Due
money habits

If you’re starting a business, chances are you’ve already realized you need to be financially resourceful in order to make it. This is especially true in the first couple of years and if you plan on bootstrapping. I often get asked how I’ve managed to be so financially resourceful in my own business. I’ve turned […]

tax bill

It’s tax season. That means all of you are dealing with business finances. Some of you (like myself) are calm because you have everything under control. Others of you, are in a bit of a panic as you try to figure out what happened in your business financially these past twelve months. My job is […]

cash to credit card flow

Cash flow can be a problem for many small business owners. I know because I’m one of those who struggles with it. I also have conversations with my colleagues about how they struggle with it. Granted, many of us aren’t struggling with cash flow as much as we used to. That’s because we’ve implemented some […]

Payments

One of the things I do for my email list is to send them income reports and updates from my business. I do this to show them what’s working in my business and what’s not. In a recent one, I sent out an email detailing how my business brought in over $11,000 in revenue in […]

Bad Debt Tax Deduction

One of the biggest headline grabbing additions to the new Republican tax law, passed in December 2017, is a lower business tax rates. Corporations paid 35 percent of profits to Uncle Sam in the past, after loopholes and deductions, and now pay 21 percent. But what does that mean for small business owners with an […]

Hire Your First Employee

Because it’s the week between Christmas and New Year’s things are pretty quiet right now. People are enjoying some downtime and are out of the office. Because of this, it’s also a good time to grow your business while everyone is on vacation. During our regular schedules, it can be difficult to do the tasks […]

Stay motivated

I like to consider myself a pretty motivated person. However, I’m not a machine. I’m human just like everyone else. This means that sometimes I feel incredibly lazy and need to motivate myself. After all, if I don’t run my business, who will? Additionally, I recently realized I still have holes in my motivation. After […]

goals behind fitness

Each year around this time, my team and I discuss business objectives for the coming year. The way I personally like to do it is to pick a theme for the following 12 months. This theme is usually centered around a big project or idea that needs to get done. By setting the objective early […]

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