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The FABS Ledger

Why Every Solopreneur Needs a Money Date (and How to Make It Work)
Schedule a Money Date—a simple, no-pressure check-in with your business finances that keeps you in control and helps you make smarter money
Sheri-Lynn Fournier
Mar 173 min read
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5 Common Bookkeeping Mistakes Solopreneurs Make (And How to Avoid Them)
Common Bookkeeping Mistakes Running your own business as a solopreneur is exciting, but managing your finances can sometimes feel...
Sheri-Lynn Fournier
Feb 183 min read
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The Benefits of Starting the Year with a Clean Financial Slate
At the start of every year, we all set new goals, and make plans for the upcoming 12 months. And I get it, looking ahead at the...
Sheri-Lynn Fournier
Jan 173 min read
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8 Productivity Hacks for Solopreneurs: Mastering Your Time and Energy
Does it ever feel like there’s just never enough time in the day to accomplish everything? As solopreneurs, we wear all the hats.
Sheri-Lynn Fournier
Oct 18, 20243 min read
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Setting Up Your Accounting Software: Beyond Plug-and-Play
Contrary to what much of the marketing out there says, most accounting software is not plug-and-play.
Sheri-Lynn Fournier
Sep 19, 20243 min read
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HOW TO GROW YOUR BUSINESS SAVINGS
Wait, what? My business should have a savings account, too? In many cases, yes. Is it always necessary? No. I talk about only having a...
Sheri-Lynn Fournier
Oct 17, 20234 min read
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Best Practices to Get Paid Faster as a Small Business Owner
Being a small business owner has many benefits. You can choose who you work with, how you work, when you work, and your income potential...
Sheri-Lynn Fournier
Aug 9, 20233 min read
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4 Common Bookkeeping Mistakes and How to Avoid Them
You probably already know that losing money is far easier than earning it. Running a business — even a one-person shop — and making money...
Sheri-Lynn Fournier
Mar 3, 20234 min read
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Grow Your Business without Working 24/7
I’ve talked to so many business owners who want to grow their business but aren’t sure how because they are already so BUSY! They cannot...
Sheri-Lynn Fournier
Oct 21, 20224 min read
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Is One Business Bank Account Enough?
The short answer is yes, it can be. I work with many solopreneurs who have only one business bank account and it works well for them....
Sheri-Lynn Fournier
Sep 7, 20224 min read
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4 Things Business Owners Should Do at the Beginning of a New Quarter
Have you ever wondered if there were things you should be doing on a quarterly basis that maybe you were missing? Here are 4 things you...
Sheri-Lynn Fournier
Apr 8, 20213 min read
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6 Things to Outsource to Save You Money This Year
Most small businesses start out on a budget and the small business owner tries to save money wherever they can, which means doing a lot...
Sheri-Lynn Fournier
Jan 18, 20214 min read
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What you need to know about the new 1099-NEC
If you own a business or are a freelancer/subcontractor to businesses, you are most likely very familiar with the 1099-MISC form. This...
Sheri-Lynn Fournier
Nov 13, 20202 min read
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How to Stay Connected When Working from Home
I have been working from a home office for over a decade. With the changes put in place right now and so many people being asked to work...
Sheri-Lynn Fournier
Mar 18, 20202 min read
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When An Expense Isn’t An Expense
As business owners and freelancers, we pay a lot of different vendors for a lot of different things. Most of these payments wind up on...
Sheri-Lynn Fournier
Jul 22, 20193 min read
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5 Reasons You Should Take Time Off
“I haven’t had a vacation in years.”, is a sentence I’ve heard many clients and potential clients state throughout the years I’ve been in...
Sheri-Lynn Fournier
Jan 16, 20193 min read
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5 Things to Know about the New Tax Laws as a Business Owner
What do you as a small business owner need to know regarding the tax changes that took effect with the passing of the Tax Cuts and Jobs...
Sheri-Lynn Fournier
Aug 14, 20182 min read
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5 Tips to Keep Your Side Hustle from Turning into a Major Headache!
It seems as if suddenly everyone has a side hustle. Your sister is selling essential oils, your brother-in-law is flipping houses, your...
Sheri-Lynn Fournier
Jun 25, 20182 min read
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Get To Know Your Financial Reports: The Profit & Loss Statement
The Profit & Loss or Income Statement is everyone’s favorite financial report. But do you really understand what is and isn’t included...
Sheri-Lynn Fournier
Mar 12, 20183 min read
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Get To Know Your Financial Reports: The Balance Sheet
The balance sheet is a financial report that’s loaded with information, yet often overlooked by business owners who want to know How much...
Sheri-Lynn Fournier
Feb 22, 20182 min read
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