Tag Archives Accounting

how to save more money

One of the biggest struggles I see among small business owners is that many of them aren’t very good with money. More specifically, they aren’t very organized or they don’t really know what’s going on financially. This a big problem. Like it or not, as a small business owner, part of your job is to […]

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 […]

money management

Creating a profitable business is a delicate balance of making the right investments, sales and reducing business expenses. It’s a balance that takes time to figure out and requires a lot of patience on the part of the business owner. I personally don’t think there’s a right formula so long as you are making a […]

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 […]

analyze your taxes

This is the time of year when businesses start thinking about how to bring down their tax bill. That’s why if you go to different business sites online, you’ll see a lot of content about end of year tax planning. One piece of advice they often mention is to make big purchases for your business […]

Raise Your Rates

One of the greatest assets you have in both your business and personal is the ability to earn more money and give yourself a raise each year. There is no cap on your earning potential, and when you run your own business you don’t have to worry about red tape. As a business owner, all […]

meeting with team members

As a business consultant, I speak with many freelancers who are ready to start taking their business finances seriously. Many of them ask me about accountants, business accounts, and networking. As a business owner, you need to have a financial team in place. Many times, the only way to improve business finances is to gain […]

Pricing Model

I recently had a conversation with a student who was incorrectly pricing her services in her business. In her case, she was low balling herself. I wish I could tell you this was rare, by incorrectly pricing your services as a business owner is actually an epidemic. I have at least five to six conversations […]

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