Resources

  • A Tale of Two Mindsets: Why Documented Processes Matter
    Every business owner wants to have the business of their dreams with lots of cash flow and profitability. However, not every business owner knows what levers to pull in their business to make that happen. Many will say, “I’m not good at managing finances” or “I might fail at managing the finances of my business,…
  • A Tale of Two Mindsets: Are Your Employees a Cost or an Investment?
    Every business owner has a big dream for their business and wants to make it happen. The problem is, many business owners may not understand what levers to pull in their business to improve overall profitability. As a business owner or CEO, there are hundreds of decisions (big and small) to be made every day…
  • A Tale of Two Mindsets
    Have you ever stopped and examined your mindset as a business owner and leader?   Your mindset impacts all aspects of your company—how you view situations and people and how you approach challenges and opportunities. It is much more nuanced than simply having a positive or negative mindset.  Check out these two business owners with dramatically…
  • Have You Checked Your Blind Spots Recently?
    We’ve all had the experience of driving down the road and trying to change lanes, only to realize just in time that there was a car in your blind spot. Or maybe you didn’t realize in time and the day ended much more disastrous than expected. Keeping an eye on our blind spots and checking for things we…
  • Where’s the Cash?
    Worry about cash flow is one of the top issues that keeps business owners up at night. Cash flow is like oxygen to a business and without it, the business won’t survive.   Several years back, I had a client ask me, “If I’ve made $500,000 in profit, why isn’t it in the bank account?” A very good…
  • 3 Quick Tips for Perfecting Your 2022 Projections
    Whether you’ve finished your 2022 projections or not, here are 3 tips you need to know to put the finishing touches on your forecast for next year: 1. Look for tendencies in your forecasting to gain insights on things you can do to improve next year. Did you overestimate revenue and profits? Maybe you were…
  • Everything You Need to Know About Business Formation and Tax Implications
    When I started my company in April 2009, I didn’t know much about business formation or the tax implications. Thank goodness I had a good friend and CPA who sat me down and told me everything I needed to know. If you’re starting a business, a CPA you know and trust is one person that should…
  • 3 Things You Need to Know to Potentially Lower Your Tax Liability
    I have several clients that either work in or support the construction industry. This is one industry that has taken off post-Covid and there doesn’t seem to be any slowdown in sight. More revenue means more taxes and several of these clients are looking at their taxable income and how they might be able to…
  • The Devil is in the Details…of Accounting
    As a business owner, we sometimes don’t know what we should be paying attention to in our financials. It becomes even more frustrating when our accounting is not tracked properly and we’re not sure whether the decisions we’re making are helping or hurting.   One of the biggest weaknesses in a growing business is accounting. Accounting is…