Money Strategies

When Should I Take A Profit?

I don't care if your business makes a few dollars or a few million (or more). The foundation of every business, of every type, of every size is financial health....

Helpful Money Metrics to Help Monitor The Health of Your Company

When most people want to know how they’re doing financially, they look at their bank balance and see what’s there.  Bank balance accounting – although wildly popular – is a...

The Inevitable Entrepreneurial Question: How Much You Should Pay Yourself?

Every entrepreneur stumbles sooner or later with the question of what they should be paying themselves. It is a fair question and one that you shouldn’t ask without doing a...

Your Long Term Business Strategy According To Vilfredo Pareto

Okay, here’s your history lesson for today … with a practical application to your business, of course!  In 1906, an Italian economist made what seems like a simple observation, but...

Grow Your Business Faster By Paying Yourself

When I’m consulting with clients looking to invigorate and grow their businesses, one question I often ask is: “Who’s your most valuable employee?”  They inevitably give me the wrong answer....

Get Paid 5 Times Faster In 5 Ways

Whether you bill weekly, monthly, or as needed, most of us work on 30-day terms.  When you look at your receivables, though, and add in the collection period, those terms...

7 Steps To Get Your Company Acquired For Big Bucks

I’ve sold two companies, and the sales were vastly different experiences, with wildly different results.  When I was approached about the sale of my first company, I wasn’t looking to...

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...

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