Business Management

Inhale... Exhale with Mindbody

Inhale... Exhale with Mindbody

MINDBODY is a powerful business management tool for your sweat-inducing fitness studio, zen spa or cutting-edge salon.

We are going to talk about financial organization and reports. So take a deep breath…inhale…and exhale…

SBAI Group is the perfect bookkeeping and accounting resource for small business owners in the health and wellness space. Our approachable and knowledgeable team members have extensive industry experience and truly want to help you get your finances in shape. We believe our clients want a personalized experience that lifts their worries and frees up their valuable time from back office tasks so they can focus on other aspects of their growing business.

Creating A Financial Plan

Creating A Financial Plan

Depending on the current state of your finances, financial freedom might seem a long way away. For many people, financial freedom—when you don’t have to worry about how to pay the bills and your money is invested and making money for you—is a far off dream. What they don’t understand is how close financial planning can get them to that dream.

Financial planning isn’t all staring at ledgers and creating spreadsheets, although if you like that sort of thing you’re welcome to do it. It’s about creating a list of your financial goals and figuring out how to get yourself there.

Here are some steps to take to get started on your financial plan.

4 Tips For Getting Your Business Through Tough Times

4 Tips For Getting Your Business Through Tough Times

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are many things beyond our control that can negatively affect our business.

Here are four tips for getting your business through difficult periods so you can look forward to many more years of business ownership.

How To Set Payment Terms If You’re A Freelancer Or Contractor

How To Set Payment Terms If You’re A Freelancer Or Contractor

Following up on late or non-paying customers is no freelancer’s favorite task. Which is precisely why you need to set payment terms up front – and in writing – before you work with a new client or customer.

By communicating and agreeing on the non-negotiables for doing business with you, you’ll avoid awkward misunderstandings, frustrating disputes, and in most cases, the ugly hassle of debt collection.

These tips will help you pave the way for consistent cash flow by setting clear payment terms.