The world of business faced considerable challenges last year, and it's forced us to reevaluate the nature of work in numerous ways. That being said, there are principles of business that have remained true before COVID and that hold now, and one of them is the #1...
It's no secret that customers are the lifeblood of every business, so wouldn't it be in your best interests to know what's important to them? Knowing the specific things that are important to your customers is key to running a successful business, but you'd be shocked...
It’s extremely common for new business owners to focus too much on increasing sales during their first year of operation, thinking that this will automatically solve all of their problems. While this may sound reasonable on paper, this way of thinking is actually...
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...