I started junebird creative in 2014 and converted it to an S-corp in 2016. Since then I have been 1) doing my own business taxes and 2) stressing TFO about said business taxes. I had to do research to find the right tool to do them online. I didn’t have anyone I could call to ask questions about what dollar amounts should go where. And two years ago I made a mistake that cost me $1,500 which could have been avoided if only I’d leveled up and gotten an accountant. This year, I not only have an accountant to do my business taxes but I’m meeting with him quarterly to discuss my business goals and work through every question I have about my books. It’s not cheap, but there’s immense value for me in the peace of mind I get knowing my books are being professionally overseen and that I have a dedicated human to email with questions. Hands down the service is worth every penny.
In summary, when we “level up” a part of our business, what we’re doing is professionalizing said part and admitting that said part is not a sandbox we 1) want to or 2) should be playing in. And avoiding expensive mistakes.
Since were telling stories, how about another one about strategy…
Another thing I did to “professionalize” my business in 2023 was getting a business coach. Over the past year she has helped (ahem challenged) me to think strategically and not only capitalize on but execute many strategic opportunities for my business. Like many small business owners, I shied away from the money pit I thought strategy was but now after a year’s worth of strategic conversations under my belt, I feel like junebird creative has a clearer vision for where we’re going and how to get there.