As a CPA, I often get asked about the state of the economy—more specifically, I’m asked about what’s going to happen in the future. The honest truth is that I don’t know. In fact, nobody knows. There’s no way to predict what’s going to happen in the future, especially...
If you already know the ins and outs of activity-based costing, then congratulations—you’re already in the upper echelon of businesses everywhere, and you likely have a serious edge over your competition. If you’re not familiar with activity-based costing, keep on...
This week, I want to focus on two words that every business owner should know: recurring revenue. Having an understanding of recurring revenue is guaranteed to improve your business, reduce your stress, and increase your profits. As an extremely busy and unusually...
As a business owner, you’re constantly looking for the best possible ways to boost your profits and maximize your bottom line. Some of the best experts in the world will give you innumerable ways to make this happen, and many of them are valid, but there’s one that...
As a business owner, you face new problems every day. When you come into the office Monday morning, there are calls, emails, customers, patients, and a myriad of other things to deal with. By the time it feels like you’re done catching up, you look at the clock, and...
Just 15 Minutes a Week Can Change Your Business for the Better! When you drive a car, where do you keep your attention? Naturally, your most important priority is keeping your eyes on the road, but you also have to keep track of a million different things. Tire...
In Today’s video, you’ll learn about the new PPP rules issued by the SBA that can greatly help sole proprietors, independent contractors, and self-employed. Before the SBA changes many small business owners who didn’t have payroll had to calculate on net income now...
Almost exactly a year ago, Congress passed the CARES Act to provide relief for Americans during the Coronavirus pandemic. This $2.2 Trillion stimulus package provided billions to state and local governments, a Paycheck Protection Program, direct payments to...
As a business owner, you may have seen the term “customer lifetime value,” but not know what it meant. If your search for an answer brought you here, you’re in the right place! As it happens, customer lifetime value is perhaps the most important number that every...
Did you know there’s a Restaurant Revitalization Fund, which is a fund available for restaurants, bars, and other eating establishments affected by the COVID-19 pandemic? It’s no secret that restaurants and bars have been hit the hardest by the pandemic. Statistics...