Here’s Exactly How To Transfer Your Income Every Two Weeks
For most business owners, it feels easier to use one bank account. Money comes in, bills get paid, payroll gets processed, and whatever is l...
7 Steps to Calculate Your Average Monthly Burn Rate
Your business could stop making money today or a client could be very late on paying their invoices. How much would you need every month to stay op...
Here’s Exactly the Process Every Small Business Owner Needs to Know About Tax Liability
Tax liability can feel unnecessarily complicated when you own a business. You have federal taxes, state taxes, ...
One checking account forces every dollar to compete for the same space. Payroll sits next to tax money. Your emergency fund sits next to your marketing budget. Profit gets mixed in with operating cash...
Paying yourself as an owner is one of the most emotionally charged parts of owning a business. For some reason, we have an easier time writing a payroll check to an employee, approving a software subs...
Most business owners start with a sales goal:
"I want to hit $500,000 this year."
"I want to become a million-dollar business."
"I'd love to double my revenue."
This is how we all learned about f...
If you've ever looked at another business owner's prices and wondered, "How can they charge that much?" you're not alone.
Pricing is one of the hardest parts of running a business because most entre...
Hiring your first employee, or even your tenth, should never begin with a job posting.
Before you hire anyone, calculate the true cost of bringing that person onto your team. When you know the numbe...
Taxes are one of the biggest sources of stress for small business owners. It adds stress, fear, fines, penalties, sometimes hours on the phone with the IRS on top of everything else we are doing as a...
Starting a bookkeeping business does not require a massive investment (I invested $9k into My CFO and paid my loan back in full within a year), a full team (I hired employees within months of launchin...
When I first started my business, everything flowed through one checking account.
Client payments came in. Bills went out. Taxes sat in the same account as payroll and every time I opened my banki...
There is this idea floating around that starting an accounting firm requires everything to be perfectly in place before you begin. The right systems. The perfect niche. A polished brand. A full suite ...
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