Incredible! I see how it would help to have all of those elements in place. I am just wondering what those costs are! Sounds like a lot. 😅 need to generate high profits to pay all of those people. Web designer, accountant, employees, insurance, Pos systems, supplies, rent, taxes.. 😅😅😅😅. It’s good to be aware of what it takes. Thank you!
I think it's like any business really. There is a lot that goes on behind the scenes to make a business 'run' and I feel like in our industry nobody talks about it - everyone just focuses on wholesale costs and seems to want to ignore the rest.
As a super general guide, I like to plan for 20% Operational Costs, 20% Taxes, 20% COGS, 20% Labour, and 20% Profit. Every business has its own nuances to sort through and definitely get the help of an accountant / financial advisor, but this framework is a great place to start.
@@LittleBirdBloom incredible. Thank you for the awareness. Even hiring a financial advisor, I think, oh more money to raise and spend. How am I going to afford that! But, I am working on changing my emotions to all of that. I grew up in scarcity! I am working on changing old programming that doesn’t serve my dreams. Thanks again for all you do. I LOVE your videos and content.
I am so grateful to be able to help Janet!!! I can't wait to get back into putting on workshops and hanging out with people in real life. It'll be so FUN!
Hi Sheya, you can email me directly admin@littlebirdbloom.com.au or courtneylittlebirdbloom@gmail.com and I will be happy to help you. I'm so sorry that you haven't had any response. I would love to assist you with further information regarding the Flower Boss Academy. 💖
I wish I saw your video before opening my flower shop. I recently hired an accountant and now I need to switch from sole to corporation.
Yeh .. I worked a florist shop for love .. and undercharged ..
You are definitely not the only one! But it's okay... because we know now that it's so important to charge the amount you deserve 🫣💗
Incredible! I see how it would help to have all of those elements in place. I am just wondering what those costs are! Sounds like a lot. 😅 need to generate high profits to pay all of those people. Web designer, accountant, employees, insurance, Pos systems, supplies, rent, taxes.. 😅😅😅😅. It’s good to be aware of what it takes. Thank you!
I think it's like any business really. There is a lot that goes on behind the scenes to make a business 'run' and I feel like in our industry nobody talks about it - everyone just focuses on wholesale costs and seems to want to ignore the rest.
As a super general guide, I like to plan for 20% Operational Costs, 20% Taxes, 20% COGS, 20% Labour, and 20% Profit. Every business has its own nuances to sort through and definitely get the help of an accountant / financial advisor, but this framework is a great place to start.
@@LittleBirdBloom incredible. Thank you for the awareness. Even hiring a financial advisor, I think, oh more money to raise and spend. How am I going to afford that! But, I am working on changing my emotions to all of that. I grew up in scarcity! I am working on changing old programming that doesn’t serve my dreams. Thanks again for all you do. I LOVE your videos and content.
You are a Godsend Kathleen! Thank you for all your tips and honesty, I hope one day I can do a workshop with you. 🙂💐
I am so grateful to be able to help Janet!!! I can't wait to get back into putting on workshops and hanging out with people in real life. It'll be so FUN!
Thank you so much as always Kathleen! 💕
You are so welcome! I'm so glad to be able to help.
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I'm glad you liked this one too. 🤓
Thank you so much for doing these videos! I am from Romania and want to start an online floral shop and you give me so much confidence! 🤍
This is SO awesome! Glad to know my videos are helping you gain the confidence you need to take your floral shop to the next level 🥰
I have tried I don't know how many different ways to contact little bird bloom regarding any form of classes or information, and it's a joke.
Hi Sheya, you can email me directly admin@littlebirdbloom.com.au or courtneylittlebirdbloom@gmail.com and I will be happy to help you. I'm so sorry that you haven't had any response. I would love to assist you with further information regarding the Flower Boss Academy. 💖