I’ve been thinking a lot about values lately—partly because of current events, and partly because I’ve been helping clients create job descriptions. In the job descriptions I prepare, I always…
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Every business owner has probably read countless articles about working “on”, not “in”, your business. And every business owner has struggled at some point to find the right balance between…
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In a recent conversation with a fellow consultant (Cathy Bamji of https://www.liferoading.com/), Cathy used a phrase that stuck with me: turning data into information. It’s surprisingly easy for businesses to…
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Running a business through the COVID-19 pandemic has created a tough time for a lot of businesses. From dealing with the shutdown, to having a work space filled with barking…
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Have you ever thought to yourself, “Why can’t this potential customer see the value of what I’m offering?!” It’s only natural to feel that way. Unfortunately, the hard-to-hear truth is…
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In our last post, we reviewed the three parts of a balance sheet: assets, liabilities, and equity. That is a little dry, so let’s take a look at a real…
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Most business owners understand the idea that their Profit & Loss report (also known as an Income Statement) shows the revenue that flows into the business and the expenditures the…
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Every business on the planet needs to manage its money. Whether you’re a solopreneur or have 100,000 employees, good money management is a basic need. Yet there is little practical…
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The Thanksgiving/Christmas/New Year’s holidays are approaching and that often means the small businesses will operate on a skeleton crew. For many businesses, the holiday season is a slow time, so…
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Most small business owners aren’t quite sure what a chart of accounts is…let alone loving theirs! But your chart of accounts helps you not only understand what’s going on financially…
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