SLV Consulting

Ok small business owners and nonprofit visionaries! Here is component number 3 for a solid accounting plan. If you missed the first two, be sure to check our post on our website and stay tuned for more!

3. Chart of accounts

A chart of accounts (COA) is a listing of the accounts used by an organization to define and record transactions. Create a COA that best suits the nature of your business. Your accounting software will likely give you a head start by providing a basic chart, but since different industries and business structures require different accounts for tax purposes, you may want to get assistance from an accountant. Creating a good COA and using it in a consistent manner will allow you to create accurate financial reports and will be a big help when it’s time to file your taxes.

5 Bookkeeping Essentials for Small Businesses As a new business owner, providing valuable service to your customers is a high priority and invigorating to think about and plan.   The business-end of the business, with all the administrative ta…

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A Better Alternative to Giving Your Kids an Allowance Kids are like little sponges. They absorb everything around them—especially the things their parents are intentional about teaching them.

As a new business owner, providing valuable service to your customers is a high priority and invigorating to think about and plan. The business-end of the business, with all the administrative tasks, can seem daunting in comparison. However, creating a solid accounting plan is a vital part of your business's foundation. Here's the first of 5 key components to a well-developed plan.

1. An effective filing system that works for you
Paperwork can be super boring, but definitely necessary to track the health of your business and to keep you out of financial and legal trouble. So, take the time to create a filing system that helps you maintain all your important documents, receipts, and other financial data in a way that is intuitive, easy to navigate, and suits your organization's needs. Be sure to consult federal and state document retention requirements that details how long you should keep various documents. In business, there's nothing like a good paper trail.
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www.slvconsultingllc.com

Creating your Mission Statement is a critical step in launching your nonprofit organization. More than just an advertising strategy, it communicates to everyone- you, staff, volunteers, donors, and clients- who you are, what you do, how you do it, for whom, and why...all in just 15 words or less! Learn about the characteristics of a good mission statement and more at the Intro to Starting a Nonprofit Organization tele-seminar. http://slvconsultingllc.com/intro-to-nonprofit-start-up.html

Intro to Nonprofit Start Up Newport News, VA Phone: (757) 897-0487 Email: [email protected] Blog: www.visioninsights.blogspot.com/

Drafting the organizing documents for your nonprofit is more than just putting your mission on paper. In order to be considered a charitable nonprofit organization by the IRS and most states, your documents must include some very important verbiage. Register for today's free 30 minute class at 8:30PM to learn more. https://www.eventbrite.com/e/introduction-to-starting-a-nonprofit-organization-registration-18090375801

Introduction to Starting a Nonprofit Organization Starting a nonprofit can be an inspiring time, full of ideas on how you will make a difference. It is also an undertaking that can be derailed by lack of planning and understanding of the process.  Introduction to Starting a Nonprofit Organization will provide an overview of the critical steps neede…

As a new nonprofit visionnary, have you considered whether there are other organizations already serving your potential clients? Doing some research- what they're doing, how, and for whom- will be important when determining your mission, key target audience, and primary services. Learn more during our Introduction to Starting a Nonprofit Organization class.

https://www.eventbrite.com/e/introduction-to-starting-a-nonprofit-organization-registration-18090375801

SLV Consulting is hosting a Free 30 minute webinar "Introduction to Starting a Nonprofit Organization", Tuesday, August 25th at 8:30PM. Having the vision is the first step, but organizing and putting your nonprofit vision into motion can be daunting. Homelessness, illiteracy, single mothers, ministry...whatever your vision, whatever your mission, learn the critical steps to successfully starting your nonprofit organization.

Learn more and Register here: https://www.eventbrite.com/e/introduction-to-starting-a-nonprofit-organization-registration-18090375801

SLV Consulting is hosting a Free 30 minute webinar "Introduction to Starting a Nonprofit Organization", Tuesday, August 25th at 8:30PM. Having the vision is the first step, but organizing and putting your nonprofit vision into motion can be daunting. Homelessness, illiteracy, single mothers, ministry...whatever your vision, whatever your mission, learn the critical steps to successfully starting your nonprofit organization.

Register here: https://www.eventbrite.com/e/introduciton-to-starting-a-nonprofit-organization-tickets-18090375801

Learn to look beyond yourself.

How will they learn unless we teach them? Let's commit to raising our kids on purpose and with purpose!

Smart Money Smart Kids: The Class About Raising a Child You Can Be Proud Of Dave Ramsey and Rachel Cruze have made teaching your kids about money easier than ever before. Learn how you can raise kids who appreciate work, value giving and practice contentment.

Don't lose sight of your vision!