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Category Archives: Business Success

Which business structure should I be?

Business SuccessBy Sherrell T MartinMay 14, 2016Leave a comment

One of the most asked questions I get is “should i set up my business as a Limited Liability Company (LLC) or an S-Corporation (S-Corp for short). And the short answer is – it depends. Depending on who you ask, an attorney or an accountant, you will get different opinions. So let me equip you…

Top 10 Things You Need To Do To Prepare Your Business For 2016

Business SuccessBy Sherrell T MartinDecember 21, 2015Leave a comment

I can’t believe it’s almost 2016.  I mean it seems like just yesterday we were enjoying summer and the day before that we were ringing in 2015.  Time flies and waits for no one. And as a business owner it seems like it flies by even faster. But what we can’t do is let it…

Playing The Business Growth Game

Business SuccessBy Sherrell T MartinJuly 13, 2015Leave a comment

  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…

Solo-Preneur or Small Business Owner – Which one are you?

Business Success, MindsetBy Sherrell T MartinApril 21, 2015Leave a comment

This is a question that gets asked often. And it surprises me how many business owners consider themselves solo-preneurs, even with revenues well over $0.5m and even as high as $1m. So first let’s define each one. A solo-prenuer is someone who work for themselves and pretty much by themselves.  They are the Chief Everything…

Is Your Money SMART?

Budgeting, Business Success, Finance SuccessBy Sherrell T MartinFebruary 25, 2015Leave a comment

Everyday we wake up and go to the office to earn a paycheck. Whether it’s a paycheck as an employee or a paycheck as the owner of our own company. Our goal is to make income/money so that we can support our families. And maybe even a little entertainment as well. All work and no…

Legal Lessons Learned That Can Blow Your Bottom Line

Business SuccessBy Sherrell T MartinFebruary 17, 2015Leave a comment

During the past year some of my clients along with myself have experienced some legal woes that have had major effects on our bottom-line. These lessons range from small to large. The bottom line is as a business owner you have to be sure that you protect yourself. You have to be sure that you put…

5 Quick Tips To Prevent Year-End Payroll Drama

Business Success, PayrollBy Sherrell T MartinJanuary 8, 2015Leave a comment

Well it’s that time of year again – Tax Time! And the very first filings that have to be done are the quarterly returns for the last quarter of last year.  You also need to prepare and distribute W-2s and 1099s.  Before you start preparing these forms you need to get a few ducks in…

What I Learned About Starting My Business

Business Success, My ThoughtsBy Sherrell T MartinDecember 27, 2014Leave a comment

Starting a business is no easy task.  Regardless of what anyone tells you or shows you, don’t believe the hype.  Regardless of what you see on social media, don’t believe the hype. See I knew better than to believe the hype but I did anyway.  I tried to mimic and do what I saw others…

Why is bookkeeping so undervalued?

Business Success, Finance SuccessBy Sherrell T MartinJuly 30, 2014Leave a comment

Accounting is the recording of financial business transactions in a systematic way.  It encompasses the process of summarizing, analyzing, and reporting these transactions in a comprehensive way.  It is one of the most important jobs or tasks of a business.  This act of organizing financial data can tell you all sorts of things about your…

5 Lies That Keep Your Business Broke

Business Success, Cash Flow, Finance Success, My ThoughtsBy Sherrell T MartinJuly 23, 2014Leave a comment

Operating a business requires continuous cash inflow and outflow.  And I’m not necessarily talking about no small potatoes.  Sometimes there are some big ticket items weighing us down and we harbor them and hold them close and then implement other processes that end up hurting us in the long run. These processes are not written…

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