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Stop paying for someone's time. Pay for their knowledge!

Oct 20, 2024

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As a small business owner, sole trader or someone planning to start a business, you might feel torn between doing everything yourself and outsourcing tasks to experts. Hiring a professional can seem convenient, but have you ever stopped to think about what you're actually paying for?


Is it just their time, or is it their knowledge that can truly make a difference for your business?


The True Cost of Paying for Time


When you hire someone to handle your bookkeeping, tax returns, or payroll, you often compensate them for their hours . But it's their knowledge that holds the real power. Think about it: you're paying someone to do tasks that you could easily do yourself if you knew how to.


Bookkeepers and accountants are often reluctant to teach you. It's understandable. They would rather get regular business from you than have you do it all by yourself for free!

They also spent time learning, sat exams, practiced, and perfected their processes. No one wants to give it all away for free. Even if they did give you some advice and guidance, there's a high chance that you'll forget. It will cost you days of confusion and costly mistakes.


What if you invested in a resource that would give you the skills to handle these tasks on your own?


The Value of Knowledge


Investing in knowledge offers several key benefits:


  1. Long-Term Savings: By learning to manage your bookkeeping, you'll save on ongoing costs. Imagine not having to hire a professional every time you need to submit a payroll or a VAT return!


  2. Greater Control: Your new skills will let you manage your finances in real time. You'll make informed decisions to drive your business forward.


  3. Increased Confidence: Understanding your financials gives you the confidence to grow your business. You'll be able to interpret reports, manage cash flow, and prepare for tax season without relying on others.


  4. Tailored Learning: My online video courses are clear and thorough. They let you learn at your own pace and revisit concepts as needed.


What I Offer


My business courses cover essential topics, including:


  • Starting Business in Ireland: From business name to tax registration. Get to know how you can do most of the tasks yourself.

  • Bookkeeping Basics: Track income and expenses, reconcile accounts, and prepare financial statements.

  • Tax Returns Simplified: Learn the tax process, deductions, and how to file your returns.

  • Payroll Management: Learn to manage payroll, ensure compliance, and make timely payments.


Each course is full of tips to save you time and frustration.


Conclusion: Invest in Your Future


Your time and resources are precious. While outsourcing can save time, when resources are tight, investing in your skills can lead to long-term growth and confidence.


If your small business can't afford to hire, invest in your knowledge.


Ready to stop paying for someone's time? Start your journey to financial independence today with my online video courses!


Take the first step to mastering bookkeeping, tax returns, payroll, and more! Your future self will thank you.



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What is 70Lives App?

70Lives is a finance and bookkeeping app built specifically for beauty professionals. It helps beauty business owners track income and expenses, scan receipts, calculate profitable prices, and stay tax-ready — all in one place.

FAQ

Who is 70Lives designed for? 70Lives is designed for self-employed beauty professionals, including nail technicians, hair stylists, lash artists, makeup artists, aestheticians, and small salon owners.

Do I need accounting or finance knowledge to use 70Lives? No. 70Lives is designed for non-accountants. You don’t need bookkeeping experience, spreadsheets, or accounting software knowledge to use it effectively.

Why don’t beauty professionals need QuickBooks? QuickBooks is designed for general businesses and can be overly complex for beauty professionals. Most beauty businesses need simple, accurate expense tracking, receipt storage, pricing clarity, and tax readiness — which 70Lives provides without unnecessary features.

Does 70Lives help with pricing treatments? Yes. 70Lives includes pricing tools that help beauty professionals calculate treatment costs and set profitable prices based on real expenses and time.

Can I still work with my accountant if I use 70Lives? Yes. 70Lives is designed to work alongside your accountant. It helps you keep accurate, organised records so your accountant can easily prepare tax returns or year-end accounts.

Will 70Lives help me prepare for tax time? Yes. 70Lives helps you stay tax-ready all year by keeping your records organised, accurate, and easy to review when it’s time to file your tax return.

Is 70Lives suitable for sole traders in Ireland? Yes. 70Lives is built with Irish sole traders and small beauty businesses in mind, including how they track expenses, prepare for tax returns, and work with accountants.

Does 70Lives replace QuickBooks for beauty professionals? Yes. For beauty professionals, 70Lives fully replaces QuickBooks. Beauty businesses typically do not need complex accounting software, and 70Lives provides everything required to manage day-to-day finances, expenses, and tax records in a much simpler way.

How is 70Lives different from Xero? Xero is full accounting software intended for accountants and larger businesses. 70Lives is a niche finance app designed specifically for beauty professionals who want clarity, simplicity, and control without managing complex accounting systems.

Can I track income and expenses in one place? Yes. 70Lives lets you track income, expenses, and receipts in one simple dashboard designed specifically for beauty businesses.

Can I scan receipts using my phone? Yes. 70Lives allows you to scan receipts directly from your phone, automatically organise them, and store them safely for tax and bookkeeping purposes.

Who created 70Lives? 70Lives was created by a qualified tax and accounting professional who works directly with beauty businesses and understands their real-world financial challenges.

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