Running a business mean you are constantly running around doing everything in your business. That’s what CEO stands for – Chief Everything Officer. In order to manage it all you need to have a workflow within every department; not just your operations. That is where many business owners fail. They create processes around their main…
One of the main challenges service based business owners have is determining their profitability on a client by client basis. Especially when some of their costs needs to be spread over all of their clients. It’s a calculation the average bear won’t know or understand how to calculate. But it is a necessity, if…
If you have never heard me say it before you will hear it now. I LOVE TECHNOLOGY! I absolutely do. So when I discovered that I could use other software apps to help run my business and create efficiency too, I wanted to implement them all. But there are so many. I couldn’t implement them…
Managing cash flow is no easy task. Especially when you are trying to run a growing business. There are so many things to think about, such as managing staff and running the operations. And not to mention the ongoing business development. So how do you keep your cash flow tight and in the black? Well…
Maintaining a profitable business is no easy task. At least that’s what many business owners think. Often it is assumed that profitability is some pie in the sky that is hard to reach unless you have a big business. Well I am here to tell you that that’s false evidence appearing real. Yep FEAR! Fear…
I am sure by now you have heard time and time again that it takes hard work and consistency to grow your business. So what do you do when you finally get that client or contract or project that will catapult your business into a new stratosphere? A project that is so big that…
Growing a business takes a lot of hard work. As much as we all would love to have an idea, put it out into the world and poof we’re a success, it just doesn’t work that way. Success doesn’t come over night, despite how easy other business owners make it look. The main thing…
One of the most often asked questions I get is “what is the difference between cash and accrual.” Most small business owners DO NOT understand the difference – even after I explain it. It is one of the most confusing topics amongst them. So let me see if I can help a little bit.…
Every day more and more business owners are converting to the cloud. Working in the cloud allows your business to be able to access your data anywhere and anytime, have mobile access and you don’t have to worry about maintenance and upkeep for your software. As a provider of cloud based solutions, we have a…
It continues to amaze me how many businesses don’t want to create a budget. They would rather operate their business blindly than to create a profitable plan so they can prosper in the upcoming year. Not having a budget can cost you a lot of time and money. Unnecessary time and money. So I am…
