Profit

The 8 Worst Pieces Of Advice Business Owners Receive About Money

I know that advice is free and plentiful, but not all of it’s worth taking.  Particularly when it comes to finances, it’s best to take advice from people who’ve successfully...

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...

You First

The premise of my newest book, Profit First, is to take your profit prior to expense. Ahem - take your profit first. I am eternally grateful for the emails that...

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....

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...

Take Your Profit First, Always

The formula for profitability has been established for ages. Every business owner, CEO, freelancer and entrepreneur knows it. It is even supported - scratch that, required - by Generally Accepted...

Free Minus The R Is Fee

You know this... there is no free lunch. Inevitably there is some kind of expense. If it’s not your wallet, it’s your time. Another way to look at FREE is...

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