Cash flow is exactly what it sounds like: the amount of money flowing in and out of your business at any given point in time. Companies that don’t pay attention to this are more likely to struggle when something unexpected happens.
Continue reading →You must regularly review and understand your bookkeeping reports. It empowers you to make critical business decisions with confidence. These are the basic reports to review monthly to keep your business moving forward.
Continue reading →If you are like most business owners, you probably don’t enjoy the effort required to track business expenses and organize receipts.
Continue reading →These questions help small business owners to determine if it’s the right time to hire a bookkeeper to help keep your business finances in order.
Continue reading →New business owners often ask me, “What should my compensation be? How should I pay myself?” Here’s what I like to tell them.
Continue reading →Whether you are on salary or take a draw of income out of your own business, here is what to consider about how to pay yourself a paycheck.
Continue reading →Putting things off isn’t about being lazy or undisciplined. This means that we are acting against our best interests. We know we should do something, but we can’t seem to make ourselves do it.
Continue reading →Have you considered building in your charitable donations to your business plan? You can make the “season of giving” last all year.
Continue reading →A well-planned budget is a part of planning for success. Here are some simple steps I recommend when building your business budget.
Continue reading →The four pillars of 4th quarter are 4 essential things to do in your business during the last months of the year.
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