I’m in the process of onboarding a new business manager for my company. As you may recall, my former business manager and I parted ways earlier this year. It wasn’t anything personal, it’s just that both our businesses had changed and we outgrew each other. It happens. For the last few months, I haven’t had time to […]
A business name is an essential part of your business identity. When starting a new business, choosing a business name is not just a minor decision. You should spend the time to make sure you end up with the right name for your company. A poor company name could be enough to sink an otherwise […]
If you’ve had many stops and starts in your business, or you’ve reached an income plateau, taking a hard look at your financial mindset could give you the extra push you need to level up. This year, I’m on track to almost double my income, and none of this happened overnight. The growth has come […]
When it comes to startup advice you can never get enough. Starting a business is one of the toughest undertakings you can pursue in life. Statistically you’re bound to fail and those who succeed take years to reap the rewards. So if you’re ready to take on the challenge it’s time to get informed. Here are six […]
Think it’s time to convert to a new payroll system for your business? Don’t hesitate to make a change. The transition process doesn’t to be that chaotic. While data errors and missing or delayed payroll periods may happen, all these can easily be mitigated by choosing the right payroll provider. For you to say you […]
Ever since 2009, cryptocurrency, Bitcoin in particular, has been growing in popularity and value. As more time passes, increasing numbers of people become familiar with what it is. But just because the average person has now heard of cryptocurrency doesn’t mean they fully understand it. In fact, many think that if they can’t afford to […]
Life insurance is an important part of your financial life if you support a family. Primary income earners, caretaking spouses, and other household contributors need life insurance to protect their family from an unexpected loss of income in most cases. Unless you have enough money saved to self-insure, you need life insurance. Follow along with […]
I’ve been fortunate over the last several years to have clients who usually pay on time. There’s only been two — that I can vividly remember — who have paid late consistently. Managing late invoices are a drag, and it can also be discouraging. If you put in work for a client, you would hope […]
There are new tools for a business owner coming on the market every day. For small business owners, it can be overwhelming. You need to implement tools and systems that will help you compete in your market and stay afloat financially. But new business owners don’t always have a lot of money to invest in […]
No business wants to experience downtime. When you’re in manufacturing, the financial cost of downtime can be significant. To satisfy your financial goals and keep your bottom line strong, you need to understand how much downtime is costing you as well as how you can reduce it. Calculating the Financial Cost of Downtime Research shows […]