The Cloud9 Connection

** IMPORTANT REMINDER NOTIFICATION **

Hi Reader,

​

So have you ever had one of those weeks where you had to just clear your calendar of any appointments, meetings, happy hours, whatever... because your college son calls you and tells you he's at the ER with a broken clavicle?

​

Yeah, that was me a few weeks ago. So I did what any Mama Bear would do ... I cleared the calendar and packed a bag 'cause baby bear needed help with... well.. pretty much everything! Getting dressed, standing up out of a chair, sitting down in a chair, preparing meals, doing laundry. The list goes on. Good news is, he's on the road to recovery and should be good as new before Baseball Season in the spring!

​

Unfortunately, all that meant I needed to cancel my Oct 3 Workshop. Time to reschedule.

​

who: Business Owners (SMBs generating < $2 M in revenue)
what: "Own a Machine, Not a JOB" Workshop​
when: October 31 @ 11:00 am PST ​

Talking about finances can be spooookkyyy, I know. But don't be scared just 'cause this workshop is now on HALLOWEEN!

Come ready to learn what levers to push and pull in your business to create a MONEY MAKING MACHINE! We'll teach you the 16 parts of your business that impact and drive REVENUE, PROFIT, and most importantly, CASH FLOW. Because Cash Is King!

Please use the link below to register, and feel free to forward registration link to a fellow business owner who wants to grow and scale and improve their Cash Flow too! Thanks in advance.

FILING EXTENSIONS for Sole Props/LLCs & Corporations,
​Deadline: Tuesday, October 15

Yes, tomorrow Tuesday...October 15. You're welcome!

If you are a Business Owner who files taxes as a Sole Proprietor or an LLC or if you are a C-Corp and you submitted an extension on your 2023 taxes, the wait is over!! Deadline is tomorrow. And boy is your CPA thrilled!!

​

Guess what? There is only 10 weeks (and 2 days) until Christmas. What?? You know what that means? it's time to plan for business in 2025! As a small business owner, you'll want to be prepared so you can hit the ground running.. or get a head start now.
​
Ask yourself these questions:

• How did the business do this past year? Did you hit your goals?
• What are your Revenue Goals for next year? Profit Margin goals?
• Which product offerings are the MOST profitable?
• Are you adding/removing or changing your product offerings?
• What metrics did you tracking? Do you need to adjust them for next year? Or maybe you need to START tracking metrics!
• Do you need to make any big investments next year (i.e. hiring and training new employees, running new marketing campaigns to push a product launch, etc)
• What about any capital equipment purchases? (Pssst: RIGHT NOW is the time to check with your CPA if it makes sense to purchase big ticket items before year end -- Tax deductions!)
• Have you set aside time to create your 2025 budget?
• How much money do YOU want to make (Owner's Draw) next year?

That last one is probably THE MOST IMPORTANT one and should help you drive decisions about how to set your goals and budget for next year. These are just a few of the questions I discuss with my CFO Advisory clients at year end.

Need a little help? I'm getting ready to publish a new blog article that is all about preparing for end of year and beyond! So be on the lookout for that soon.

In the meantime, please check out my current blog articles here and let me know what you think: https://cloud9.financial/blog-posts/​

And feel free to shoot me a message about what YOUR goals and dreams are for YOUR business in 2025!

Here's to a great October!

Pam

Owner | Certified CFO
​Cloud9 Financial​

You're receiving this newsletter because at some point or other, our paths have crossed. Maybe you're a client of mine, or you attending one of my webinars, or a networking event. Whatever the reason, I'm so happy you're here! If for some reason you'd rather not hear from me :-( just click the UNSUBSCRIBE button below. But I sure do hope you'll stay.

​

NOTE: None of the information in this newsletter should be considered legal or tax advice. I'm not a lawyer, nor am I a Tax Accountant, and I sure as heck don't play one on TV. So please ... always do your own research to verify whether your business needs to file or not.