In the early days of starting a business, it can feel like there are an infinite number of tasks, hurdles, and objectives to tackle. However, the sooner you can identify which stage your business is in, the sooner you can tackle the most pressing issues head-on. In any new venture, there are three distinct stages … Read more
In this episode, we talk about what value means to your small business. Value is the total worth of a product or service. Value is determined by the benefits that a customer derives from it. But what does this mean for you? For your small business? Value is fair return on Goods or Services. Relative … Read more
“I don’t know” is a phrase that few people will admit to saying. This can be due to fear, embarrassment, or the fear of not being able to answer a question. However, this phrase should not be taken negatively. In fact, it should be seen as liberating, as it is a way to cut through the clutter when you do not have an answer a gateway to learning what needs to be done for your business.
The March 15th deadline is approaching and businesses are paying attention to LAST YEARS financial results. In the episode, we discuss how Client Accounting Services (CAS) are essential for business owners to achieve their goals in the current year.
Entrepreneurs believe in sacrifice. They sacrifice for clients, employees, and vendors and willing to overcome anything that might stand in the way of dreams. The sacrifice mentality affects owners and their families because they do not consistently compensate themselves. With all the effort and perseverance needed to run a small business, a business owner must be able to maintain their livelihood and support their family’s needs, or eventually, the business will fold.
COVID-19 has created an unusual time for business owners, something we have never seen before. The Federal government has issued a program entitled PPP (Paychek Protection Plan) that provides funds for businesses to maintain their payroll.