Do You Know What Metrics You Should Be Tracking?
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Do You Know What Metrics You Should Be Tracking?

Coming up on mid-year, you might be reflecting on the first half and are either looking to course correct or finish strong. What are you going to start doing, stop doing, and keep doing?   One of the ways to determine this is to look at the key metrics of your business and see if you’re…

Your Most Googled Financial Questions Answered: Taxes, Credits, & Deductions
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Your Most Googled Financial Questions Answered: Taxes, Credits, & Deductions

Wrapping up our series on your most googled financial questions, we saved a big one for last: taxes. A word that strikes fear in the hearts and minds of many business owners. But, it doesn’t have to.  Every business owner has a big dream for their business and wants to make it happen. However, many…

Your Most Googled Financial Questions Answered: Should I Rent or Own My Company Building?
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Your Most Googled Financial Questions Answered: Should I Rent or Own My Company Building?

As a business owner, have you ever thought about whether you should own or rent your company building? It’s likely you have since it’s one of the top most-Googled financial questions in the U.S.  Every business has a big dream for their business and wants to make it happen. But, along the way many business…

Your Most Googled Financial Questions Answered: Insurance & Estate Planning
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Your Most Googled Financial Questions Answered: Insurance & Estate Planning

These days, when we don’t know the answer to a question, we often quickly turn to the internet. When someone raises a question in a group, it’s not uncommon to hear, “Let’s Google it.” We’re launching a series of your most-Googled financial questions, answered. Up first: insurance and estate planning. Most people are familiar with…

Why Accountability is Vital to Your Company and How to Implement It
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Why Accountability is Vital to Your Company and How to Implement It

One of the topics I talk about most with business owners is accountability. Each situation is different, but rarely do I have a client that doesn’t struggle with accountability at some point over the course of owning their business. One client right now has run a very successful company for over 48 years. But when…

4 Ways to Increase Profitability
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4 Ways to Increase Profitability

Business owners dream of growing their business and making it the best it can be, but oftentimes they struggle to follow a unified strategy to get there. They’re unsure which areas to focus on to have the biggest impact and are left confused and frustrated.  Profitability, not profit, is a key ingredient to a successful…

Interpreting the Language of Accounting
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Interpreting the Language of Accounting

For my wife’s and my 25th wedding anniversary, our family went to France. Paris, Provence, Chamonix and on the way back to Paris to catch our flight home, we went to the cathedral in Reims. The one with the Chagall stained glass and where Joan of Arc was to be crowned by King Charles in 1429…

What Would Rockefeller Do?
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What Would Rockefeller Do?

Every business owner has a big vision for their company and wants to make it happen. However, most don’t follow a unified strategy to get there. Leaders often have trouble pulling the trigger on spending money on people or new strategies because they don’t understand what their numbers are telling them.     Many business owners haven’t…

Accounting is the Language of Business
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Accounting is the Language of Business

“Accounting is the language of business, and you must learn it like a language…To be successful at business, you have to understand the underlying financial values of the business.”  –Warren Buffett  Time after time in my banking career I met with thousands of business owners who were looking for loans. Frequently, it became apparent that they had…

3 Tips to Nail Your Loan Request Meeting with Your Bank
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3 Tips to Nail Your Loan Request Meeting with Your Bank

Growth always requires cash. Whether a business is expanding into new markets, growing their current offerings, or being bought out by current employees or a strategic buyer, funds are always required.  Sometimes a company may have the cash on hand to cover these plans and goals, but more often, financing is needed. But approaching a…

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