Money Strategies

Are You Losing Money on Payroll? – by TSheets

How to improve your business productivity and save thousands of dollars on payroll each year. If you have a business with 10 employees making $10/hour, you will overpay close to...

Need Working Capital? Check Out Online Loan Options – By Meredith Wood Of Fundera

If you own or run a small business, there is a large chance that at some point in your business’s lifetime, you are going to need capital to fuel growth....

Pop-up Retail: Are You A Good Fit?

We see it happen every Halloween and Christmas. Stores set up shop, let everyone know they are there, get lots of traffic and yet, before you know it, you can’t...

51 Ways to Reward Your Employees (No Money Required)

Sure, many companies feel strapped right now and may duck their head and run in the other direction at the mere mention of bonuses. But tough times don’t mean that...

4 Pricing Mistakes You Should Avoid When Negotiating

Life is one big, ongoing, negotiation. We negotiate about who’s going to drive, who’s going to pick up or fix dinner, who’s picking up the bar tab, and what we’re...

Cut Costs & Make Customers Smile

A while back, I received an email from two awesome entrepreneurs in Florida, Jorge and Jose from www.EcuDoctors.com. I have had the privilege to know these guys for a few...

What Gets Measured Gets Managed (Including The Bad Stuff)

My newest book, Profit First, shares a money management system that leverages human behavior. Traditional accounting is logic based. It makes sense, logically. But us humans aren’t logical beasts, we...

Consumers And Contributors

It’s a consumer economy.  If consumer confidence goes down and people buy less, the economy slips.  If consumer confidence improves and people buy more, the economy improves.  That’s what they...

The 5 Rules Of Successful Entrepreneurs

No matter what the gurus say, entrepreneurship is not for everyone. Being an entrepreneur is not “so easy anyone can do it” nor is it a ticket to “get rich...

Budgets And Stick To Them

Just because you have a budget and planned your financials, doesn’t mean you’ll stick with it. In fact, entrepreneurs rarely do. What I have found to be effective though, is...

Budgets And Stick To Them

Just because you have a budget and planned your financials, doesn’t mean you’ll stick with it. In fact, entrepreneurs rarely do.

What I have found to be effective though, is every time a deposit comes in, immediately transfer percentages of the money to different bank accounts used for the specific purposes you’re budgeted for.

And one thing you surely need to budget for first, is your profit. Profit first, always.