Avoidance is what makes taxes and finances feel heavy, not the numbers themselves. You probably avoid bookkeeping because it feels boring, unnecessary, or “too much” for what you believe is just a sma...
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...
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...
The cost of labor for your company: $235,078
Your desired profit: $117,539
Your total to cover labor costs: $352,617
Payroll is your biggest expense and your biggest investment. It is also the hard...
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...
“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...
“82% of businesses fail due to cash flow problems,” according to Jessie Hagen of U.S. Bank, cited by SCORE, Counselors to America’s Small Business. The American Psychological Association reports that ...
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