I spend a lot of time in small business forums giving advice and connecting with small business owners. Because of this, I see A LOT of people’s regrets. They wish they had done this and they wish they had done that. Unfortunately, hindsight is 20/20 and if you don’t set your business up correctly from BEFORE day one, you are going to run into problems down the road. That is why I started The Money Dream Machine Program. I take you through every single step you need to complete in order to turn your dream into a well-oiled machine. Here are some of the regrets I hear…
“I wish I had known how to write a proper business plan!” This is the roadmap for your new business venture yet so many people don’t know how to do one properly. We all know what happens when people don’t use maps – they get lost!
“I wish I had asked for help about things like incorporating or not, and registering for HST!” Sometimes the “boring” details of starting a business get lost in the excitement of building out the creative details. I’ve got the ultimate checklist of everything you need to do before you open.
“Wish I had hired a bookkeeper, now I am up to my neck in paperwork!” I have always believed that you can do your own books and focus a certain amount of my training on this. Software these days is affordable and easy to learn. As a business owner, knowing how to keep your books is an essential part of understanding your cash flow. That said, knowing how to do your books and understanding your financials is different from having the time to do them. As long as you understand what is going on, it is fine to outsource your bookkeeping so you have time to focus on other aspects of your business. I can help you find the perfect match for you.
“I wish I had hired someone to do my branding from the beginning instead of going through 3 logos!” Branding is a really important part of your business as it is how your clients and customers will be introduced to you and how they will judge you. It is a necessary piece of the puzzle that needs to be locked solidly into place long before you go public. Companies rebrand all the time but as a new business, you don’t want to have to deal with the cost and confusion of having to do it shortly after launching.
“I wish I had found a business coach – it would have made all the difference. It’s amazing the stuff I didn’t know. Making huge, costly DIY mistakes was way more expensive!!” Your base of knowledge is centred around your business dream. You know what you want to offer and you know how to produce it. A business coach knows how to take your dream and make it a viable business offering. I know how to set up the structure that is going to support your idea and bring it to consumers. Hiring a coach is an expense up front that will save you money in the long run.
I predict that after the pandemic passes, there will be a great wave of entrepreneurship across Canada and now is the perfect time to get all your ducks in a row. Find out more about the Money Dream Machine Program HERE and get in touch to book a FREE 1:1 hour-long chat HERE and ask me anything you want to know about starting your business!