’ll actually get excited to talk about and work on your business. Doesn’t that sound amazing?? Knowing you’re in capable hands, you’ll be inspired to reach higher and stretch further in pursuit of your goals. You’ll feel safe because if you get sidetracked, your coach will help you get back on track and keep moving forward. Accountability is huge.
Clarity
The first thing you’ll do with an experienced business coach is have a strategy session to talk about where you currently are, where you see yourself in the future, and what you intend to accomplish in your business along the way. This is the foundation of your work together. Think about travelling; you need to know where you’re starting from and your intended destination so you can find the best route to get there. A business coach will help you find this level of clarity by looking at your business in a holistic manner, and then help you untangle all the thoughts, ideas, and plans you have for the future. Together you will create a clear roadmap to get you from here to there. It’s a collaborative process that will make you feel empowered and excited about your business again. Sounds great, right? The fact is most entrepreneurs aren’t as clear as they need to be and wander along trying to find their way which results in lost time, energy, money, and opportunities along the way. It’s absolutely common. If this feels like you, you’re not alone. It’s hard to figure it all out on your own. You really do need a sounding board and an expert who will ask the right questions, give you the right advice, and help you navigate around the otherwise inevitable costly and painful pitfalls.
[Important side note - If you interview a coach and they do not start with an in-depth 1-on-1 meeting – be very wary. Many coaches only offer ‘prepackaged generic coaching programs’ or ‘group coaching programs’ and they try to stuff you into them. Think ‘round peg – square hole’. This is NOT what you need at this stage. You need 1 on 1 business coaching that is personalized specifically for you. Group coaching programs have their place, but are generally suited best for people who have ‘graduated’ from 1:1 coaching and need or want the accountability piece and a community of similar business owners that comes with groups.]
Confidence
Once you have clarity, you will begin building confidence. This can be a tricky time in your growth though. When you’re actively working toward your objectives and goals, it’s common to feel that you're making less progress than you expected. It’s not unusual to feel like you’re taking one step forward and two steps back. This can be a confidence killer and cause you to spiral downward. This is the reason having a business coach continues to be necessary along your journey. They will help you see the bigger picture. Help you keep your eye on the prize, so to speak. They will encourage you and help you to stay in a positive frame of mind. Your coach will be able to show you how far you've come and what you've achieved at every turn. They'll provide the support you need to proceed and lead confidently even in the face of challenges. Having an expert in your corner reassuring and supporting you is vital to developing and maintaining confidence which will greatly increase your chances of success. Ask yourself - how much more could you accomplish if you had the confidence to stretch and reach, with the safety net of an expert business advisor to catch you if you start to fall? Trust me – It’s a game changer.
Goals Setting & Metrics to Reach Them
In addition to clarity and confidence, your business coach will help you set goals that are smart, specific, attainable, and measurable. They will also show you steps to take so you’re working methodically to achieve your goals. It’s not enough to have clarity and confidence. You also need a formula and a method to follow that leads directly to your vision of success. Specific methods and data driven objectives are critical to reaching your goals.
Efficiency
Everything from the large elements of your business such as evaluating the function of your entire operation, to the finer details of how you manage your time & prioritize tasks, can be assessed for the purpose of discovering and removing barriers, creating smarter and simpler systems, and developing strategies that will greatly improve the efficiency of everything you do. We all know time is money, and time is also your most precious resource, so becoming as efficient as possible in everything you do is vital. It reduces stress and frees up time you can use to continue growing your business, or to spend doing things you love most outside of work. Working at maximum efficiency also has the direct result of making your business more profitable. We all want that. This is where the decision to invest in a great business coach literally starts to pay for itself and make your business more profitable.
Organization
As a business owner, it's easy to get overwhelmed by day-to-day tasks and find yourself disorganized and running in circles. You find yourself VERY busy but not accomplishing anything significant. It’s beyond frustrating! A business coach with attention to detail will help you create the structure and organization needed to organize and run your business like a well-oiled machine. They will help you create, implement, and maintain systems and processes that radically improve organization. When your business operations and workflow are organized, there is room to tackle bigger, more important things that are all-too-often on the back burner for lack of time and energy.
Business Plan / Playbook
No matter what stage of business you're in, a technically skilled coach will assist you in crafting the perfect plan for your unique business starting from where you are and ending where you intend to be in some period of time (like a 3-year or a 5-year plan, for example). Some might say creating a business plan is unnecessary or obsolete. I’ve had people tell me they created a business plan at the beginning of their business and never looked at it again. That isn’t the type of business plan you want. A good business coach understands that a business plan needs to be a functional working document. A playbook of sorts. It’s the ‘what, why, and how’ of your business. While those things are likely to evolve over time, having a playbook for your business helps keep you focused and on track. From clear and specific objectives, goals, and metrics to strategic action steps to make; a working business plan is your guide.
