Jess Lawrence

How to Track Your STR Business Finances Like a Pro (Even If You Hate Bookkeeping)

Managing the finances for your short-term rental (STR) business can feel overwhelming, especially if bookkeeping isn’t your thing. But keeping your finances in order is essential if you want to maximize profits, stay tax-compliant, and scale your rental business stress-free. The good news? You don’t need to be a finance expert to track your STR

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The 5 Most Costly Bookkeeping Mistakes Solopreneurs Make (& How to Avoid Them)

Solopreneurs face challenges in bookkeeping, which, if ignored, can lead to significant financial consequences. This guide outlines five common mistakes we see solopreneurs make every day. Avoiding these pitfalls is essential for maintaining financial control and ensuring business success.

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Is Your Business Sick? 3 Vital Financial Reports Hold the Answers!

Is your business feeling “off”? Or maybe profits aren’t where you’d like them to be, cash flow is tight, or you’re constantly worried about expenses? I know how stressed and concerned you must be. But the good news is that your financial reports hold the answer. Think of them as the vital signs of your

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The #1 Mistake STR Owners Are Making With Their Rental Finances in 2024 (and How to Fix It)

Are you making the #1 mistake short-term rental (STR) owners often make? It’s an easy one to fall into, especially when you’re eager to get your property up and running. It’s a mistake that seems small at first but can snowball into major problems. The mistake? Commingling your finances – mixing personal and business funds.

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