What is Your Profit Formula?
As a business owner, I know that profit can be somewhat a philosophical discussion. If you’re like some of the business owners I talk and work…
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The Business Owners Guide to Analyzing Your Small Business Income Statement
Small business owners hate reviewing their financial statements. A combination of it being a reality check and the general disdain for numbers give owners heartburn at…
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Big Ideas for Small Business – Budgeting for Profit
Tom and Alexis Leonard had dreams to be entrepreneurs. However, like most people, they were stuck at a point in life where they needed to live…
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Accounting + Marketing: 3 Ways Your Accounting Should be Supporting your Marketing Efforts
In my opinion, there may be no other area that small business owners are missing out then integrating their accounting and marketing. The wealth of information…
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4 Ways to Drive Revenue Growth
I talk with many business owners who tell me their goal is to increase their revenue by X% next year. “Great, how are you going to…
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Accounting Insight and Business Transition Planning
I always dread admitting that I should have paid more attention in economics class in college. Of course, it didn’t help that it was a 7:30…
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The Accountants Legacy
The internet is not short on many things and Warren Buffett quotes are one of them. There is one specific quote that Buffett said that accountants…
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Accounting + Employees: 4 Benefits to Offer Employees Without Breaking the Bank
Most small businesses I know are always trying to attract great people, but can’t necessarily offer the same “perks” as larger companies. This puts them in…
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Big Ideas for Small Business: 4 Examples of KPIs for Your Scorecards
Wouldn’t it be great if you could get a sheet of paper each week or month that tells you at a high level how the four…
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Big Ideas for Small Businesses: 3 Ways Small Businesses Can Use Big Data
Too many small business owners are losing out by not using some of the data they have readily available. I am always surprised at how many…
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Hey you, STOP OVERPAYING YOUR TAXES!
A recent study prepared by the Treasury Inspector General for Tax Administration (TIGTA), found that more than 2,000 small companies, either unaware of or confused by…
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3 Ways Small Business Owners Can Give Themselves a Raise
As businesses grow with time, bad habits begin to form. These bad habits take many forms…some will effect your customer service, some will effect your employees,…
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