Planning for the Next Year

Planning for the Next Year

The nicest thing about not planning is that failure always comes as a complete surprise and is not preceded by a period of worry and desperation. -Richard Palmer When I ask clients if they want our help preparing next year’s budget, there’s always a few responses that...
How are you doing, small business owner?

How are you doing, small business owner?

We’re long past the dark days of early COVID. But times are always uncertain and scary for some business owners somewhere. If that’s you today, the offer to be of service still stands. _____________________________ Life changed. For me it was last Thursday...
Cash Versus Accrual? You Need Both

Cash Versus Accrual? You Need Both

Barry, owner of an electrical contracting business, was frowning at the reports on his desk. His eyes narrowed as he looked up at me. “When we talked a week ago, you told me last month’s income was the best month of the year so far,” he said. “But when I run the...
Ready to Tame the Monster Under Your Bed?

Ready to Tame the Monster Under Your Bed?

Lauren glanced up from her paper-strewn desk. Her forehead was furrowed, and her lips were pulled into a thin line. I’ve seen this look a lot on small business owners. Her digital marketing firm was six years old, and she had 12 employees. The company was doing well....
The True Cost of Not Doing Job Costing

The True Cost of Not Doing Job Costing

The owner of a marketing communications business—let’s call her Christine—was sitting across from me. She cradled her head in her left hand and sighed. Then she looked over at me with large, pleading eyes and said, “My people have never been busier. But in the 10...
30 Minutes to Break-Even

30 Minutes to Break-Even

It’s a brand-new year, full of promise and potential. I hope you’re rolling up your sleeves to improve cash flow this year. Wait, that wasn’t one of your new year’s resolutions? Your current year budget isn’t in place? Don’t despair, it’s not too late. The best way to...