The Guilt Around Paying Yourself
Owner pay has been the hardest guilt trip for me to overcome. When my first company was making about $200,000 a year, I was working 80 hours a week to bring in that r...
Tax season should never be the moment your cash flow falls apart. Yet for so many business owners, it becomes the season where savings disappear, credit cards get used, and financial stress takes over...
5 Things That Are Probably Stopping You From Hiring An Employee
Hiring an employee sounds exciting until it becomes reality. It is easy to tell yourself that bringing someone into your team will solv...
Underpricing does not just affect your profit margins. It affects how you feel about your work, how you show up in your relationships, and how you see yourself as a leader. At first, underpricing can ...
Why I Love Me An Organizational Chart
There are very few business tools that have impacted my decision-making more than an organizational chart. Most people think of organizational charts as a simple...
There is a special kind of heartbreak that comes from seeing big numbers in your sales while your bank account still feels empty. You celebrate a record month, a huge contract, or your best quarter ye...
Negative cash flow is not a sign of failure. It is actually a normal part of operating your business. Think of it like the ocean and the ebb and flow of the tide. The same is true for your business in...
Let's say the annual salaries for the organization total $192,400.
Executive Assistant Salary: $31,200
Account Manager Salary: $61,200
CEO Salary: $100,000
Total Salaries: $192,400
Then we add in...
There is something deeply calming about knowing that money is coming in before you even start your day. Not because you hustled harder yesterday. Not because you chased another sale. When you rely onl...
If someone earns $61,200 per year, it is easy to assume that the cost of having them on the team is $61,200. But after adding payroll taxes, workers’ compensation, equipment, software, uniforms, overh...
“Procrastination makes easy things hard and hard things harder.” Mason Cooley said it perfectly, and bookkeeping is one of the clearest places where this shows up in business ownership. Procrastinatio...
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If someone is hired at $50,000 per year, many owners immediately begin calculating whether the business can support an additional $50,000 in payroll. Unfortunately, payroll is only one piece of the...
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