Money remains a critical tool and measure for success. But money is not the only currency. When we recognize that money is simply a tool, we can use that frame to harness the powerful connection between gratitude and money in your life and business.
Read MoreUnderstanding your numbers is powerful. In this post, I share four surprising ways getting a handle on your small business finances could transform your business — and your life! With recent stories from our clients.
Read MoreA tale of two SBA loan applications gone horribly wrong. Denials due to shoddy accounting and tax returns showing no profit. Get tools and tips you need, so your small business can avoid the same fate.
Read MoreWhy do I love Profit First?
First: Because it Works! It has changed my business and helped most of the companies I work with become more profitable, build up cash reserves, and fuel growth in their business.
Second because Profit First is so easy to understand and get started!
Read MoreUsing loan funding (like the EIDL or other SBA small business loans) can be fantastic way to fuel a growing company, but how much business debt is too much? Here are two ways to check if your business borrowing is helping or hurting.
Read MoreCash management is the #1 skill that can make or break a business. But If you’re still wondering why cash flow is so important; or how cash flow problems actually affect companies read these two case studies; and learn my Four Core steps to control cash, even when business dries up due to Covid-19 shutdown.
Too often, business owners become the victim of poor cash planning or “swiss cheese” style of cash management -- letting cash leak out of the business simply by not paying enough attention to expenses. In fact, 82% of businesses fail because of cash flow problems (according to a US Bank study,).
Being proactive and strategic in managing cash is critical to your business success. And the best way to do that is to start by crafting a detailed cash flow plan.
Read MoreWhen cash is tight, seeing profit on your P&L does not feel like the truth you are living — because profit is not cash. There are dozens of places where your Balance Sheet is connected to your P&L. This post covers the top five.
Read MoreWe know all too well the heavy load debt can be in our lives. Debt is probably one of the biggest burdens in our consumer society, and one heck of a monster that puts a leash on your best efforts to gain wealth and keep it.
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