One of the fastest, most overlooked ways to break through a money plateau, is to adjust your pricing. It may sound obvious; but for many,...

Monitor your books yourself. This is an obvious practice, but a very important one. Do your best to set aside time each day or month to...

Have a good billing strategy. Every business owner has a client that is consistently late on its invoices and payments. Managing small...

Answer: There are only three types of financing available to a small business owner: debt financing, equity financing, or a combination...

Short answer: NO. Struggling business owners will spend time to save money, whereas successful business owners will spend money to save...

Let me begin with one clear point: you should pay yourself from day 1 of your business. Before you write me off as silly, let me say...

I hear this question from clients a lot at the beginning of the year. Everyone wants to grow their business and find the fastest way to...

Question # 15: What is "margin" and why should I care? 1. You’ll be able to pinpoint areas where your business is struggling By running...

Did you know that if you Increase sales by 17%, you can double your profit? Yep. If increasing sales is one of your business’s goals for...

(this is a post from a respected writer - see below). Use This Formula to Calculate a Breakeven Point (for a product based business)...

To get a 25% increase in your Net Profit you simply need to make a: ● 1% reduction in your fixed expenses ● 1% reduction from...

At the end of a year, we tend to ask ourselves questions about the goals we wish to achieve in the coming year. I support spending a day...

The answer is simple: when you have the time, money, role and onboarding process carefully detailed. It's simple, but not necessarily...

Wrong? Sometimes. Ill advised. Yes. From our friends at the IRS: Question I'm a sole proprietor and pay personal expenses out of my...

There is 1 key component to cash flow: money coming in must be greater than money going out. At all times - not just at the end of the...

CFO Rule of Thumb: 80% of your profits should be coming from 20% of your services. Short and sweet. If you need help figuring out how...

Rule of Thumb: Every dollar spent on growth must produce 5 dollars in revenue. It's called the 5X rule. Successful, growing businesses...

Short answer: HELL YES! One of the most important things you can do as a small business owner is to separate your business from your...

The Balance Sheet is the true scorekeeper of your business. Photo by Rachel Claire from Pexels One of the most dangerous health...

You may assume that you "should" make a profit. But have you asked yourself why? Let me be clear: YOU MUST MAKE A PROFIT Because profit...