Several years ago, I was listening to a podcast that discussed people’s personal buying habits and how many dollars are frittered away daily that could be used for other purchases. I decided, then and there, that every time I would forego buying a ready-made coffee at the specialty store, that I would, instead, transfer the […]
Layman’s version of break-even point for busy business owners (with upside down math!)
“How much do I have to sell for my business to survive?”How much do I have to sell to pay my loans off? How much do I have to sell to stay in business? What happens if I change my sales from item A to item B? What if I charge more for item A? […]
Why do we need records ?
There are several primary reasons that we even keep records of our financial transactions. The one that everyone thinks of first — is records for federal and state income tax records. And, this is truly an important reason for your records. You will want to have records showing your income and expenses so that your […]
It’s Not the How, it’s the WHY!
I posted pics of a little rescue mare I rode on Saturday in my FB Group, and in the passing comments, I mentioned that I lost 50 pounds so that I could ride her. Someone asked “how” which got me pondering…it’s actually not the “how;” it’s the “why!” Why did I lose the weight? Because […]
Are these myths holding back your business growth?
These myths may be crippling your business because they prevent you from knowing your “true numbers.” Numbers like: What are your most profitable products? Who’s your most productive employee? How much is your business worth? BASICALLY, are you making any money!? Yes…this is a common question from my new clients. Accounting Myth #1:“A bookkeeper handles my […]