Jerry Banfield

March 2017 Business Income and Expense Report for JerryBanfield.com

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Synopsis

Would you like to see my income and expenses for my business at https://jerrybanfield.com/ in March 2017? In summary, $18,575 in total income with $12,594 in expenses and $5,981 in profit with about $2,093 going to taxes leaving me an effective salary of $3,888 for a month of doing what I love! I use Quick Books Self Employed or QBSE as listed at https://jerrybanfield.com/resources/ to automatically track all of my transactions in my business bank accounts. In march I continued to work to lower my expenses to maximize profit while at the same time giving more of my courses away free at https://jerrybanfield.com/freecourses/ to reduce customer service emails and help my partners more effectively build their students. My largest expense was $5,923 in contract labor which included some payments for multiple months for help with making new books and blog posts out of my videos as well as payments to coinstructors. Advertising was my next largest expense at $5,148 paid in the largest single lump sum for a loo