As a small business owner, I know that you have nights that you lay in bed thinking about how to increase the cash flow from your business or what your current bank account balance is. One of the most common questions I get is “How can I increase the profit from my business?”. The great […]
12 Rapid Fire Ways to Increase Profit in a Small Business Read More »
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 even the thought of reviewing an income statement. Small business owners generally don’t have an interest in accounting (only us weirdos do). Besides, most business owners know exactly where
The Business Owners Guide to Analyzing Your Small Business Income Statement Read More »
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 that accounting data can provide to small business marketing efforts can help save money and be more effective. I know there are a lot of jokes out there….mixing accounting
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 do that?” is usually my response. Many of these owners haven’t really thought through a solid plan to increase their revenue. The response is often a new marketing method
4 Ways to Drive Revenue Growth Read More »
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 AM class (on Friday’s no less). It is amazing how much in the world equates down to the simple concept of supply and demand. Business owners of all sorts
Accounting Insight and Business Transition Planning Read More »
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 the tough position of trying to attract these great people however needing to be creative in the offerings they have. The good news is perks and pay are not
Accounting + Employees: 4 Benefits to Offer Employees Without Breaking the Bank Read More »
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 small businesses are missing huge opportunities to learn about their customers from accounting, finance, and other data they have readily available. While small businesses certainly don’t have the amount
Big Ideas for Small Businesses: 3 Ways Small Businesses Can Use Big Data Read More »
