by | Jun 9, 2016 | Business Profit & Cash Flow Tips, Cash Flow, Small Business Owners, Small Business Success Series
The myth most business owners believe: If you know your business, budgets are only needed by the bank when you are applying for a loan. The truth successful business owners learn the hard way: Running a successful business requires attention to a huge...
by | Jun 7, 2016 | Accounting & Bookkeeping, Small Business Owners
For too many business owners, having good accounting records is a problem year after year. Failing to have good records results in business owners losing money! They fail to collect their billings, pay too much to their vendors, and often overpay their...
by | Jun 3, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series, Social Media Marketing
As Dan Kennedy says: The number one thing successful companies do is that they implement their ideas! To implement means to put a decision, plan, strategy, etc. into effect. That means there is action tied to a strategic purpose, and there is...
by | Jun 2, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Sales & Marketing, Small Business Owners, Small Business Success Series
If you don’t have financial controls in place, it’s not a question of whether people will steal from you, but when. The best way to ensure that your company won’t suffer from property or financial loss is to be savvy. As the old adage says, an ounce of...
by | Jun 1, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series
I started my own business in 1991 and believe me, I would never work for someone else again. I love being able to create the business of my vision and not being dependent on anything but my own hard work and creativity. But there are many things about...
by | May 31, 2016 | Business Profit & Cash Flow Tips, Small Business Owners
I’m often asked: what is the best way to finance a new business venture. This question is usually followed by "So, do you ever invest in new business ventures?" The answers, respectively, are: 1. there is no "best" way to fund a new...