August Financial Report
Our first monthly financial report -
Revenue = $515.80
Expenses = $142,31
Net Cashflow = $373.49
Analysis: sources of revenue included sponsorship fees, advertising, and affiliate programs; expenses included server hosting and software licenses ($25.98), bank fees ($41.00), GoDaddy ($50.33), and graphics ($25.00).
We purchased 7 domain names from GoDaddy.com. We outsourced the creation of the SacWomen.com banner. The bank fees include our monthly merchant fee for our credit card account (we accept AMEX, Mastercard, and Visa for our quarterly networking events) and service fee for our bank.
We should see improved revenue in October, as Gillian is planning to hold her first networking event for SacWomen.com
Pierre Cutler
Our 4-Hour Workweek
