Use Our SCARED Method to Break the Cycle of Financial Fear.
When you think about bookkeeping, does it give you an instant headache? It's not just you. Numerous entrepreneurs do not like managing their business's finances, many put it off for years! Instead of being afraid of your finances, use our SCARED method to break the...
Emotion Driven Decisions Versus Data-Driven Decisions
Money can be a very emotional topic for many people, whether it's from childhood, a previous business, a previous employer, how you came into business, or because you feel like you need to make more. Most of us have some type of complex when it comes to money, and it...
The Numbers Entrepreneurs Should Know
What is Profit? What is profit? Profit is gross sales, the sales that are coming into your business minus any costs of goods. For example, if you're selling any type of inventory, the supplies for your product, your contractors, your wages, subscriptions, advertising,...
The Difference between a CPA and Bookkeeper
Like any niche, money management has its own list of terms. Two of the terms you probably hear often are CPA and bookkeeper. Often they are used interchangeably but they are two different people that do two very different things! What’s the difference? A CPA...
2nd Round of the Paycheck Protection Program (PPP)
Have you heard? To start the new year another round of stimulus was signed into law, including $285 billion in new funds for the Paycheck Protection Program (PPP). The PPP is a part of the CARES ACT and is funded under the Small Business Administration (SBA). Its...
Wondering if you should be focusing on making a profit or growing your business?
Wondering if you should be focusing on making a profit or growing your business? You aren’t alone! It’s a balancing act because as business owners we want to see not only profit but also growth in our company! First of all, remember there are so many experts out...
What You Need to Know About Your 2020 Taxes
"Today, it takes more brains and effort to make out the income-tax form than it does to make the income." -Alfred E. Neuman 2020 has made our tax returns more complicated Of course like all other things 2020 has given us it will also make our tax returns more...
Communicating with Your Bookkeeper
As a business owner, you know how important clear communication is. Whether you are using a bookkeeper to help with your monthly reports or one simply to file your business taxes it’s important to understand their process and most importantly YOUR financial...
What are the 3 Metrics that Help You Run your Business?
These KPIs (Key Performance Indicators): Gross profit as a % of sales Revenue Growth Rate Inventory Turnover Accounts Payable turnover Should be evaluated and compared monthly. How? The best way to do this is through a weekly dashboard. We provide this...
5 Days to Transform Your Financial Fear to Financial Clarity
Discover the strategic framework that entrepreneurs like you are using to discover their biggest issues in their business. The 5-day financial boot camp has a really simple goal. We are going to evaluate what’s going right and what’s going wrong in your business. Why...