Bookkeeping Basics for Beginners
Believe it or not, tax season is not the only time that you should be looking at your money! In such a creative field, it is super easy to take an ostrich approach and try to ignore your bookkeeping. However, if you don't start looking at the numbers in your business on a monthly basis, your business will never achieve its full potential. Your income is not the only measure of financial success, and receipts are not the only thing you need to monitor about your business expenses.
Stop being intimidated by the numbers, and learn straight forward techniques for monitoring the financial health of your baking and sweet making business. In this session, Accountant and Financial Analyst Cyd Mitchell Hodges will show you the steps you can take today to get financially organized in your business. From Software Recommendations to life hacks for getting a better understanding of how good (or bad) you're doing in your cake business.
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Bookkeeping Basics for Beginners
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Intro + Foundation
Bookkeeping isn’t about complicated math; it’s about taking control of your financial story so you can make confident, profit-driving decisions. Inside this course, you’ll learn how to organize your transactions, understand the five key account types, and decode the three financial reports every successful business owner relies on.
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DIY Bookkeeping Walkthrough
In this walkthrough, you’ll learn exactly how to use a simple spreadsheet to manage your own bookkeeping with confidence and clarity. I’ll show you how to track income, expenses, and everything in between so you can finally feel in control of your numbers.
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Pro-Tips and Resources
Discover practical pro tips that make bookkeeping easier, faster, and far less stressful, from staying organized year-round to managing receipts with simple, repeatable habits. You’ll also learn when to stick with spreadsheets and when to level up to bookkeeping software or outside help so your books stay accurate and your business stays profitable.
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Meet Your Instructor
Cydni Mitchell Hodges
Cydni Mitchell Hodges (aka Cyd) is the founder of Sweet Fest®, an online brand that provides professional services and business education to food business owners globally.
By trade, Cyd is an accountant & financial analyst with a Masters from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. She is the Founder of the Sugar Coin Academy, an online business academy for business owners in the baking and sweets industry, and the owner of The Affordable Foodie, an online recipe blog. She is also the Business Blogger for the Retail Bakers of America and a columnist for American Cake Decorating Magazine.