How Systems Help You Reach Full Potential
May is here already, can you believe that? Once this month is over, 2021 will be half gone! We have certainly come a long way from the beginning of 2020. It’s amazing to have seen the progress since the start of the Pandemic.
Businesses had to adapt in completely new ways between then and now…
Let’s Talk About Profitability
Let’s talk about Profitability. After all, this is one of the most important factors that can indicate how your business is growing! Profitability is usually defined as a business’s yielding profit or financial gain. Your business’s profitability is extremely important, yet can tend to be put on the back burner through the craziness of running a business – this is a huge No-No!…
April Showers Brings Financial Review!
It’s time to take a breath of fresh air - Spring has begun, and March has finally turned the corner. We love this part of the year even more because it means tax season is over! Doing annual taxes may be tedious for us all, but the bonus is it allows you to fine-comb...
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...