Summer with Sela Vie Week 8
Can you believe it? This is our last week of summer series tips and tricks! Before we return to our regular content, we’d like to share with you—
Your Squarespace Tip—
Finally — file uploads for Squarespace forms! If you need to accept applications for any purpose on your website (jobs, trade accounts, etc.), you can (finally!) now accept file uploads in forms without a plugin. Hallelujah!
Your Shopify Tip–
Pre-orders — if you are launching a product (digital or physical) and you aren’t sure the demand you’ll receive, try starting with a pre-order! Ideal for new launches and limited editions, this feature lets you manage demand and keep customers excited. Seamlessly integrate with your Shopify store, set custom messages, and automate updates. Pre-orders help you turn anticipation into sales with ease so you can better plan your sales and inventory.
Here are a couple highly rated pre-order apps to try —
This week’s Q&A: STEVIE JONES OF BALANCED BY STEVIE
On Business Finance 101
Which tools are best for tracking and managing my business finances?
For bookkeeping, Quickbooks is the best system out there. However, Gusto is my preferred system for running payroll. They offer great customer service, and they handle all payroll tax filings–huge win. And then for cash flow forecasting, out of all the fancy software systems available, you honestly can’t beat Google Sheets.
When can I afford to pay myself from my business, and how do I know how much?
This question can only be answered by generating a cash flow forecasting sheet (like demonstrated above), and then by dropping in your desired owner’s pay to see how it impacts your cash balance over the coming months. Whatever you decide for owner’s pay should still leave you with enough to cover expenses, taxes, and to have a safety net left over.