Marketing Strategy & Branding
Marketing is an important function in every business. And yet, a marketing strategy is often lacking entirely, isn’t fully developed, isn’t cohesive, or it isn’t designed to work for you and your unique business. Whether you don't have the time to develop and implement an effective marketing plan or you're not sure how to, a savvy business coach will help you create a personalized, sustainable, easy-to-implement marketing strategy that works for your business and is (of course) effective. ‘Effective’ is the result of a winning marketing strategy but there is no one size fits all. Most coaches will recommend strategies that work effectively for other businesses – but it could be perfectly wrong for you and your business. If a marketing strategy is too complicated, too costly, too time consuming, is soul sucking, miserable or stressful… you won’t exercise it consistently or at all. An insightful coach understands this and will help you create an effective strategy based on what works FOR YOU. And if it works for you – it will be effective.
Unbiased Insight & Advice
A coach will give you unbiased, unemotional, constructive insights. Friends, family, partners, and employees naturally have biased opinions so listening to them and taking their advice won’t lead you to the place you envision. Even listening to or working with other entrepreneurs can mislead you because everyone has their own version of success and how to achieve it. When other peoples’ ideas intermingle with your own, your sense of clarity can become a real mess. This is another place where you can have a major spiral and spin out on your journey to success. The truth is, only YOU know what is best for you. When you work with an experienced business coach, your ideas are heard, understood, and supported. You’ll get unbiased expert insight and advice that supports your vision and moves you closer to your goals. You won’t be led astray.
Fresh Perspective
When you're deep in the weeds of your day-to-day, it’s easy to overlook the obvious. The fresh perspective a business coach brings is like a new set of eyes that helps you identify problems and create solutions that you wouldn’t have seen or thought of on your own. A coach will increase your self-awareness and illuminate blind spots, so every area of your business becomes clear. From this fresh perspective you can make better decisions and see what is REALLY going on. Think about that pile of papers that lives on your counter. It’s been there so long you don’t even notice it anymore. Your business is the same way. If you see and do the same things everyday you stop noticing things. It’s how our brains work. You need someone to help you see what you’re missing.
Business Growth
You may be just getting your business off the ground, or perhaps your income isn’t growing as quickly as you’d like. You might be established and trying to take your business to new levels, but you’re bumping your head on a ceiling. A growth focused business coach will see the things that need to be changed to eliminate the barriers and help you create a smart, strategic, business-boosting plan.
Balance
A holistic business coach will teach you how to balance your professional and personal life. It’s easy and very common to develop the habit of spending all your energy and time on work. This can really take a toll on your personal life and your loved ones. The right coach for you gets to know and understand you. They learn your personality, habits, and priorities. By knowing you they help you find ways to create harmony between the two halves of your life. They may even help you find time for a break to indulge in a much-needed vacation. Doesn’t that sound amazing?
In short, finding and hiring the right business coach who will meet you where you are and support you while helping you improve your mindset, your business operations, your profitability, and your LIFE so it all comes together with ease rather than with struggle is an absolute must-have. You can’t put a price on your sanity, but you will be able to measure the value your coach brings by watching your business growth and profit over time.
You’ll know you found the right business coach when they naturally become your most trusted advisor. They’ll feel like a parachute, a security blanket, and they’ll fit like an old shoe. You’ll feel comfortable and safe to show up as you are. You’ll be motivated to dig deep and enjoy the work that will make your business and your life a success. Success as YOU define it. They’ll become an invaluable partner to you, and in the long run, their presence in your world will more than pay for itself. You’ll always come away feeling empowered and motivated… every single time. Don’t be surprised if you find yourself wondering why you didn’t find them sooner!
Trust me - whether you're just starting out, are feeling stuck or overwhelmed, or are looking to scale your business, investing in a truly great business coach is one of the best decisions you will ever make.
If you are ready to meet a truly experienced, intuitive, growth focused, rockstar of a coach (if I do say so myself 😉) - Click the link below to schedule a consultation. This could very well be the first step of the most wise decision you’ve ever made.
~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Are you ready to make real progress in your business?
Working with an expert when making important decisions in your business is a powerful tool to create significant growth and lasting change. It really helps to see things from a fresh perspective and consider ideas and concepts that may not come to you on your own.
