by | Jan 25, 2017 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Client Question of the Week, Cost Cutting, Income Taxes, Small Business Owners
After all this time it still amazes me that business owners don’t understand the importance of having good records. As often as I have run into it over the last 30+ years, it shouldn’t anymore. They usually hire a bookkeeper and a CPA to do their taxes and then forget...
by | Dec 27, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
More and more business owners are telling me this. They are continuously complaining about working harder for less and just not having fun anymore. And more than a few are looking at killing their business and getting a 9-5 job where they don’t have to deal with all...
by | Dec 26, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
Documenting your systems is incredibly important, and surprisingly simple to do once you have a system in place. Let me show you an outline of the system I am recommending for documenting your systems. Write down the purpose of this task. Describe what a...
by | Dec 23, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
A question I frequently receive is, “When should I consider outsourcing?” To this I give them a three-part test: If the task occurs one time – outsource it! Examples of this are setting up a computer network, establishing a website, and installing an accounting...
by | Dec 22, 2016 | Business Profit & Cash Flow Tips, Sales & Marketing, Small Business Owners
No, but the rules have changed! Since 2007 small businesses have been failing at a record level. Small business owners feel more and more that the odds are stacked against them. Add to this the increased regulations that are making it harder and harder to start a...
by | Dec 16, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners
If you want to expand, you will need to multiply yourself. This will require you to have employees and then delegate work to them. This is one area that very few business owners do effectively. They try, but they soon give up because their employees make...
