As we ride into another year, it’s time to accelerate our focus on financial tidiness. 🌄The end of January marks a pivotal time for business owners, particularly those who DIY their financial tracking. We are your pit crew on this journey, and we are here to provide tips and tricks and tricks to help you stay ahead.

For business owners, January may feel like a high-speed chase🏍️💨, juggling end-of-year tasks and gearing up for new goals, trust us we felt the same way. Get your bookkeeping running efficiently by categorizing transactions and reconciling accounts. Ensure your Q4 tax payments are completed, or you will have some homework after this podcast.

A special focus for this podcast involves understanding tax forms like the 1099 and W-2. These forms, essential parts of your fiscal toolkit🔧, ensure your team’s earnings are correctly reported and help avoid potential financial crashes with the IRS. Remember, accurate classification of employees versus independent contractors isn’t just a suggestion; it’s a rule of the financial road.🛣️

Starting 2025, set new goals that align with your previous experiences, much like tuning your bike after each practice session for optimal performance. Taking care of these “admin laps” might seem tedious, but they’re crucial maintenance to fuel a successful, penalty-free year.

Use this time to switch gears⚙️, gather speed through your new year ambitions, and remember: it's okay to call in reinforcements. Whether you rely on your team or external experts like us, reach for support and keep that throttle open for a smooth and successful 2025.

Use this button here to check out our course 👇Revving Up for Financial Success

In this episode of Full Throttle Finance™️, we introduce our new educational course (which is live on our website), 'Revving Up for Financial Success,' designed specifically for professionals in the motorsports industry.📚 We discuss the course content, including fundamental financial concepts, best practices, and advanced topics like budgeting and forecasting. The episode also touches on the importance of shifting mindsets, creating strong financial workflows, and practical tips for DIY enthusiasts. Tune in to learn how this course can help you make small but impactful changes to improve your financial performance. 👊✊💨

Tune in every Friday as we continue to break down finance with a motorsport twist. Whether you’re DIY-ing your finances or considering professional support, Full Throttle Finance has the resources to help you drive better financial performance.🏍️💨

This week’s episode of Full Throttle Finance™️ kicks off with something personal, our journeys into the world of motorcycles. Felicia and Allison share how they each found their way into the fast-paced world of motorsports and what fuels their passion for the industry. It’s a behind-the-scenes glimpse into what drives your hosts to bring financial insights to the track and beyond.🏍️🛣️

We also touched on an exciting milestone for Full Throttle Finance™️ securing our trademark. This isn’t just a legal step; it’s a testament to our commitment to originality and ensuring we deliver unique and valuable content tailored just for you. From the podcast to our broader mission, we’re dedicated to standing out while staying true to our roots.

Lastly, we want to thank all of you, our listeners, supporters, and community.💞 Your encouragement means everything to us as we continue to grow and rev up conversations about financial literacy and motorsports.

Don’t forget to tune in every Friday for more insights about finance with a motorsport twist👊✊💨. Next week, we have a huge surprise for you, something educational that you can take home. Please join us next week to learn about the course that we are putting out!

🏁 Join Felicia & Allison in the inaugural episode of Full Throttle Finance™️, a podcast designed to break down complex financial topics into engaging, relatable discussions. This episode covers their professional backgrounds, the journey of creating Clean Bee Consulting from scratch, & how they support clients across various industries, including motorsports. Learn about their unique approach to consulting & how they help clients achieve financial success through reverse engineering & strategic planning.
 
Tune in every Friday for more insights about finance with a motorsport twist👊✊💨 In episode 2, they'll talk more about Full Throttle Finance & swap stories about how they each got into motorcycles (which is a surprise for all parties!) See ya next week👊