I learn fairly quickly, but need some training on how to get a good bookkeeping system so I always have my financials ready and how to fill out financial statements. I specifically need some help understanding where to but some of my business expenses into a P&L worksheet the ones I see don't seem to have slots for all the expenses from having a online shop.
Actions I’ve taken so far
I have received templates for financial projections and P&L statements and tried to fill them out but am not sure I am putting all the numbers in an organized, helpful place.
My future goals
I want to get a microloan to buy some equipment which will make a process in my jewelry making more reliable, less of a hassle than taking to a third party and will also give me the opportunity to perform the process for other jewelers and therefore add a revenue stream to my business. The loan will also make it possible to hire some folks part-time so that I can hand off some production work and concentrate on making new products and finding new customers.
My motivations to work with a mentor
To get unstuck and on to the next level by understanding these financial statements and learning how to keep them up to date.
About my venture
Social Justice Jewelry
I need some help understanding where to but some of my business expenses into a P&L worksheet and a 3 year statement of cash flows for a microloan.