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Tag Archives: financial management

7 bookkeeping mistakes to avoid

7 Bookkeeping Mistakes to Avoid

Financial ManagementBy Sherrell T MartinSeptember 9, 2025Leave a comment

I’m sharing the seven most common bookkeeping mistakes I see in small businesses and agencies, why they matter, and exactly how to avoid them. Whether you’re building a seven-figure agency, running a side business, or just getting started as a bookkeeper, there are seven common bookkeeping mistakes I see small businesses and agencies make.  Here’s…

Money Mindsets Keeping You Broke

Money Mindsets That Are Keeping You Broke

Cash FlowBy Sherrell T MartinJuly 25, 2025Leave a comment

Generating revenue but still feeling broke? You’re not alone. Many business owners experience the frustration of seeing sales and invoices come in, yet when payroll is due, their bank accounts don’t reflect the success they believe they have. It’s a common story: the business looks healthy on the surface, but internally, it’s leaking money. This…

Woman with braids and laptop

4 Ways to Cut Costs in a Small Business

Cash Flow, Financial ManagementBy Sherrell T MartinOctober 7, 2024Leave a comment

As we enter budget season, it’s time to take a hard look at our expenses and find ways to increase profitability without raising prices. Let’s explore a four-step process that can help you identify and eliminate unnecessary costs from your business. Understanding the Importance of a Cost Audit Before we dive into the steps, let’s…

4 Questions Busy Interior Designers Must Answer to Create Wealth

Financial Management, ProfitabilityBy Sherrell T MartinSeptember 9, 2022Leave a comment

Creative thinkers like you can’t help it! You love that zone – the ideas are flowing, the images are popping, and the phrase, “let’s try this” is on repeat. Satisfaction feels new… every time you say, “That’s it – let’s go with these!” Because you’re taking such good care of your clients, your business is…

How To Run Financial Reports in Xero

Cloud Accounting, Software Solutions, XeroBy Sherrell T MartinAugust 2, 2016Leave a comment

About a month ago, I did a #techtalktuesday tip on how to run financial reports in QBO. Well this week I am going to share a video on how to run financial reports in Xero. As I mentioned before, one of the questions I get most often asked is “can you send me the most…

Financial Strategy – The Fourth Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 22, 20161 Comment

Today we are going to talk about the last pillar – Financial Strategy which focuses on analytics, pricing and strategies to grow your business.  See most people think that you can just put up a shingle and poof business will come.  But it’s just not that simple.  So if you think that’s the way it’s going to…

Financial Systems and Solutions – The Third Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 15, 2016Leave a comment

  This is the third week now that we are talking about the 4 Financial Pillars of Success™. These pillars are what I believe are the foundation for your businesses financial success. We have talked about pillar one which was Financial Record Keeping and pillar two was Financial Management. This week we are talking about…

Financial Management – The Second Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 8, 2016Leave a comment

Last week I introduced you to my 4 Financial Pillars of Success™. If you recall these pillars are what I believe are the foundation for your businesses financial success. Last week we talked about pillar one which was Financial Record Keeping. Today we are going to discuss pillar two which is Financial Management .  This pillar…

Financial Record Keeping – The First Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 1, 2016Leave a comment

We all agree that every strong structure needs a solid foundation to prevent it from crumbling to pieces. This foundation is the basis or shall I say is necessary in order for a structure to withstand the earthly elements and be around for awhile. Well it’s the same in business. Your business needs to have…

4 Ways to Cut Costs and Increase Your Bottom Line

Budgeting, Financial Management, ProfitabilityBy Sherrell T MartinJune 28, 2016Leave a comment

How many times have you looked at your bottom line and you were shocked and amazed? You thought to yourself “where did the money go?” Well trust me when I tell you, you are not alone. Every year millions of businesses, large and small, have this happen to them. How do you prevent it you…

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