The Importance of Accounting in your Business & Tips for Healthy Financials with Mark Tew

Sep 16, 2021

Our guest today is about to make you feel “Oh, so good!” about your finances because the advice he’s got is not from your dad’s CPA. Tune in to find out more!

 

Episode Introduction: 

Our guest today is nothing like your traditional CPA. In fact, he’s here to change the narrative and tell you that your finances don’t have to be scary. Join us as Mark Tew walks us through some of his favorite tips to optimize your finances throughout the year to save the most during the tax season.

 

Episode Summary: 

Mark Tew walks us through his journey of being laid off from multiple jobs, moving every weekend along with his family to now having established a successful business as a CPA. Today’s episode also comes loaded with tips on how to play an active role in understanding your finances and being efficient with your tax process.

 

Main Takeaways:

• Sometimes, we fail to understand the small little signs that life shows us to take a leap, that’s when it intervenes and gives us the big push that we need.
• Making your business accessible for your clients is key for them to be able to think of you as their go-to person in your industry.
• When you face challenges in your path, let the results you want to achieve inspire you to continue.
• Everything works out and even when it doesn’t work out, it works out.
• Scheduling your week is a great way to stay efficient as an entrepreneur.
• Top tips to make sure your financials are in great health: 

1. Have a separate bank account for your business.
2. Have a bookkeeping system to keep track of your accounts.
3. Don’t stress about your finances, instead take the time to understand them.

 

Recommended Resources: 

Reseller Tax Academy: https://www.resellertaxacademy.com/

 

Fun Facts About Mark Tew:

• Some of his favorite books are The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and The 4-Hour Workweek by Tim Ferriss.
• Some of his favorite business tools are Calendly, Kajabi, Instagram, and Camtasia.

 

Find Mark Tew:

Website: https://notyourdadscpa.com/

Instagram: https://www.instagram.com/notyourdadscpa/

Facebook: https://www.facebook.com/notyourdadscpa/

Get the visual experience, watch the videocast for the episode here: https://youtu.be/tbQeWEGVVgw

 

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

 

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