If you would like to explore working with me, I invite you to schedule a Discovery Call. 👇 Don’t wait. I only take a very limited number of clients at a time.
Preparing for your tax return got you stressed and overwhelmed? How do you want to feel this time next year??
If you want to feel differently this time next year - NOW is the time to make some changes. Let me tell you why & how (and how this article came to be).
During an afternoon rest period, sweet Sadie was using me as her personal 'rest nest'... I was reflecting on the last few weeks and it occurred to me just how very tired I am right now so I decided to share my thoughts on a better way for us to do things this year.
If you don't feel totally great (like nothing stressful happened whatsoever) in preparing to file your taxes this year, you are going to be SO glad you hung with me on this.
I am going to save you so much work, worry & stress this time next year... and more importantly, I am going to help you learn about your finances and be in MUCH better shape the entire year ahead.
[Would you rather listen to a recording of this post?
Click here to take you to the audio version 👉 VOICE RECORDING ]
I am going to let you in on a little secret.
I generally absolutely love helping people get their business finances in order. Get their system set up and running, get it organized. I absolutely thrive on teaching people how to use their systems, how to interpret the reports they get out of them, how to understand their finances, so they know whether they're profitable or not, so they can understand where their money is coming from and where it's going. I mean, I really, really love that because it's the foundation. I mean, if you're not in business to make money, what are you doing?
So, here's my little secret.
I am tired. I am SO so tired because I have been so busy these last few weeks helping people get their finances in order so that they can file their tax returns. And it is honestly as miserable for me as it is for you at this point because it gets so backlogged and becomes a huge project and it's just something that “has to be done” because the government says we have to file a tax return, right?
So the process is painful. We're digging back into receipts to find out what it is that we spent money on at Walmart in March of last year, and stuff like that. Digging back through our emails to find receipts and I mean, it's painful. It's just so painful.
And you know what?? That is NOT what your business finances are supposed to be about. I get why this just sucks because quite frankly, it sucks for me too. I'm in this to help you… that's my job but it is not fun when you wait until the last minute and you only are doing it because you have to file a tax return. That is not the purpose of your business finances.
The purpose of keeping track of your finances throughout the year is:
- to make sure you understand where your money is coming from
- how much money you're making & spending
- what the trends there are (are there months you make more and months you make less, for example, or months your costs are significantly higher)
- are you charging enough
- is your business' net income enough to pay yourself the salary you intend to generate for your household and personal financial goals
…you cannot know all of these things if you're not keeping track and if you don't understand your financial reports.
I WILL HELP YOU! I am not a bookkeeper. I am a systems expert and a small business finance expert. I will teach you (and your staff, if appropriate) what you need to know and I will support you as needed to make sure this doesn't fall to the wayside.
If you've worked with me at all on this already, you're already in a better place but it is something that people enjoy so little that oftentimes it just gets pushed to the backburner.
And, not only is the process of getting caught up at the end of the year painful but what is also painful sometimes - oftentimes – is when you haven't been keeping up is to look at what you actually made and say “holy crap”. I can't believe that I worked as hard as I did all year and I only made _______. (Or worse, I made nothing at all after expenses!)
I just can't tell you how often I have people come to me making little to no profit… their businesses might be making hundreds of 1000’s of dollars a year, but their profitability is little to nothing, and sometimes they're not even taking a salary. The biggest reason for this - right out of the gate is they don't know what's going on with their finances.
Once you know better - you do better. Until then you are operating in the dark.
So anyway, a little bit of a tire rant here today.
But the point of all of this is just to say if you're one of those people who waited until the last minute and you managed to get everything pulled together so you could file your tax return, and it was as miserable as you expected it to be, stop the madness. Just stop the madness!
Make an appointment with me. Let's get you set up & get you organized. Let’s get you educated about what's happening with your finances right now.
We will take a first quarter look back so you know where you are and get you ready for a whole different way of doing things this year. Let's just do it.
You're going to be so glad you did.
And you know what? I'm going to be glad you did too, because you and I will not be the ones banging our heads together this time next year just trying to get caught up.
- You'll be making money (profit!)
- You'll be setting money aside to pay your taxes
- You'll have no surprises
- You're going to be doing so much better financially
- You're going to feel in control
It's just a win all the way around. So set up an appointment.
Let's get this thing rockin' once and for all. Let's do it.
Let's not feel this way again this time next year!
Here’s a link to schedule a call so we can make a plan for you –
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~ Becky O’Neill, Author
Founder of Specialized Business Services LLC
Could you use a little help?
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