Part 3 – Financial Reporting: You Can’t Make Good Decisions with Bad Data
Last time we looked at nine warning signs that your business might need a transformation or major tune-up. This time we’ll talk about how to get started,
Last time we looked at nine warning signs that your business might need a transformation or major tune-up. This time we’ll talk about how to get started,
I’m going to let you in on a secret: The best businesses—those that really boost the wealth and happiness of the business owner—are not built
We’ve written a lot about automating accounting and other core areas of business. That’s great for a financial analysis. But the best way to understand and
CASH CYCLE: (BALANCE SHEET) The Cash Cycle is a snapshot of cash and cash equivalents all through your business. It will help you understand where
“Eventually, every business owner will leave their business… either sitting down at the deal table, or feet first on a stretcher.” That’s one of my
If you’re done celebrating the turn of the calendar, then its time to thing about the 2017 tax deadlines. Below is a quick calendar of the
In the wake of the Equifax data theft, Yahoo’s revelation about losing 1 billion customer records, and news about data theft sponsored by the
Owning a business exposes you to all kinds of risks — and when things don’t go right, those risks can turn into a lawsuit. Even
Every business owner doing succession planning should know these two sobering statistics: First the good news; 97% of professionally drafted succession documents pass wealth to
Google is famous for its free and low-cost business tools, including Apps, Maps and Search. But if those are the only Google tools in your
Paying with paper money may be going out of style, but accepting it as payment is still a necessary evil… and a real danger for
In my career as an , I’ve often fooled myself about what’s important and how to build my business. I’d go to work each day focused
You may have heard the term PCI compliance while researching how to accept customer credit and debit cards as a form of payment, but if
Contractors around the country are worried. Regulatory changes to the Fair Labor Standards Act (FLSA) start in December, and contractors want to know if they will
Quick! Do you know the cost of sales at your company? If you make sales by phone, maybe you think, “phone calls are free”. Well,
Last time we defined business transformation and its role in a thriving business. How can you know when your business might need a transformation or
What comes to mind when you hear the term business transformation? Is it the tiny start-up that launches with one concept, finds no market so
There are hundreds of ways to look our business – we can spend hours staring at financial statements and ratios. But financial statements alone won’t
Time and again I hear of entrepreneurs complaining about a lack of accurate books – but in the same breath say that they have been
We’re in a time when empowerment means do-it-yourself. Spend a few hours on YouTube and you’ll find a myriad of crafts you can learn, from
It’s a shame, really that we have to interrupt our joyous year-end holidays with gut-wrenching year-end tax planning… So to minimize the pain, I’ve put
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