I’m pulling the curtain back on my small business!
In February 2017, I decided to start sharing my monthly business reports. In these reports, I discuss the month’s positives and negatives as well as progress I made towards my 2017 goals. I also give a snapshot of my earnings.
June was a month for wrapping up projects and reminding clients that my maternity leave was set to start on July 1. I didn’t look for any additional work and focused on writing blog posts. I will be continuing to do a minimal amount of work for one client while on maternity leave so I will continue writing business reports throughout my time off. My income is still trending downward and will be until the fall.
Here’s what happened in June.
Positives
- Finished up lingering projects
I wrapped up work for my clients and reminded everyone that I would be unavailable from July 1 to September 15.
- Pixel Me Designs began redesigning Freelancing Mama
I hired Pixel Me Designs to redo the Freelancing Mama site and I’m extremely excited to unveil it soon. Laura is so talented and has been a delight to work with!
Negatives
- Potential client loss
I may not retain all of my clients when I come back from my maternity leave. I left it open ended with some clients on whether they wanted maternity coverage or not. A few opted not to have maternity coverage which could mean two things: 1) they’ll do without for a few months and be ready to work with me again in September or 2) they’ll hire someone else. I’m mentally prepared to build my business up when I come back and am not going to worry about “what ifs” during my leave.
Progress towards business goals
1) Increase my income by $10,000
I don’t want to say this goal is impossible for this year, but it will be difficult. I have a lot of ground to make up from my lost clients before I will be at the “increasing income” level. Right now I’m trying to get back to where I was in January.
2) Get another local client
This goal is on pause until September.
3) Launch The Sturm Agency website
Hopefully, we’ll get something put together by late summer/early Fall.
4) Launch my freelancer idea
I have not made any progress on this goal yet.
5) Sponsor something in the community
This goal is on hold until 2018.
6) **New goal** Finish Elite Blog Academy course
My goal is to finish the EBA course by the end of the year. I am currently on Unit 1 and plan on making major progress during my maternity leave.
Income Snapshot
This income came from a mixture of social media management, virtual assistant work, one-off organization projects, and content writing.
I may eventually share the actual numbers associated with my income, but for now I’m not comfortable doing that. I will be sharing this income snapshot to show a trend of my income throughout the year.
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